3/10/2011
Yes, we’re living in challenging times, and yes the market is very difficult, but at McConnell Chartered Surveyors we haven't been letting the grass grow under our feet…
We’ve transacted a surprising number of deals in the first nine months of 2011 – here’s just a selection…
ACQUISITIONS
38/42 Hill Street, Belfast, Offices for National Deaf Childrens’ Society *** 322 Lisburn Road, Belfast Retail Acquired for Mace Franchisee *** Bow Street, Lisburn Retail Acquired for Trespass Outdoor Clothing ***
SALES
Glenford Way, Newtownards 27,000 sq ft industrial Sold for £410,000 *** Ravenhill Road, Belfast 11,650 sq ft Business Space Sold for £500,000
LETTINGS
20 Great Victoria Street, Belfast 3,634 sq ft Retail Let to Tesco *** Kiltonga, Newtownards 16,285 sq ft Industrial *** Meadow Road, Lisburn 15,000 sq ft Warehouse *** Jennymount Business Park, Belfast 14,200 sq ft Offices *** Mossley Mill, Newtownabbey 8,500 sq ft Offices *** Balloo Avenue, Bangor 5,685 sq ft Showroom *** Dargan Crescent, Belfast 4,600 sq ft Warehouse *** Dargan Court, Belfast 4,000 sq ft Warehouse *** 5 Rosemary Street, Belfast, Retail *** 16 Castlereagh Road, Belfast Retail Unit *** 71-73 Castlereagh Road, Belfast Retail Unit *** 348 Woodstock Road, Belfast Retail Unit *** 55 Holywood Road, Belfast Retail Unit *** 22 Edgar Road, Carryduff Office & Warehouse *** 24 Donegall Street, Belfast Offices Tenancy at Will *** North Road, Newtownards Industrial *** Saintfield Mill, Saintfield Offices *** 156 Sandy Row, Belfast Retail *** 36 Main Street, Ballynahinch Retail *** 701 Old Park Road, Belfast Hot Food *** 20 Donegall Street, Belfast Hot Food *** Unit 13, Forty 8 North, Belfast Business Space *** 131 Lisburn Road, Belfast Retail *** 89/93 North Street, Belfast Retail *** 53 High Street, Ballyclare Café *** 90 Stranmillis Road, Belfast Offices *** 72 High Street, Belfast Offices *** 143 University Street, Belfast Offices *** 121 Saintfield Road, Lisburn Warehouse *** 31/33 Botanic Avenue, Belfast Retail *** 400 Woodstock Road, Belfast Retail *** 215 Woodstock Road, Belfast Retail *** 5 College Court, Belfast Studios *** 37/39 Queen Street, Belfast Studio *** 18 High Street, Belfast Retail *** James Street South & Brunswick Street, Belfast Restaurant *** 19 Arthur Street, Belfast Beauty Salon *** 128 Castlereagh Street, Belfast Retail
Whether you're looking to acquire or dispose of commercial property, the chances are that we can help
To discuss your property requirements or disposals call either Rory McConnell or Rory Clark on +44(0)28 90 205 900
15/8/2011
In our first retail acquisition for Trespass, the major UK outdoor clothing retailer, McConnell Chartered Surveyors has completed on a leasehold deal in Lisburn, Co Antrim. Trespass has taken a 10 year lease on the new development at Wallace Buildings, in the prime city centre Bow Street shopping location. The property comprises c.2,673 sq ft ground floor retail plus c.2,195 sq ft at first floor. The landlord was represented by Frazer Kidd & Partners.
A headline rental of £50,000 was agreed, however very substantial inducements were negotiated by McConnell’s on behalf of the tenant.
McConnell’s were appointed earlier this year by Trespass as their sole acquisition agents in Northern Ireland through our formal association with King Sturge (now Jones Lang LaSalle).
Trespass are a highly successful UK wide retail brand and we are currently looking for more prime retail opportunities on their behalf.
For further information on our Tenant Rep services please call either Rory McConnell or Rory Clark on +44(0)28 90 205 900
3/8/2011
McConnell Chartered Surveyors, acting for Tyco International, has sold units 4 & 5 Ravenhill Business Park, on the Ravenhill Road in East Belfast, for £500,000. The property was acquired by Apprentice Training which has now set up their first centre in Northern Ireland providing plumbing and electrical training for young people. The building comprises around 11,650 sq ft over two floors. Commenting on the sale, Rory McConnell at McConnell’s said “this sale instruction was referred to us through our formal association with King Sturge (now Jones Lang LaSalle) in London, and Tyco were delighted that we had managed to secure a purchaser in what is currently a particularly difficult market.”
For more information on our Agency services please contact either Rory McConnell or Rory Clark - +44(0)28 90 205 900
