Outstanding Development Opportunity
Price £490,000
Type
Status
Residential, Office, Development, Retail, Investment
For Sale
The city of Newry is a thriving regional hub located on the border with the Republic of Ireland, approximately 40 miles south of Belfast and 60 miles north of Dublin with a borough population of 179,000 and 1.3 million within a 25 minute drive time.
It is served by excellent transport links and is strategically located just off the A1 dual carriageway from Belfast connecting to the M1 motorway heading south to Dublin.
The property comprises a former supermarket store with extensive upper floor office and storage accommodation, centrally located on Hill Street, the city's primary high street retailing location. Nearby occupiers include Barclays Bank, Boyle Sports, TUI and Menarys.
It benefits from extremely prominent frontages to Hill Street, O'Hagan Street and The Mall, and is in close proximity to the recently completed First Derivatives hub in Marcus Square and the 20,000 sqft mixed use redevelopment of the former Post Office premises in Hill Street.