Estate Description

The property comprises a seven storey office building with a single tenant occupying the ground floor while floors one to five are vacant. The sixth floor is let on a semi-serviced basis. The property is being sold as a receivership sale with the debt held between CarVal Investors and Deutsche Bank. The property is of modern build, completed in the 1990s, with a combination of stone and red brick elevations.

Location

The property is located on Adelaide Street, in Belfast City Centre. Adelaide Street is situated in Belfast’s central business district linking to Donegall Square and Belfast City Hall to the north and Ormeau Avenue to the south. The major retailing hub of the City Centre, Victoria Square, is located 0.4 miles to the north east. Nearby occupiers include NFU Mutual, Bank of England and Starbucks (retail).