Healthy in­ter­est shown ahead of agency’ s first ever on­line-only auc­tion

Belfast Telegraph - Business Telegraph - - News - BY MAR­GARET CAN­NING

COM­MER­CIAL prop­erty agency Os­borne King has said it’s re­ceived strong in­ter­est in its on­line-only auc­tion, tak­ing place next week.

Bid­ding starts on­line at 9am on Wed­nes­day, Oc­to­ber 17 in the auc­tion, which is the agency’s first solely on­line sales event.

Mean­while, a four-floor of­fice build­ing in south Belfast has gone on the mar­ket for of­fers of over £475,000.

Com­mer­cial prop­erty agency Philip Tweedie & Co is sell­ing the va­cant prop­erty at 44-46a Done­gall Place, de­scrib­ing it as “prom­i­nent, self-con­tained city cen­tre of­fices”.

The pur­pose-built of­fices have a third-floor roof ter­race, as well staff kitchen fa­cil­i­ties at ground and first floor level.

Amy Holmes from Philip Tweedie said there had been a good re­sponse to the prop­erty from view­ers and in­ter­ested par­ties since go­ing on the mar­ket.

The agency is also rent­ing out River­side House in Col­eraine, de­scribed as a “high-pro­file head­quar­ter of­fice build­ing”.

The two-floor 5,670 sq ft build­ing is on Port­stew­art Road in the town, and also has around 55 car park­ing spa­ces.

Philip Tweedie said the prop­erty also had the po­ten­tial to be sub­di­vided. The agency added that the prop­erty has “a prom­i­nent lo­ca­tion in close prox­im­ity to Causeway Coast and Glens coun­cil of­fices, The Uni­ver­sity of Ul­ster and the new en­ter­prise zone”.

Mean­while, GVA NI is ad­ver­tis­ing 12 former Ul­ster Bank branches in North­ern Ire­land for sale in­clud­ing three listed prop­er­ties.

The build­ings, three of which are Grade B listed — two B1 build­ings in Dro­more and Cas­tled­erg and one grade B2 in Bal­ly­clare — are in towns in­clud­ing Moira, Rath­fri­land, Bal­ly­clare, Dun­given, Portrush and Dro­more.

Agency di­rec­tor Jago Bret said in­ter­est had been strong since the build­ings went on the mar­ket. How­ever, par­ties were more in­ter­ested in ac­quir­ing in­di­vid­ual branches than a num­ber at a time. “We have had a num­ber of of­fers and some com­pet­i­tive bid­ding on a num­ber of them,” he said.

“The of­fers have been from in­di­vid­ual par­ties for in­di­vid­ual branches.”

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