For SaleUnder Offer

Development Land

331 Cregagh Road, Belfast

PRIME DEVELOPMENT LAND OF C. 0.4AC WITH EXISTING BUILDING OF 3,932 SQFT

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Overview

The property comprises of a single storey building with vehicular access from South Bank Road. It occupies a flat, rectangular site of approximately 0.4 acres, located within a well-established residential area. Internally, the property comprises of a central lobby leading to a series of private rooms, bathrooms and stores. The property offers flexibility for reconfiguration due to the stud wall partitioning. The building provides an abundance of natural lighting throughout with large windows along the entire south facing elevation. Externally, the site is predominantly laid in tarmac and is enclosed by perimeter fencing and boundary walls. It offers a self-contained and accessible layout, presenting strong redevelopment potential (STPP).

Key Features

Potential residential development site (STPP)
Ideal property for owner occupier business
Located approximately 2 miles from Belfast City Centre
Single story building of 3,932 sqft with on-site car parking
Flat, rectangular site of c. 0.4 acres

3,932 sqft (365 m²)

Location

Address

331 Cregagh Road, Belfast
Belfast
BT6 0LE
GB
54.57405, -5.895511
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About the Area

The subject property is situated in East Belfast, on the Cregagh Road, an important arterial route approximately 2 miles from Belfast City Centre. This location benefits from excellent transport links, including regular bus services, the outer ring road, and the A55, ensuring efficient connectivity across the city and beyond. The Cregagh Road is a popular residential area in close proximity to Forestside Shopping Centre and Drumkeen Retail Park, along with a range of local independent cafes and retailers. The subject land falls within the catchment area for a number of primary and secondary schools.

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Price

£300,000.00

Rates

Capital Value: £27,800
Rates Poundage 2025/26: 0.626592
Rates Payable: £17,419.26

VAT

All prices, outgoings and rentals are exclusive of, but may be liable to VAT.

Stamp Duty

Stamp duty, if applicable will be the liability of the purchaser.

EPC

The EPC rating is D99.

Customer Due Diligence

Customer Due Diligence As a business carrying out estate agency work we are required to verify the identity of both the vendor and the purchaser as outlined in the following: The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 - https://www.legislation.gov.uk/uksi/2017/692/contents. Any information and documentation provided by you will be held for a period of five years from when you cease to have a contractual relationship with Ambit. The information will be held in accordance with General Data Protection Regulation (GDPR) on our client file and will not be passed on to any other party, unless we are required to do so by law and regulation. Please Note The Directors of Ambit for themselves and for the vendors or lessors of this property whose agents they are give notice that (i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessors, and do not constitute part of, an offer or contract; (ii) all descriptions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of the Directors of Ambit has any authority to make or give any representation or warranty whatever in relation to the property. REF 25397

Agents

Jonathan Haughey

Associate Director

Kristian Dube

Placement Student

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331 Cregagh Road, Belfast

Overview

Key Features

Location