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| Address | 76 Castlereagh Road Belfast, BT5 5FP |
|---|---|
| Price | Offers over £75,000 |
| Style | Investment Property |
| Status | For sale |
THREE-STOREY COMMERCIAL PROPERTY
PROMINENT LOCATION ON CASTLEREAGH ROAD
CURRENTLY LET AT £495 PER MONTH
24-MONTH LEASE IN PLACE
VACANT TO VIBRANT GRANT APPROVED
POTENTIAL TO ACQUIRE NO. 74 ALSO
PLANNING APPLICATION FOR 3 APARTMENTS SUBMITTED
EXCELLENT ACCESS TO BELFAST CITY CENTRE
HIGH-DENSITY RESIDENTIAL CATCHMENT
STRONG RESIDENTIAL & COMMERCIAL CATCHMENT
PUBLIC TRANSPORT LINKS CLOSE BY
EPC RATING NO. 76: C75
We are delighted to bring to auction No. 76 Castlereagh Road, a prominent three-storey, red-brick mid-terrace commercial property situated on one of Belfast's main arterial routes.
The property occupies a highly visible position on Castlereagh Road, providing excellent access to Belfast City Centre and benefiting from a strong surrounding residential population, established commercial occupiers and excellent public transport connections.
No. 76 is currently let on a 24-month lease at £495 per month, providing an immediate rental income for the new owner.
This offers an investor the opportunity to acquire an income-producing property while considering longer-term redevelopment or alternative use options.
There is also an opportunity to acquire No. 74 Castlereagh Road alongside No. 76, creating a larger development opportunity.
A planning application has been submitted under reference LA04/2025/0049/F seeking permission for a change of use from commercial to residential and the creation of three self-contained apartments.
If planning approval is obtained, the proposed scheme could provide an attractive residential development opportunity and a potential exit strategy through either resale or retention as investment accommodation.
Planning permission has not yet been granted, and purchasers should satisfy themselves regarding the planning position and development potential.