Sunday, 04 October 2015 News

 Murphy to sell prime Derry Building

Murphy to sell prime Derry Building

Murphy Chartered Surveyors, a leading real estate agency in Northern Ireland, has been instructed by private clients to sell a Prominent, Retail /Office / Restaurant building at 16, Waterloo Place, Derry in the coming weeks.

Derry city, is the second largest urban centre in N Ireland with an estimated city population in the region of 109,000 people and an estimated catchment population of 250,000.

The city is the main commercial hub in the North West of Northern Ireland and also benefits from cross border business/commercial traffic due to its close proximity to Co Donegal.

The city also became the first designated UK City of Culture, which has been a foundation to a strong growing tourism/leisure sector that flourish’s all year round in the city.

The subject property is located in Derry’s city centre in what would be seen as one of the cities busy shopping /Leisure /tourism locations with the world famous Guildhall and Derry’s Walls in close proximity.

The premises are arranged over ground, first and second floor, with a side stair entrance that can service the first and second floor separately.  The premises was previously used as a banking Hall with ancillary offices on the upper floor levels, before being used for retail and storage in the last 10 years. Subject to planning, the upper floors could be used for offices again, with the ground floor used for retail/office and restaurant use potentially.

The premises extend to 6,357 sqft (approx) over three levels with the ground floor offering 3,200 sqft (approx)

As the property was previously used as a banking hall, there are Toilets on each of the upper floors that may allow sub-division of this space to different occupiers.

The premises are available for sale with the asking price on application, with this building offering an opportunity to own part of Derry’s business heart.