Highly prestigious development opportunity of circa 0.
75 acres in a prime North Down location.
The subject site is positioned between the Holywood Hills and the Shores of Belfast Lough along the Bangor Road, approximately 7 miles east of Belfast City Centre and 1.5 miles from Holywood town centre.
The Bangor Road is a gateway to North Down and consists of a coastal corridor of commuter development around the attractive commercial town centre of Holywood.
The subject site is located in Cultra, a highly regarded location, only minutes from the coastal paths of North Down and convenient for the Belfast to Bangor railway line and the George Best Belfast City Airport. The site is located adjacent to the northern platform of Cultra Train Station, which is set on the Bangor to Belfast line. The station is located approximately 200m north of the junction with the main A2 Bangor to Belfast Road. Directly south of the site is the Cultra Inn, which is part of the Culloden Hotel Complex.
The general vicinity is characterised by substantial detached dwellings set on large sites. Residents rely on Holywood approximately 1.5 miles west for commercial and social amenities such as the Royal North Down Yacht Club and the Royal Belfast Golf Club, which are within easy walking distance, as are various local municipal parks and coastal walks.
The subject site comprises of an attractive red brick building, formerly utilised as a Station House, however currently vacant and in need of significant restoration / modernisation. The Station House is set on a regular shaped site which is approximately 0.75 acres, accessed off Cultra Station Road. Generally the site provides a unique development opportunity with an attractive existing building.
There has been planning permission granted for alterations to the existing Station Master's House to provide 4 No. apartments (comprising 3 No. 2 bedroom apartments and 1 No. 1 bedroom apartment). There is also planning for the residential development of 2 No. 3 bedroom semi detached dwellings and associated car parking and landscaping. Please contact the North Down office for further details of planning consent.
SCHEDULE OF UNITS
Unit Description Sq Ft
1 2 Bedroom Apartment (conversion) 600
2 2 Bedroom Apartment (conversion) 675
3 1 Bedroom Apartment (conversion) 575
4 2 Bedroom Apartment (conversion) 670
5 3 Bedroom Semi Detached House 1,135
6 3 Bedroom Semi Detached House 1,135
There may be further potential for development on the site, we would advise you instruct an independent planning consultant for further information, as there is no additional planning permission at present.
Offers are invited in the region of £450,000 (four hundred and fifty thousand pounds Sterling).
For further details please contact David Menary at the North Down office on 028 90 428989 or email@example.com