Posted on Wednesday 26 September 2018 by John Mulgrew
Greg Henry, associate director of agency at Lambert Smith Hampton
A former Belfast city bank building - on the market for £2m - has been sold, Ulster Business can reveal.
The former First Trust building on High Street was placed on the market last summer. The four-storey building was sold off this summer, after being marketed by commercial property firm Lambert Smith Hampton.
Greg Henry, associate director of agency at Lambert Smith Hampton, told Ulster Business:
“We were delighted to complete this deal at the end of July following active interest from owner occupiers and investor developers alike.”
Elsewhere, the former First Trust Bank on the Ormeau Road in Belfast could be demolished to make way for a new retail and cafe development.
A planning application, made by PWD Developments, is seeking to create a mixed use development, which will incorporate two ground floor units and eight apartments.
The proposed scheme would involve the demolition of the two-storey building to make way for the new three-storey project.
The building sits across the The Pavilion and Errigle bars, was put on the market last year with a price tag of around £350,000.
The proposed building design has been developed to improve the streetscape, and according to the architects, offers a clean, crisp and modern interpretation of a traditional design.