Posted on Monday 3 December 2018 by John Mulgrew

Flat1

A design agency has become the first tenant of a newly renovated Victorian listed building with another business expected to become the second soon, Ulster Business can reveal.

The Flatiron building, which sits on Victoria Street in Belfast, was purchased and fully refurbished internally by Holywood-based investor, Wirefox, in 2016.

According to property advisors Savills, who are acting on behalf of the landlord, the building is almost at full capacity.

The third floor of 1,668 sq ft is being taken on by a Belfast firm, while another design company is expected to take on another floor.

This is the second refurbished building that Wirefox has delivered into the Belfast office market in 2018, after the now fully let Longbridge House on Waring Street.

Simon McEvoy, divisional director at Savills, said:

“The restoration of the Flatiron building has been extraordinarily successful, and we are experiencing big demand from businesses wanting to secure such a unique workspace for their brand. It really is a fascinating mix of the old and the new.

“With high ceilings, exposed brick feature walls, high quality wood flooring and the strikingly restored staircase from the entrance lobby, the space reflects innovative contemporary design.”

The development is guiding a rental income of £30,000 for each floor.

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