Business

Property firm GVA puts former Ulster Bank premises up for sale

The former Ulster Bank at 75 Main Street in Bangor has been put on the market

PROPERTY consultancy GVANI is selling off six former Ulster Bank branches which were shut earlier this year as part of restructuring within the group.

The properties range in size from more than 6,300 sq ft at the Grade B1 Listed former Bangor branch on the town's main street, through to two much small branches about a third of that floor space.

And all of the properties are likely to be suitable for a variety of commercial uses or re-development (subject to any necessary statutory consents), and in one case (Newtownabbey) possibly also for residential use

The six former bank properties which GVANI have put on the market are:

:: 54 Boucher Road, Belfast (a two-storey 2,155 sq ft property occupying a prominent corner site fronting on to the prime Boucher Road.

:: 401 / 405 Woodstock Road, Belfast (two storeys and extending to 2,890 sq ft, it is located end of terrace commercial building and benefit from 11 metres of frontage on to the busy Woodstock Road and 16 metres of frontage on to Tildarg Street).

:: 148 Monkstown Road, Newtownabbey (this 2,906 sq ft property occupies a highly prominent site in the densely populated Monkstown area and could be redeveloped for residential use subject to planning).

:: 10 Main Street, Garvagh (this 4,122 sq ft attractive Grade B2 listed three storey property has a commanding position fronting on to Garvagh's town centre Main Street.

:: 76 Main Street, Kircubbin (the smallest property of the six on offer at 2,203 sq ft, it fronts on to the town's Main Street)

:: 75 Main Street, Bangor (this imposing 6,328 sq ft period building with car park to rear is set in the heart of the seaside town's commercial district. Its front elevation is Grade B1 listed).

Details on on the properties are available from Gavin Weir (gavin.weir@gvani.co.uk), Jago Bret (j.bret@gvani.co.uk), Liam Mc Auley (liam.mcauley@gvani.co.uk) or William Russell (William.russell@gvani.co.uk).

Established in 2005, GVA NI is one of Northern Ireland's leading property consultants and offers a wide range of property advisory services for clients including McDonald's Restaurants, Phoenix Natural Gas, British Medical Association, Royal Bank of Scotland, Santander, Barclays, Bank of Ireland, First Trust, Danske Bank, The Ministry of Defence, British Telecommunications and Telereal Trillium.

The disposals by GVA is part of a wider sell-off of former bank properties across Northern Ireland.

Over the summer First Trust shut 15 branches across the north, around half of its retail network, as part of a review of its operations, and most of these have already gone on the market, including its former premises at High Street in Belfast.

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