Over the last 15 years the Belfast skyline has changed considerably as regeneration projects around the city have renewed the stock of commercial property available. No matter what type of space is needed, multiple sites in city and business park locations offer choice, convenience and lower costs than comparable European locations.
Belfast is served by two airports: George Best Belfast City Airport in the city, and Belfast International Airport 15 miles west of the city. Belfast is also a major seaport, with commercial and industrial docks dominating the Belfast Lough shoreline, including the Titanic builders Harland and Wolff shipyard, which today continues to serve the marine market but also the new offshore energy markets.
Belfast Retail Property
Beflast Victoria square is a new shopping/leisure development incorporating restaurants, leisure facilities, major department stores, residential accommodation and underground parking with 1,000 spaces. The focus of this area is a new public square covered by a glass dome which is one of the biggest covered spaces in a mixed-use development of this nature anywhere in Europe. This are boasts House of Fraser as one of the tenants of this £320 million commercial property development
Castle Court is Belfast’s Premier Shopping Destination and in fact in Northern Ireland. CastleCourt attracts 18 million customers’ visits per year. Sale densities rank in the top 10% in the country, attracting numerous new retailers. A planned extension to this development will take retail space from 330,000 sq ft to 825,000 sq ft.
The gallery is the new name for what was known as Donegall Arcade in Belfast. This is a established prime city centre retail area which attracts high profile retailers and provides over 5030 sq m of retail space in Belfast.
Belfast Office Property
To date over £1 billion has been invested in to this are making this one of the best areas in Belfast to situate your new office in Belfast. This high quality waterfront development provides a new modern look for Belfast which attracts many multi-national companies to its banks, such as the Hilton, Radisson SAS, HBOS Halifax, BT, PriceWaterhouse Coopers, Prudential, Northbrook and Regus
You may want to consider some of the following points as you carry out your search for commercial property in Belfast. You maximum purchase price or rental value will be dictated by the amount the business can comfortably and realistically support, not just in the short term, but perhaps up to five or ten years in the future. In most cases these few points would be worth considering, but there are usually plenty of other valid points that should also be considered on a case-by-case basis before you actually make an offer on a commercial property.