3 Lord St 4,142 sq ft Retail Property Belfast BT5 4QG £240,000 (£57.94/sq ft)

The subject property comprises a two storey bar located on the junction of Lord Street and Thorndyke Street. The bar has been trading for over 40 years and is well established in the area. The ground floor benefits from a public bar, pool room, outdoor smoking area and ladies and gents bathrooms. Back of house facilities include a keg store and large refrigerated store, bottle stores and a private office.
Outline planning permission has been granted on the property for residential development. Demolition of the existing building and the erection of a 3 storey apartment building and all associated works.
We understand the application was made for 12 apartments however this would need to be reviewed under the Reserved Matters Planning Application to incorporate amenity space into the scheme. We understand a three storey building is acceptable in this location.