Belfast landmark office building, Montgomery House, goes on sale for £9m
Landmark office building, Montgomery House, has been listed for sale with a £9 million asking price.
The prime city-centre investment opportunity has a total floor space of nearly 35,000 sq ft and is located on Montgomery Street within the city centre, only 150 metres from Belfast City Hall.
The nine-floor building is Grade-A and includes parking for up to ten cars, with an NCP car park located next door with over 470 spaces. A secure cycle-park is also located on-site.
The current tenants’ income stands at just over £680,000 per year with an initial yield of 7.10%, reverting to 7.81% on ERVs.
The building’s entrance lobby has recently been refurbished and includes a door entry system, outstanding modern décor and feature lighting.
Ronan Campbell, partner at independent commercial property practice Campbell Cairns, said: “Montgomery House is representative of the outstanding quality of office space available in Belfast and Northern Ireland, and offers a rare opportunity to acquire such an asset in the city. The building is a fantastic investment opportunity for any buyer and we would not expect this to remain on the market for very long.”
Montgomery House also boasts 24-hour access with on-site security present during business hours.
To find out more about Montgomery House or to download the brochure, visit www.campbellcairns.com
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