Freehold Development Opportunity in Northern Ireland For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this excellent residential development opportunity. The site spans over approximately 1.4 acres, nestled between two existing residential developments. It is currently zoned as light industrial use but it is expected that conversion to residential use will be nothing more than a formality. It is currently occupied by our client's long established business, which he is looking to relocate to more suitable premises and release equity on the land. Our client has offered to remain on site and pay a peppercorn rent until the purchaser has obtained the relevant planning permission if desired, but will be happy to vacate as soon as required. The land is exceptionally flat and has basic services in place: sewage, water and electricity, making this an easy site to prepare for foundations. Bag a Business Ltd feel that this is a great opportunity and expect interest in this site to be high and as such urge early discussions to avoid disappointment.

Property information

Property:

Freehold

Living accommodation:

Large warehouse set upon 1.4 acres of land

Location:

This fantastic development opportunity is located on Metican Road in the town of Garvagh in County Londonderry. Historically, Garvagh has been the centre of a fertile rural area serving a farming community on the edge of the Bann Valley. It lies a mere 15 minutes' from the major population towns of Coleraine and Ballymoney, which offer significant employment opportunities and plenty of shopping. There are 2 primary schools and a high school in the town and Coleraine has excellent grammar schools and a university. Garvagh is located on the A29, which serves as the main arterial line to the west of Lough Neagh. It is home to a 550 acre forest and is within 20 minutes' drive to the beautiful North Antrim coastline. Belfast and Londonderry are just 45 minutes away.