Take a look around: Waterfront office investment in Northern Ireland on market for over £4.6million from a letter a stroy alpha Watch Video

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✓ Published: 10-Apr-2024

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Beacon House in Belfast’s Clarendon Dock Business Park has been brought to market for sale, with offers in excess of £4.6 million being sought.<br/><br/>Located in Belfast Harbour Estate close to the city centre, Beacon House is a 51,028 sq ft waterfront office building comprising five storeys.<br/><br/>The building is currently let in its entirety to London-headquartered international outsourcing company Capita until 2028 at a passing rent of £675,000 per annum.<br/><br/>James Turkington, senior surveyor at selling agent CBRE NI, said: “As a flagship building situated on a unique headland site in Clarendon Dock, Beacon House represents an excellent investment opportunity with the building being periodically refurbished over the last decade.<br/><br/>“Having been completely redeveloped over the last 20 years, Clarendon Dock has a wide-range of tenants that includes Belfast Harbour Commissioners, UTV and WR Barnett.<br/><br/>“CBRE’s recent study revealed that 90% of companies are committed to re-establishing their physical presence by the end of 2024, and we look forward to continued interest and activity in the office market throughout the year.”