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Hotel boss puts industrial site on market with £3.3m pricetag

By Margaret Canning

Published 06/09/2016

A major commercial site in Londonderry belonging to the city's best-known businessman has gone on the market
A major commercial site in Londonderry belonging to the city's best-known businessman has gone on the market

A major commercial site in Londonderry belonging to the city's best-known businessman has gone on the market.

The Da Vinci Complex has a £3.3m asking price and is thought to be one of the biggest local sites to go on sale in recent years.

The complex and nearby hotel belong to north west businessman Garvan O'Doherty, whose GOD group also owns the city's Travelodge and Waterfoot hotels, and five Chill off-licences.

While the complex of business and industrial units is on the market through CBRE, the Da Vinci Hotel, one of the city's most popular venues, is not for sale and remains in GOD Group ownership. It's understood renovations are planned for the Waterfoot and Da Vinci hotels.

CBRE and Mr O'Doherty did not wish to comment on the sale. The Culmore Road site has 30,000 sq ft of retail, office and industrial space and tenants include Bank of Ireland and Ulster Bank.

Belfast Telegraph

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