Belfast Telegraph

Building once home to Lisburn major glass firm on market for £1.2m

Commercial Property

By John Mulgrew

The former home of a Lisburn glass company which went bust a year ago has gone on sale for £1.2m.

Lisburn Glass Group Limited, which worked on big name projects such as the Boat and Arc buildings in Belfast, ceased trading in February last year.

The firm traded for more than 40 years and was based at Blaris Industrial Estate.

The property - which is being sold by commercial property firm CBRE - is made up of a warehouse with two-storey office, ancillary and showroom.

It is owned by a private investor.

It's understood the building currently has a temporary tenant, but the development will be vacant at the end of the month.

And it's believed to have already received interest from a range of businesses, including those in manufacturing.

Lisburn Glass was set up in 1971 and developed a national reputation in the industrial and commercial glazing market.

Some of its high-profile contracts included the Public Record Office of Northern Ireland (PRONI) building.

Meanwhile, a five-storey city centre office building which was formerly home to the Alliance & Leicester has been sold.

Leicester House sits on Royal Avenue in Belfast city centre and had been placed on sale by commercial property firm Frazer Kidd.

The building is now empty and is located on the corner of Lower Garfield Street.

The value of the sale has not been disclosed.

It's thought the development may have been sold to Castlebrooke Investments - the new firm which has taken control of the £360m Royal Exchange plan in the city centre.

The new owners of the 12-acre area, which is based around Royal Avenue, have also submitted a reworked planning application for the scheme. It foresees the main superstructure taking more than two-and-a-half years to build.

A change of plans also includes a breakdown of works over the next two to three years.

It says initial "enabling works" and demolition is predicted to take around nine months.

It's the latest city centre development to be sold in the last few months.

That includes the home of the Northern Ireland Policing Board - Waterside Tower & North Tower at Clarendon Road.

It had been placed on the market for £4.5m.

Meanwhile, Belfast is also set to get one of its biggest single office developments, capable of holding 3,000 staff.

The massive 260,000 sq ft development, which may be called 'One Bankmore Square', would be around 12-storeys in size and will see the current Movie House cinema on the Dublin Road being redeveloped.

Belfast Telegraph

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