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City centre building sold for over £1.4m

By John Mulgrew

A Belfast city centre building has been sold for more than £1.45m.

Chancery House at Victoria Street was bought by a private investor from Northern Ireland.

It's currently fully let to MTB solicitors. The building also has planning permission for a mixed-use development.

Neil McShane of Lambert Smith Hampton said: "It represented a unique opportunity in that it is an income-producing investment property with exciting development prospects.

"The prime location and secure tenant means that it will continue to perform well as an office investment but, if redeveloped, will attract significant interest from potential occupiers."

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