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More NI Water surplus assets are up for sale

By Staff Reporter

Published 20/09/2016

Northern Ireland Water is selling its defunct wastewater treatment site at Millvale Road in Bessbrook
Northern Ireland Water is selling its defunct wastewater treatment site at Millvale Road in Bessbrook

Northern Ireland Water is continuing the sale of defunct assets with the disposal of a former wastewater treatment works and an old water-pumping station.

The company is selling its defunct wastewater treatment site at Millvale Road in Bessbrook, with an asking price of £20,000.

The 2.3 acres site is made up of two separate areas on either side of the Bessbrook River.

And the business has also marketed its former water-pumping station at Oxford Street, Belfast, for sale, asking price £100,000.

Agents McKibbin Commercial Property describe the station as occupying a "highly prominent location in Belfast city centre". And director Brian Wilkinson of McKibbin - which is also selling the former water treatment site - said there had been "good interest" in both properties.

The pumping station has been out of use since 2009.

The ground floor of the building features an open mesh floor on steel frame around the perimeter with painted brick walls.

A spokesman for NI Water said: "NI Water has an obligation to dispose of surplus assets in order to achieve the best value for money on behalf of the taxpayer."

He said the Oxford Street site had been built in the 1930s as a storm water pumping station. "Along with three other similar facilities elsewhere in the city, it has been out of service since late 2009."

NI Water last week announced it had increased revenues to £380m. The state-owned supplier also invested around £140m in capital schemes across the network, according to its annual report and accounts. It also says revenue increased from £377.2m to £380m. And during the year, it generated an "operating surplus" of £101.5m and returned £24.7m back to the public purse.

NI Water says it has continued investment in its water and wastewater infrastructure, with around £1.9bn being invested since 2007.

Belfast Telegraph

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