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One-time bank building in Belfast goes on the market for £1.25m

By Margaret Canning

A four-storey office building in Belfast has gone on the market for £1.25m.

Laganview House, on the corner of Ann Street and Oxford Street, was originally built for the Bank of Ireland and was later occupied by the Northern Ireland Housing Executive.

But the building is now vacant - with the exception of Michelin-starred restaurant OX on its ground floor. However, OX is in a unit which has a different owner, so is not affected by the sale.

The ground floor still has the hallmarks of its former use as a banking hall, with a floor to ceiling height of 4.8 metres.

Richard McCaig, associate director at commercial property agents Osborne King, which is selling the building, said the building was suitable for refurbishment, subject to planning. Plans to knock down the building and replace it with apartments over seven storeys were refused in 2012.

See page 19 for more commercial property news

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