Belfast Telegraph

UK Website Of The Year

Three big retail sites up for sale across the province

By John Mulgrew

Published 07/10/2015

For sale: Lisnagelvin shopping centre
For sale: Lisnagelvin shopping centre

Three major retail sites including phase one of Riverside in Coleraine and Lisnagelvin Shopping Centre in Londonderry have gone on the market.

The sites, which also include the Craigavon Tesco store, are currently owned by large London-based investment company British Land.

The listed firm has appointed commercial property agents Savills to sell the retail sites.

British Land first took on Lisnagelvin Shopping Centre as part of a property swap with Tesco, which it completed earlier this year.

It's understood British Land, which deals in commercial property across the globe, is trying to free up some of its smaller land assets.

The business is also selling part of Riverside Retail Park in Coleraine, which has supermarket giant Sainsbury's as its main anchor tenant.

The three retail sites are the latest major shopping areas to go on sale here in the last few months.

Looking for the ideal location for your business? Find it at

Belfast Telegraph

Your Comments

COMMENT RULES: Comments that are judged to be defamatory, abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted. The moderator will not enter into debate with individual contributors and the moderator’s decision is final. It is Belfast Telegraph policy to close comments on court cases, tribunals and active legal investigations. We may also close comments on articles which are being targeted for abuse. Problems with commenting?

Read More


From Belfast Telegraph