11 °CTue, 13

Historic Mall building to sell for over £400,000

by HAZEL HAMMOND

A LANDMARK Armagh building will change hands shortly at a cost in excess of £400,000.

The iconic three-storey Gosford Place office – previously used by the Southern Health Trust  – has attracted huge interest since going on the market.

And speculation is mounting as to a future use, with it having been described as ideal for a hotel, amongst other things.

Overlooking the city’s historic Mall, the 22,000 sq ft building, is already under offer.

The property which is situated on a prominent roadside location, comprises a three-storey building, complete with basement, giving a total site area of 0.18 acres.

While the property is a mix of converted residential listed terrace buildings - with a purposely built office extension fronting on to the Mall - the original listed building element is understood to be of 1830s construction.

Andrew Gawley, associate director of Lisney’s estate agency, told the Ulster Gazette there had been “good interest” in the building and confirmed: “There are currently a number of people interested in bidding.

“We haven’t decided on a closing date but we would try to do it before Christmas if we could.

“The asking price is £400,000 so it will be in excess of that as we have an offer above that at the moment.”

Amongst the potential opportunities listed in the brochure for future use of the B1 listed building are a “boutique hotel/B&B, refurbished offices and residential homes, with an element of ground floor retail/restaurant/coffee shop uses fronting onto the Mall”.

However, all of these would be subject to planning permission and all necessary consents if the new buyer opts for such a development.

In terms of potential buyers, Mr Gawley revealed there has been “a mix of people” interested in owning the historic building.

“It is not even local and throughout Northern Ireland, but also further afield,” he said.

“It has all been very positive and good and we have had a lot of interest. It’s a unique opportunity.

“They will have to refurbish, but they may keep it as an office or they may change it to another alternative use,” he added.

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