Purchase of Prominent Commercial Property in Belfast

Published on: 25 August 2017

Luke Curran & Co. have completed the purchase of a prominent commercial property in Belfast. Lesley Exchange 1 on East Street comprises c18,260ft2 over five floors and is fully let to the Department of Finance & Personnel from June 2014 – June 2024. Exchange 1 was listed for auction with a maximum reserve of £3.15m. It was agreed for sale by our client after inspection and investigation on title with completion within a short term thereafter. It represents a significant investment in office space letting in the city providing a beneficial yield.

Luke Curran & Co. have completed the purchase of a prominent commercial property in Belfast.  Lesley Exchange 1 on East Street comprises c18,260ft2 over five floors and is fully let to the Department of Finance & Personnel from June 2014 – June 2024.  Exchange 1 was listed for auction with a maximum reserve of £3.15m.  It was agreed for sale by our client after inspection and investigation on title with completion within a short term thereafter.  It represents a significant investment in office space letting in the city providing a beneficial yield.