10
June
2009
|
00:00
Europe/Amsterdam

LETTINGS AT BOUCHER ROAD, BELFAST

In what may be an increasing trend, the Belfast office of CB Richard Ellis has arranged 2 short term lettings at sites within the Boucher Road area of Belfast.

The 2 sites were put to the market in early 2008 but no offers were received close to the owners’ aspirations. In order to enable the owners to hold the premises pending better economic conditions, CB Richard Ellis have arranged short term lettings on both; one site being let to McLaughlin & Harvey building and civil engineering contractors whilst the other was let to the SERE Motors.

Both sites are now occupied by the tenants and delivering rental income to the owners whilst they wait for capital markets to improve. This is a clear example of pro-active agency enabling our clients to hold property rather than selling in a weak market.

For further Information please contact:

Brian Lavery
Managing Director
CB Richard Ellis
Imperial House
Donegall Square East
Belfast BT1 5HD
T: +44 (0)28 9043 8555
F: +44 (0)28 9043 9444

brian.lavery@cbre.com
www.cbre.ie/ni