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Longwood Road Retail Park Longwood Road, Belfast, BT37 9UF

Description

Newtonabbey is an important regional centre within the context of Northern Ireland with a broad retail offer both within Abbey Shopping Centre and the surrounding warehouse parks. Retailers represented include Tesco, Marks & Spencer, Primark, B&Q, Matalen, TK Maxx, Currys, Lidl, Mothercare, Arcadia, Boots, Monsoon and Argos extending to in excess of 1m sq ft.

Asset management opportunities include: the development of free-standing retail/restaurant units within the customer car park and the potential availability of retail warehouse units through active asset management. (Full details can be obtained from the retained agents.)

Location

Newtonabbey is a town just 5 miles north of Belfast in County Antrim, Northern Ireland.

The scheme is strategically located adjacent to Junction 2 on the M2 Motorway with access from both Longwood Road and Mill Road.


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Key Features

Size
191,000 sq ft / 17,744 sq m
Class Usage
A1 - Part Open, Non Food

Number of Retail Units
10
Ownership
Aberdeen Asset Management

Travel

Drive Time

Within a 30 minute of Newtownabbey

Parking
872

Financial

Use Class
A1

Further Information

History

September 2010

Scottish Widows Investment Partnership (SWIP) purchased Longwood Road Retail Park, Newtownabbey. It was sold by local developer Corbo Properties for £48m, an initial yield of 6.2%.


Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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