UNIQUE 160 BEDROOM APARTHOTEL OPPORTUNITY

The Opportunity

CBRE have been instructed to offer to the operator / occupier market an aparthotel opportunity in Belfast’s historic Linen Quarter. The Linen Quarter is the area to the South of Belfast City Hall and would be regarded as Belfast’s main Central Business District with numerous hotels, pubs and restaurants.

The scheme known as Clarence Gallery occupies a prime corner trading location at the intersection of Linenhall Street and Clarence Street which is within close proximity to Belfast City Hall at Donegall Square in the heart of Belfast City Centre. The nine-storey aparthotel will include 160 bedrooms with reception and food and beverage facilities at ground level. The development of an aparthotel is subject to planning approval.

Proposal

Proposals are invited as follows:

To operate the aparthotel under an occupational lease with an identified operator or concept.

A purchase of the Freehold interest of the aparthotel, with an identified operator or concept on a forward purchase/commit basis.