Thursday 16 August 2018

UTV's Belfast HQ guiding at €3.99m

Havelock House has been the headquarters of UTV since 1959
Havelock House has been the headquarters of UTV since 1959
Ronald Quinlan

Ronald Quinlan

After nearly 60 years of serving as the headquarters of UTV, Havelock House in Belfast goes on the market today with a guide price of Stg£3.5m (€3.99m). The sale of the property, which is being handled by Savills Northern Ireland, comes as Northern Ireland's largest TV broadcaster progresses its plan to move to new studios and offices at City Quays 2 in the Belfast Harbour Estate.

Havelock House has been home to UTV - which is owned by ITV plc - since the station first went on air in 1959. The building on Belfast's Ormeau Road comprises 59,000 sq ft of office and production space and sits on a site of 1.78 acres.

The property is steeped in history. Before being converted into a television studio complex, it was the former site of a hemstitching warehouse. During WWII, the building was the billet for troops to provide cover for Belfast's bridges.

For many years, UTV's base at Havelock House was used by film crews from around the world to process and edit film footage of the Troubles.

Commenting on the sale, Simon McEvoy, divisional director at Savills Northern Ireland said: "Given its prominent location, we expect a high level of demand from an array of local and international investors and developers for Havelock House.

"There are a number of opportunities for an eventual buyer to realise the potential of this site, including the development of residential or office accommodation, or indeed the refurbishment of the existing structure."

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