Flagship Centre Bangor
The Flagship Centre
17th August 2021:
It has been revealed by Brookland Property that they are now in possession of the Flagship Centre with immediate effect.
The centrally located scheme presents a landmark regeneration opportunity for the team at Brookland Property, and the Bangor town community. The locally based developer has transformational intentions for the substantial asset, with plans due to be announced before the end of the year.
The Owner/Diector of Brookland Property said...
“Our first priority will be to get the carpark back into use as soon as possible and we will be making an innovative proposal to Ards and North Down Borough Council imminently.
With my personal connection to the town, I’m delighted that the professional team also comprises two more Bangorians namely Drew Nesbitt, Partner with Wilson Nesbitt Solicitors and Mark Riddell from property agents Riddell McKibbin.”
Mark Riddell, sales agent for administrator Alex Kachani, explained:
“We are very pleased to complete the sale of flagship centre, Bangor to Brookland during what has been a challenging period for high streets and town centres across the country. Brookland have ambitious and achievable plans for the scheme which will enhance the wider town centre experience and which should reverse the recent increase in vacancy, building delinquency and anti-social issues in the town centre. The acquisition should be the regeneration kickstart that Bangor town centre needs and the fact that Brookland are based locally can only improve the prospects of delivering a successful repositioning of the town centre. We wish them every success in this exciting and necessary project.”
Geoff Thompson, President of Bangor Chamber of Commerce welcomed news of the new ownership: “This is a much-needed boost for Bangor’s town centre and will complement other major projects including the proposed development at Queen’s Parade and the regeneration of Bangor’s waterfront. Increased footfall and further incentives to visit the town are imperative to Bangor’s future success. We look forward to engaging with the new owners of the Flagship and wish them well with their latest venture.”