The Tyrone entrepreneur behind the Argento jewellery chain is set to expand his property interests in Belfast city centre.
Pete Boyle’s Angus Properties has announced plans to develop 50,000 sq ft of retail and office space on Queen Street. The five storey red brick Victorian warehouse was previously home to R Carswell & Son’s printworks, bookbinders and stationers. The new office venture is set to retain ‘The Printworks’ name.
It will be located just across the street from the recently approved £17m 175-bed aparthotel complex, proposed by Oakland Holdings.
Pete Boyle’s jewellery chain now spans 29 stores. Last year the company made a £7m profit from the sale of 26 UK stores to the Danish jewellery giant Pandora.
While retail remains the backbone of his business empire, the Strabane native has increasingly expanded into the leisure and property sector over the past year.
In April, he opened the £4m Let’s Go Hydro water park in Carryduff.
This year, his company Angus Properties redeveloped Laganview House on the corner of Ann Street and Oxford Street in Belfast.
The ground floor is let to bridalwear retailer WED2B and last month Cork tech firm Teamwork opened its new Belfast base in the upper three floors.
Set up in 2013 Angus Properties owns a growing portfolio of office, retail and industrial property across Northern Ireland and Scotland.
The company has several projects under way in Belfast which it states will deliver between 6,000 and 50,000 sq ft of office space from 2020.
It includes ‘The Lombard’ development on Belfast’s Lombard Street. The four storey building was acquired by Angus in early 2019, with an extensive refurbishment programme carried out in recent months.
The three floors of office space above the Monico bar and Caffé Uno are now on the market.
