The prominent building is centrally located on the Diamond, Coleraine directly opposite Coleraine Town Hall close to its junction with Queen Street. This is a sought after town centre position on The Diamond and benefits from high volumes of pedestrian traffic and is in close proximity to three of the towns main car parks. Neighbouring occupiers include Danske Bank and Ulster Bank branches.
This is a 3 storey B2 listed building which has been extended to the rear. The property provides a substantial ground floor which is fitted to a good standard and was previously used as a bank premises. The upper floors are accessed via a staircase providing office and ancillary accommodation on the uppers floors. The front accommodation on the first and second floors provides spacious cellular rooms benefitting from high ceilings.
There is a yard to the rear which also provides a number of car parking spaces which is accessed off The Mall.
Sold with vacant possession
An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - G210.
Contact Osborne King’s Auction Team.
The property maybe be suitable for a mixed use commercial and residential scheme subject to planning permission.
All figures quoted are exclusive of and may therefore be liable to VAT.
Please refer to vendor’s solicitor for Title Pack or download from the OK Auction website (www.osborneking.com/online-auctions).
Ground Floor (Former Bank Building)
Net Annual Value: £20,200
Estimated rates payable for 2024/2025: £11,826
Upper Floors
Net Annual Value: £10,000
Estimated rates payable for 2024/2025: £5,854
Please note listed buildings are exempt from rates whilst the property is vacant.
| 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|
| Ground Floor | 2,465 sq ft | (229 sqm) | ||
| First Floor | 1,679 sq ft | (156 sq m) | ||
| Second Floor | 818 sq ft | (76 sq m) | ||
| Total Area | 4,962 sq ft | (461 sq m) | ||
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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