Lot 6 - 15 Downshire Road/Church View, Holywood, County Down, BT18 9LU

  • Unconditional Online Auction Sale
  • Guide Price* : £215,000

Guide Price* : £215,000

Prominent corner building

  • Net Internal Area 2,013 sqft (187 sqm)
  • Redevelopment Opportunity STPP
  • Sold With Vacant Possession

Location

Holywood is an affluent commuter town on the shores of Belfast Lough in Co Down approximately 5 miles north east of Belfast and 8 miles west of Bangor. The property is located on the junction of Downshire Road and Church View close to the High Street. The neighbouring area is primarily residential with some commercial users.

Description

This is a traditional constructed two storey properties covered with a number of pitched slate roofs. The property benefits from access onto both Downshire Road and Church View.

Internally the property has been fitted out as office accommodation and is fitted to a reasonable standard with offices over two levels off the reception area. The building is heated via oil fired central heating and benefits from a rear garden area.

Accommodation

Site Area
0.085 Acres (345 sq m)

EPC

An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - F147

Planning

The building has up until recently been used as offices. The property offers development potential with neighbouring developments in close proximity. The site is zoned within the development limit of the town centre and within an Area of Townscape Character. The site would therefore be suitable for a variety of uses, including residential subject to any necessary consent and approvals

VAT

All figures quoted are exclusive of and may therefore be liable to VAT.

Title

Please refer to vendor’s solicitor for Title Pack or download from the OK Auction website (www.osborneking.com/online-auctions).

Land and Property Services Rates Assessment

Net Annual Value: £20,600
Estimated Rates Payable: £12,101

Accommodation

1 2 3 4 5
Description Sq Ft Sq M
Ground Floor 1,265 117.5
First Floor 748 69.5
Total Net Internal Area 2,013 187

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Security Deposit

£10,000

Buyer's Administration Fee

£1,200

Guide Price*

£215,000

Vendors Solicitor

David McSpadden, McSpadden Law, 2nd Floor Imperial Buildings, 72 High Street, Belfast, BT1 2FB
028 9538 1027

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* 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.