Lot 1 - Development Opportunity 91 Holywood Road, Pomona Avenue, Belfast, County Antrim, BT4 3AL

  • Unconditional Online Auction Sale
  • Guide Price* : £140,000

Guide Price* : £140,000

Development Opportunity STPP

  • Former Car Park
  • 0.24 Acres
  • Sold With Vacant Possession

Location

The property is located on the junction of Holywood Road and Pomona Avenue close to the Holywood Arches in East Belfast. The property is located in a mixed use area with neighbouring medium density housing in close proximity to all amenities. Belfast City Centre is within 2 miles of the subject.

Description

The property comprises a fairly rectangular shaped site which was most recently used as a car park. The property is secure with a perimeter fencing and the surface is tarmaced and lined. It is accessed off Pomona Avenue.

Accommodation

Site Area 0.24 Acres

Tenancy

Sold With Vacant Possession

Planning

The development opportunity is located within Belfast City Development Limit and is not zoned for a particular use i.e. White Land as outlined in the BMAP 2015. Note the subject is located within an Area of Townscape Character.

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: £9,200 (car park)
Estimated Rates Payable: £5,764

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Security Deposit

£5,000

Buyer's Administration Fee

£1,200

Guide Price*

£140,000

Vendors Solicitor

Eamonn Ward, Tughans, The Ewart, 3 Bedford Street, Belfast, BT2 7EP
028 9055 3300

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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.