Lot 10 - 128-130 Broughshane Street, Ballymena, County Antrim, BT43 6EE

  • Unconditional Online Auction Sale
  • Guide Price* : £120,000

Guide Price* : £120,000

Prominent building fronting onto Broughshane Street

  • Town centre Investment
  • Gross internal area 6,000 sq ft (558 sq m)
  • Detached building on self contained site

Location

Ballymena is a leading provincial town situated approximately 28 miles north of Belfast. The property is located on the busy Broughshane Street in the town centre which benefits from significant daily footfall and is in close proximity to Fairhill Shopping Centre. Neighbouring occupiers include The Co-operative, Marks and Spencer, Cameron’s department store and Open and Direct Insurance.

Description

The property comprises of a retail warehouse unit on a regularly shaped site with perimeter fencing. The property is of steel frame construction with block work walls finished externally with cladding. The unit is finished to include a mezzanine floor.

Externally, the site benefits from a concrete yard with provides parking & circulation space.

Accommodation

Ground Floor
4,000 sq ft (371 sq m)
Mezzanine
2,000 sq ft (186 sq m)

Site Area 0.17 acres (0.07 hectares)

Tenancy

The property is currently leased out with effect from March 2019 for a term of 3 years at a passing annual rent of £15,000 exc of VAT. Please note that the tenant has served their option to terminate the lease with effect from March 2021. We understand that this property is liable for VAT.

EPC

An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - C63

Land and Property Services Rates Assessment

Net Annual Value: £20,900
Rate in the £ for 2020/2021: £0.588186

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Security Deposit

£4,520

Buyer's Administration Fee

£1,200

Guide Price*

£120,000

Vendors Solicitor

Kerry Doran, Tughans, Marlborough House, 30 Victoria Street, Belfast BT1 3GG
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.