Lot 11 - Sanda Road/Shore Road, Newtownabbey, County Antrim, BT37 9UD

  • Unconditional Online Auction Sale
  • Guide Price* : £175,000

Guide Price* : £175,000

Development opportunity (STPP)

  • Part income producing - £15,000 per annum
  • 2.28 acres (0.92 hectares) site with industrial units on part
  • Prominent site with substantial frontage onto Shore Road

Location

Newtownabbey is located 8 miles north of Belfast. The area is recognised as benefiting from excellent transport links and good access to both airports as well as the seaports of Larne and Belfast.

The property is located on the eastern side of Shore Road accessed via Sanda Road and has extensive frontage onto Shore Road. The property is in close proximity to Abbeycentre.

Description

The property comprises a brownfield development site fronting Shore Road and a number of industrial buildings. The site benefits from substantial frontage to Shore Road bounded to the north by an area of green open space, railway embankment to the east, industrial estate to the south and residential and commercial units to the west.

Tenancy

The property comprises the following occupiers:-

1. JP & LC Anderson (Block 1) - £8,400 per annum exc of vat.
2. Block 2 - Vacant
3. Clear Channel ( Advertising hoardings) - £3,960 + £2,640 per annum exc of vat.

EPC

The EPC's if appropriate will be provided within the Title Pack.

Planning

The site is zoned as a Major Area of Existing Employment/Industry in the Belfast Metropolitan Area Plan 2015.

VAT

We understand the property is liable for VAT.

Land and Property Services Rates Assessment

Net Annual Value (Hoardings) - £3,000
Net Annual Value (Block 1) - £25,860
Net Annual Value (Block 2) - £2,100

Rate in the pound for 2020 /2021 = £0.519426

Accommodation

1 2 3 4 5
Block 1 (Workshop/Offices/Warehouse) 18,273 sq ft 1,697 sq m
Block 2 (Warehouse) 1,655 sq ft 154 sq m
Total Gross Internal Area 19,928 sq ft 1,851 sq m)
Total Site Area 2.28 acres 0.92 hectares

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Security Deposit

£9,520

Buyer's Administration Fee

£1,200

Guide Price*

£175,000

Vendors Solicitor

Kerry Doran, Tughans, Marlborough House, 30 Victoria Street, Belfast BT1 3GG
028 9055 3300

Document Links

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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.