Lot 12 - 7 Broadway, Larne, Co Antrim, BT40 1LT

  • Unconditional Online Auction Sale
  • Guide Price* : £35,000

Guide Price* : £35,000

Town Centre Commercial Opportunity

  • Estimated rental value £7,500 per annum
  • Total Area 820 sq ft (76 sq m)
  • Sold With The Benefit of Vacant Possession

Location

Larne is a seaport and industrial town on the east coast of Co Antrim with a population of 18,705 (2011 census) and is linked to Belfast via the A8 and M2 motorway. The property is situated on Broadway near the front entrance to Murrayfield Shopping Centre and is accessed via Main Street. Neighbouring occupiers include Dunnes Stores, Winemark and Toale Bookmakers.

Description

The property comprises an end terrace ground floor self contained retail unit. Internally the unit is finished to a good standard to include suspended ceiling, laminate wooden flooring and plastered and painted walls. A workshop/store adjoins the premises to the rear of the shop with access into a communal service yard.

EPC

An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - G161

Viewing

Contact Osborne King’s Auction Team.

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 iOK Auction website (www.iokauction.com).

Land and Property Services Rates Assessment

Net Annual Value: £6,850
Rate in the £ for 2021/2022: £0.590326

Accommodation

1 2 3 4 5
Ground Floor Retail Unit 533 sq ft (49.51 sq m)
Workshop/Store 287 sq ft (26.68 sq m)
Total 820 sq ft (76.19 sq m)

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Security Deposit

£4,520

Buyer's Administration Fee

£1,200

Guide Price*

£35,000

Vendors Solicitor

Francis Rafferty, Rafferty & Donaghy Limited, Castleview, 2 Donaghmore Rd, Dungannon, BT70 1EZ
028 8772 7055

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.