The property is located on the busy William Street in Lurgan, next to Wesley Place car park. Lurgan is a town in Co Armagh and is situated near the southern shore of Lough Neagh. It is located approximately 25 miles south west of Belfast and can be easily accessed via the M1 Motorway. William Street forms part of the main route from Lurgan town centre to the M1 Motorway. Surrounding occupiers include Spar, William Street Veterinary Clinic and Take 30 Fitness Centre. Lurgan Train Station is only a two minute walk away.
The property comprises four derelict buildings and a site to the rear which has access off North Street. The buildings are currently in disrepair allowing a developer the opportunity to fully redevelop this site. The properties are arranged across ground, first and second floors and are of traditional construction.
We understand from Lurgan Townscape Heritage Scheme that there are substantial grants available for the redevelopment of these four properties. This opportunity may qualify for Substantial Heritage Lottery Funding
Total Site Area 0.3 acres (0.12 hectares)
We have carried out a planning online search and we have been unable to identify any specific planning applications for the subject properties in recent times. We advise any prospective purchasers to make their own independent enquiries relating to planning.
All figures quoted are exclusive of and may therefore be liable to VAT.
Please refer to vendor’s solicitor for Title Pack or download from the iOK Auction website (www.iokauction.com).
* 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.
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