Lot 06 - 27 Rydalmere Street, Belfast, County Antrim, BT12 6GF

  • Unconditional Online Auction Sale
  • Guide Price* : £125,000

Guide Price* : £125,000

Warehouse/Development Opportunity

  • Total Gross Internal Area 1,052 sq m (11,324 sq ft)
  • Site Area (Approximate) 0.2 acres
  • Sold subject to vacant possession

Location

Rydalmere Street is situated south of Belfast city centre. Belfast had a population of 333,871 in the 2011 census. The city benefits from excellent transport connections including two airports. The property is situated on the junction between Rydalmere Street and Lemberg Street, in close proximity to the M1 motorway and approximately 1.6 miles from the city centre.

Description

The premises comprise two distinct elements, the workshop is enclosed with masonry walls to approximately 2.1 m and there after profile metal sheeting which is both lined and insulated. The property benefits from a vehicular entrance from Empire Street and a pedestrian entrance from Lemberg Street.

The second element is a two storey office block with frontage onto Rydalmere Street. Both the ground and first floors provide office and ancillary accommodation including toilets, staff room etc.

EPC

An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - E103.

Planning

The site is situated within the development limit of Belfast under the Belfast Metropolitan Area Plan 2015 and is zoned for no specific use, making it suitable for a range of potential uses subject to the necessary statutory approvals.

VAT

All figures quoted are exclusive of and may therefore be liable to VAT.

Land and Property Services Rates Assessment

Net Annual Value: £26,700
Rate in the £ for 2018/2019: £0.602803

Accommodation

1 2 3 4 5
Ground floor
Warehouse 567 sq m (6,104 sq ft)
Loading Bay 38 sq m (407 sq ft)
Office/Ancillary Block 91 sq m (975 sq ft)
Mezzanine
Above loading bay 47 sq m (503 sq ft)
Along Lemberg Street frontage 113 sq m (1220 sq ft)
First floor
Office/Ancillary block 142 sq m (1,531 sq ft)
Total gross internal area 1,052 sq m (11,324 sq ft)

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Security Deposit

£3,800

Buyer's Administration Fee

£1,200

Guide Price*

£125,000

Vendors Solicitor

James Wilson, King & Gowdy Solicitors, 298 Upper Newtownards Road, Belfast, BT4 3EJ
028 9065 9511

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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.