Lot 16 - 18 Church Street, Downpatrick, County Down, BT30 6EJ

  • Unconditional Online Auction Sale
  • Guide Price* : £25,000

Guide Price* : £25,000

Mid terrace three storey building

  • Property extends to 137 sq m (1,480 sq ft)
  • Suitable for a mixed use subject to planning permission
  • Prominently located in town

Location

Downpatrick is a busy market town in Co Down situated approximately 21 miles (34 kms) south of Belfast via the A7 and A24. The property is prominently located on Church Street just off the town centre.

Description

The property comprises a three storey mid terrace building of traditional construction covered with a pitched slate roof to the front and a single storey return to the rear. The ground floor comprises a retail unit with kitchen and WC facilities to the rear. The upper floors provide stores and some living accommodation. The property will require some refurbishment and modernisation works prior to occupation.

EPC

An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - G234.

VAT

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

Land and Property Services Rates Assessment

Net Annual Value: £3,050
Rate in the £ for 2018/2019: £0.571768

Accommodation

1 2 3 4 5
Approximate gross internal areas
Ground floor 78 sq m (842 sq ft)
First floor 24 sq m (255 sq ft)
Second floor 21 sq m (231 sq ft)
Attic room 14 sq m (152 sq ft)
Total 137 sq m 1,480 sq ft

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Security Deposit

£3,800

Buyer's Administration Fee

£1,200

Guide Price*

£25,000

Vendors Solicitor

Jennifer Matthews, TLT NI LLP, Montgomery House, 29-33 Montgomery Street, Belfast, BT1 4NX
0333 006 0600

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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.