Lot 05 - 12 Newry Street, Kilkeel, Co Down, BT34 4DN

  • Unconditional Online Auction Sale
  • Guide Price* : £20,000

Guide Price* : £20,000

Town Centre Retail Unit

  • Self contained ground floor unit
  • Property extends to 275 sq ft (25.6 sq m)
  • Sold with the benefit of vacant possession

Location

The property is located on Newry Street in the centre of Kilkeel, County Down. Kilkeel is a small seaside town 18 miles east of Newry and 50 miles south of Belfast. The small town has a population of 6,541 (2011 Census). Local commercial occupiers include Hardys of Kilkeel, Kilkeel Credit Union and Shannon’s Home Furnishings.

Description

The property comprises a ground floor unit. The mid terrace unit fronts onto Newry Street providing a generous glass shop front and signage panel. Internally, the property is finished to include plastered/painted walls, wooden flooring, suspended ceiling with recessed lighting. The rear of the ground floor benefits from a small kitchenette and W/C.

Accommodation

Ground Floor (only) - 275 sq ft (25.6 sq m)

EPC

An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - C72

Planning

The unit may be suitable for other uses subject to the relevant statutory consents.

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: £2,600
Rate in the £ for 2022/2023: £0.522623

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Security Deposit

£4,520

Buyer's Administration Fee

£1,200

Guide Price*

£20,000

Vendors Solicitor

Katie Cooper, Cooper Wilkinson, Imperial Buildings, 38 Queen Elizabeth Road, Enniskillen, BT74 7BY
028 6632 2615

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.