Rathfriland is a market village located in the heart of Co Down within the Armagh, Banbridge & Craigavon District Area. The village is located approximately 33 miles (53 km) southwest of Belfast and 8 miles (13 km) southeast of Banbridge.
The property is located just off the village centre on Castle Street and it is adjacent to the local fire station. The surrounding area is a mix of commercial and residential.
The property comprises a single storey commercial building fronting Castle Street and to the rear of the site is the radio mast enclosure. The building to the front is of a traditional construction with a pitched galvansied roof. The dated buildings are of basic construction. The mast equipment is enclosed in a compound.
Gross Internal Area
274 sq m (2,954 sq ft)
Site Area
0.21 acres (0.085 hectares)
The rear part of the property is leased to the Northern Ireland Policing Board for a term of 15 years with effect from 2013 at an initial passing rent of £7,500 per annum exclusive. The lease is subject to 5 yearly reviews which are indexed linked. The front single storey warehouse building is vacant.
An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - G281
Net Annual Value: £3,700 (Warehouse/Stores)
Rate in the £ for 2018/2019: £0.589932
* 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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