Lot 03 - 9-11 Mount Crescent, Downpatrick, Co Down, BT30 6AU

  • Unconditional Online Auction Sale
  • Maximum Reserve : £75,000

Maximum Reserve: £75,000

Commercial building extending to approx 5,956 sq ft (553.38 sq m)

  • Substantial building on generous enclosed site
  • Refurbishment/development opportunity
  • 0.27 acre site area

Location

Downpatrick is located approximately 20 miles south east of Belfast, 10 miles south of Saintfield. Downpatrick also benefits from being linked to prime transport routes such as the A7 to Saintfield and the A25 to Newcastle.

The property is situated just north of the centre of Downpatrick on the corner of Mount Crescent and Gaol Lane and is opposite Down High Grammar School . English Street is linked to Mount Crescent via Gaol Lane. The surrounding area is a mixed in nature to include residential and commercial occupiers.

Description

The property comprises a two storey detached office building on a self contained secure site. The building itself is of traditional masonry construction under a flat roof.

Internally the building consists of a mix of open plan and cellular office accommodation, WC facilities, kitchen and storage rooms. The specification includes suspended ceilings, carpet covered concrete floors, double glazed windows whilst the property further benefits from oil fired central heating system.

Externally to the rear of the site there is a small storage facility and adjoining plant rooms (to include oil tank).

Accommodation

Net Internal Area 5,956 sq ft (553.38 sq m)

Total Land Area 0.27 acres

EPC

An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - C68.

Viewing

Contact Osborne King’s Auction Team.

Planning

As outlined in the Ards and Down Area Plan 2015 the property is not zoned for a particular use i.e. ‘white lands’ and is within the Town Centre zone of Downpatrick.

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: £40,100
Rate in the £ for 2023/2024: £0.551846
Advised estimated rates payable: £22,129.02

Accommodation

1 2 3 4 5
Ground Floor 3,181 sq ft (295.5 sq m)
First Floor 2,776 sq ft (257.88 sq m)
Total 5,957 sq ft (553.38 sq m)

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Security Deposit

£10,000

Buyer's Administration Fee

£720

Maximum Reserve

£75,000

Vendors Solicitor

Elizabeth McCartan, Principal Legal Officer, Departmental Solicitor's Office, 2nd Floor, Lanyon Plaza, 7 Lanyon Place, Belfast, BT1 3LP
028 9054 2501

Agreement Documents

Additional Documents

Related Documents

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