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> Selling a Property
> Buying a Property
Lot 8
Coleraine, BT52 1LB
Prominent Commercial Building
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This is primarily a 3 storey mid terrace property providing a large open plan ground floor unit and two upper floors. The extensive property generally is finished to a good standard with tiled flooring and suspended ceilings with inset lighting on the ground floor. The upper floor also comprises an open plan format with suspended ceiling and wooden flooring. The second floor provides former offices and staff facilities.
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Commericial
All figures quoted are exclusive of and may therefore be liable to VAT.
Please refer to vendor’s solicitor for Title Pack or download from the Savills Auction website .
Net Annual Value: £48,600
Estimated Rates Payable 2025/2026: £29,400
Sold With The Benefit of Vacant Possession
Coleraine is one of Northern Ireland’s leading provincial towns located in the north west of the Province, situated 56 miles north of Belfast and 30 miles east of Derry City. Coleraine provides the main commercial and retail facilities for the surrounding towns of Ballymoney, Portrush, Portstewart, Bushmills and the Causeway Coast Region.
The property is situated on the south side of Kingsgate Street which adjoins Church Street in the centre of Coleraine's retail district. The area benefits from high volumes of pedestrian traffic and is in close proximity to the towns main car parks.
An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - E112
If no EPC rating appears please refer to the legal pack.
•Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.
•The reserve price is the minimum price at which the property can be sold.
•Both the guide price and reserve price may be subject to change up to and including the day of the auction.
•For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.
Please note that all prices listed, whether prior to or post auction, are subject to contract.
The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.
The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.
| 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|
| Ground Floor | 4,104 sq ft | (381 sq m) | ||
| First Floor | 4,324 sq ft | (402 sq m) | ||
| Second Floor | 548 sq ft | (51 sq m) | ||
| Attic | 227 sq ft | (21 sq m) | ||
| Total Area | 9,203 sq ft | (855 sq m) | ||
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
