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> Selling a Property
> Buying a Property
Lot 10
Bangor, BT20 5DH
Fully Let to Northern Ireland Housing Executive
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The property comprises a two storey traditionally constructed office building covered by a pitched roof. The building is finished with red brick and first floor is externally clad with tiles. There is a pedestrian public access off Alfred Street. Internally the building is fitted to a modern office standard with plastered and painted walls with suspended ceilings. The building benefits from roller shutters, oil fired heating and double glazing. The ground floor is a cellular layout with a public office to the front. The first floor comprises a mainly open plan area with some office and filing office areas.
The building benefits from a car park to the rear accessed off Beatrice Road.
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Office
VAT is not applicable to this property.
Please download the Title Pack directly from the Savills Auction platform and any additional legal queries can be referred to the vendor’s solicitor.
Net Annual Value: £37,700
Rates Payable for 2025/2026: £22,146
The entire property is let to Northern Ireland Housing Executive. The tenant are overholding on a lease which expired in March 2021 however they have been in occupation of the building since 1986.
The property is located in Bangor Co Down on the southern side of Belfast Lough. It is within the Belfast metropolitan area and is 13 miles (22 km) east of Belfast which it is linked by the A2 road and the Belfast–Bangor railway line. The population was 64,596 at the 2021 census. Bangor was granted city status in 2022.
The property is centrally located off High Street in the heart of the town centre and is close to all amenities. Alfred Street and Beatrice Road are largely terrace residential housing.
An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - F133
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 | 208 sq m | 2,239 | ||
| First Floor | 275 sq m | 2,960 | ||
| Total Net | 483 sq m | 5,199 sqft |
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.
