Menu
> Auction calendar
> Selling a Property
> Buying a Property
Menu
> Auction calendar
> Selling a Property
> Buying a Property
Lot 16
Craigavon, BT62 1HY
Prominent former bank building
Submit an enquiry and someone will be in contact shortly.
This is a traditionally constructed end terrace three storey commercial building providing a ground floor former bank premises with office accommodation on the upper floors. The ground floor is in need of refurbishment however the two upper floors are fitted to a modern specification with suspended floors and ceilings. The upper floors are accessed via staircase and lift.
Contact Savills Auction Team
Commericial
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.
We understand from the LPS website of the following for the year 2025 / 26:
Net Annual Value: £26,300
Rates Payable 2025/26: £16,042
Sold with the benefit of vacant possession.
The prominent property is centrally located in Portadown’s central business district. The Co Armagh town is based on the River Bann about 24 miles southwest of Belfast. It is in the Armagh City, Banbridge and Craigavon Borough Council area and had a population of about 32,000 at the 2021 Census. The neighbouring area is a mix of local and corporate occupiers to include Greggs, Boots, Specsavers and Sports Direct.
The property is located on High Street at its junction with Woodhouse Street.
An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - 75C
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 |
|---|---|---|---|---|
| Description | Sq ft | Sq m | ||
| Ground Floor | 2,009 sq ft | 186.66 sq m | ||
| First Floor | 2,263 sq ft | 210.20 sq m | ||
| Second Floor | 2,070 sq ft | 192.32 sq m | ||
| Total | 6,342 sq ft | 589.20 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.
