Lot 12

2 Severn Court

Belfast, BT4 1GX

Compact office building suitable for residential (STPP)

Guide Price*
£75,000
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Security Deposit

£5,000

Buyer's Administration Fee

£1,200

Vendors Solicitor

Kirsty Mairs, DWF (Northern Ireland) LLP, 42 Queen Street, Belfast, BT1 6HL
028 9027 0088

Agreement Documents

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Key features

  • Conversion/refurbishment opportunity STPP
  • Lapsed planning for 2 no 1 bed apartments
  • Building extends to 1,099 sq ft

Description

The end terrace property is a two-storey red brick traditionally constructed building covered with a pitched roof. Internally the building is finished to a good standard and provides two offices and a kitchen on the ground floor and four cellular offices on the first floor. The building benefits from gas fired central heating.

Viewing

Contact Savills Auction Team.

Planning

The property previously benefited from planning permission for change of use from offices to residential accommodation. 2 no. one bed apartments with elevation changes. Please refer to planning reference LA04/2019/2125/F.

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 Savills website (niauctions.savills.ie).

Land and Property Services Rates Assessment

Net Annual Value: £6,450
Rate in the £ for 2025/2026: £4,041

Additional information

Accommodation

1,099 sq ft (102 sq m)

Tenancy

Sold with the benefit of vacant possession.

The subject property is located in East Belfast approximately 2 miles from Belfast City Centre. The property is located off Severn Street in Severn Court close to its junction with Dee Street.
The immediate area is primarily residential housing with some sporadic commercial occupiers. The area is well connected with frequent bus routes in and out of the city with easy access to local amenities on the Newtownards Road.

An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - B48.

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.