Lot 13

32 Edward Street

Portadown, BT62 3NE

Town Centre Commercial Building

Guide Price*
£55,000
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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

  • Refurbishment Opportunity
  • Property suitable for conversion STPP
  • Close to High Street amenities

Description

This is a traditionally constructed two storey mid terrace building with attic. Internally the property provides a reception area, office with a kitchen to the rear and WC. The first floor provides a number of rooms with shower and WC facilities. The attic floor provides a single room with shower and WC facilities. Finishes throughout are are basic however the building benefits from double glazing and gas fired central heating. The building was previously used as a hostel and it will need re adapting for its new use.

Viewing

Contact Savills Auction Team.

Planning

Commercial

Land and Property Services Rates Assessment

Net Annual Value (Exempt currently): £4,600

Additional information

Accommodation

Ground, First & Attic

Tenancy

Sold with the benefit of vacant possession

The property is located in Portadown, Co Armagh Portadown. The town is based on the River Bann in the north of the county, 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 property is on Edward Street close to its junction with Portmore Street and a short walk from High Street which provides all the town centre amenities.

An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - C 65

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.

Accommodation

1 2 3 4 5
Ground Floor
Reception 4.27 x 3.77
Office 3.09 x 3.74
Kitchen 3.39 x 3.8
First Floor
Room 1 3.4 x 2.66
Shower/WCs 2.38 x 4.62
Second Floor
Room 2 3.84 x 3.51
Room 3 3.12 x 3.76
Room 4 2.43 x 3.76
Room 5 - Upper Floor 2.73 x 4.7