Lot 14

23 Main Street

Belleek, BT93 3FY

Mixed use refurbishment opportunity

Guide Price*
£140,000
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Security Deposit

£5,000

Buyer's Administration Fee

£1,200

Vendors Solicitor

Paul Haughey, JJ Haughey Solicitors, 19 College Street, Armagh, BT61 9BT
028 37523493

Agreement Documents

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Key features

  • Offers good rental potential once works completed
  • Recently upgraded commercial unit and upper floors in part
  • Busy village with little vacancy

Description

This is an end terrace three storey building which has been extensively extended to the rear. The property comprises 4 no units to include the following. A self contained ground floor commercial unit which is finished to a good standard with electric heating and double glazing. Above this unit there is a large residential accommodation over first and second floors. Some refurbishment works have been undertaken to the upper floors. The upper floors benefit from their own door access from Main Street. To the rear and accessed from the side of the building are a further 2 no terrace houses. Both houses are in need of modernisation.

Viewing

Contact Savills Auction Team.

Planning

Mixed use property

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: £3,850
Estimated rates payable; £2,172
Capital Value: £50,000
Estimated rates payable: £484

Additional information

Accommodation

Total - 2,451 sq ft (228 sq m)

Tenancy

Sold with the benefit of vacant possession

The property is situated in the border village of Belleek, Co Fermanagh. While the greater part of the village lies within County Fermanagh, part of it crosses the border and the River Erne into County Donegal. It had a population of 904 people in the 2011 Census, and is situated within Fermanagh and Omagh district, around 4 miles east of Ballyshannon and 25 miles north west of Enniskillen.

The property is ideally located in the centre of the village benefiting from good footfall and easy access to local amenities.

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

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
Commercial Unit - Ground Floor 674 sq ft 62.65 sq m
Apartment - First Floor 498 sq ft 46.00 sq m
Second Floor 646 sq ft 60.00 sq m
House 1 Ground Floor 325 sq ft 30.00 sq m
First Floor 275 sq ft 25.50 sq m
House 2 Unable to access