Lot 3

43-45 Frances Street

Newtownards, BT23 7DX

High Specification Office/Commercial Building c. 2,885 sq ft (268 sq m)

Guide Price*
£225,000
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Security Deposit

£5,000

Buyer's Administration Fee

£1,200

Vendors Solicitor

Melanie English, Moore McKay English, 31 Regent Street, Newtownards, BT23 4AD
028 9180 0888

Additional Documents

Related Documents

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Key features

  • Prominent Town Centre Commercial Property
  • Refurbished Office Building c. 2011
  • DDA compliant with lift

Description

A three storey over lower ground building comprising two former semi-detached buildings which have been inter-connected. The period properties are of traditional construction with feature rectangular bay windows, covered with a pitched slate roof and extended to the rear.

Internally the building has been extensively refurbished c. 2011 to a high specification with a lift servicing all floors, and a DDA compliant lift/ramp to rear servicing the lower ground. Finishes include raised floors, double glazing and LED lighting. The property provides external terrace balconies on the ground and first floors. There is a compact yard to the rear with pedestrian access off Castle Lane. There is ample public car parking to the rear off Kennel Lane.

Viewing

Contact Savills Auction Team.

Planning

Office Use

The property is situated within the Town Centre and settlement limit as laid out in Ards and Down Area Plan 2015 – Map No. 2/002a Newtownards.

The property is B2 listed.

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: £27,000
Estimated Rates Payable for 2026/2027: £16,455

Additional information

Accommodation

Net Internal Area - 2,885 sq ft (268 sq m)
Gross Internal Area - 3,771 sq ft (350 sq m)

Tenancy

Sold with the benefit of vacant possession

The property is located in the heart of Newtownards town centre, situated just 10 miles east of Belfast. The County Down market town has a population of 29,677 according to the 2021 census. The prominent building is located on the junction of Frances Street and Castle Place, adjacent to High Street and Conway Square. Neighbouring occupiers include Newtownards Baptist Church, Thompsons Solicitors and First Presbyterian Church.

An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - D80

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.