3 - 5 Market Street, Lurgan, Armagh, BT66

Features of this property

• Prime Town Centre
• Re-Development Opportunity

Property Description

 Location & Description

The subject property occupies a prime position on Market Street with nearby occupiers including Bank of Ireland, Ulster Bank, First Trust Bank, Gordons Chemist, Superdrug and numerous local businesses an professional practices.

The property comprises a partially cleared site at No. 3 Market Street and a former commercial premises at No. 5 Market Street, which provides a mix of office and storage accommodation with former residential accommodation on the upper floors.

The property benefits from planning consent for the reconstruction of No. 3 Market Street to include repairs to the front elevation of No. 5 and the widening of the central archway to provide access to the rear.  Further details are provided below.

The property is situated within the Lurgan Town ‘Area of Townscape Character’ and No. 3 market Street benefits from planning consent for demolition within a conservation area (Ref: N/2008/07724/DCA).

It also benefits from planning consent for the proposed reconstruction of No. 3 market Street to include retail at ground

floor and office space on the first and second floors, as well as repairs to the front elevation of No. 5 market Street

to include a new shop front and 

Accommodation

Full details are available in the attached brochure.

Planning

The property is situated within the Lurgan Town ‘Area of Townscape Character’ and No. 3 market Street benefits from planning consent for demolition within a conservation area (Ref: N/2008/07724/DCA).

It also benefits from planning consent for the proposed reconstruction of No. 3 market Street to include retail at groundfloor and office space on the first and second floors, as well as repairs to the front elevation of No. 5 market Street to include a new shop front and widening of the access archway.

This consent was granted on 27 January 2009 (Ref: N/2008/0777/F).  It is a condition of this planning permission that the redevelopment must have commenced before the expiration of two years from the date of said permission. 

Further details and plans are available, on request, to genuinely interested parties. 

Sales Details

Price: Offers in the region £250,000

Title: It is assumed that the property is held freehold / long leasehold subject to a nominal ground rent and free from any onerous or restrictive covenants.

VAT

All prices, outgoings etc quoted are exclusive of, but may be subject to vat.

Further details can be obtained from Agents:

Iain McCabe   Email:     iain.mccabe@okt.co.uk

Location of 3 - 5 Market Street, Lurgan