Description

Balloo Village is a small residential village situated on the A22, approximately 16

kilometres from Newtownards and 23 kilometres from Belfast. The village is

developed at a bridging point on the River Blackwater and the crossroads, which links

Balloo to Downpatrick, Saintfield, Whiterock, Ardmillan and Comber.

The village provides a commercial element to include Balloo House Restaurant and

Bar, post office, Spar convenience store and a petrol filling station.

The property occupies a prominent location within Balloo Village and is set on a

substantial site including a large tarmac forecourt to the front with sizeable side and

rear gardens. This traditional red brick building, which was built in c. 1922, was

previously occupied by Northern Bank with part ground and first floor comprising the

former living accommodation which is accessed via a separate entrance from the bank.

The majority of the ground floor comprises the Banking Hall, Managers Office, strong

room and staff room. We have been advised that the strong room will remain,

however the banks internal interlocking access doors will be removed. Finishes

include:-

• Carpet and vinyl flooring

• Plastered and papered walls

• Suspended ceilings

• Recessed fluorescent strip lighting

• Upvc double glazing

The residential accommodation includes a kitchen, utility room, 2 reception rooms, 5

bedrooms and a separate WC and bathroom.

Banking Hall : 68.47 sq.m. 737 sq.ft.

Manager’s Office : 13.10 sq.m. 141 sq.ft.

Work Space : 18.02 sq.m. 194 sq.ft.

Strong Room / Book Room : 15.70 sq.m. 169 sq.ft.

Staff Room : 5.57 sq.m. 60 sq.ft.

Living Accommodation : 48.87 sq.m. 526 sq.ft.

Living Accommodation : 92.16 sq.m. 992 sq.ft.

Offers in excess of £400,000 exclusive.

The site extends to approximately c. 0.61 acres (c. 2,493 sq.m.). An ordnance survey

map is attached for identification purposes only.

We have been advised by Land and Property Services as follows: -

The NAV for the ground floor commercial element of the property is £5,650. The

current rate in the £ 2008/2009 is £0.5047.

Therefore estimated rates payable are £2,851.55.

The Domestic Capital Value for the 1st floor residential element of the property is

£92,500.

Therefore the estimated rates payable are £564.34 Prospective purchasers are

advised to make their own enquiries.

Title information is available upon request. Alternatively title can be inspected at: -

Johnsons Solicitors

Johnson House

50/56 Wellington Place

Belfast BT1 6GF

Tel: 02890 240183

Contact: Gareth Liddy

All figures quoted are exclusive of,

but may be liable to VAT.

Gavin Clarke / Michael McCafferty

Osborne King

The Metro Building

6-9 Donegall Square South

Belfast

BT1 5JA

Tel: 028 9027 0000

Fax: 028 9027 0011

E-mail: gavin.clarke@osborneking.com

michael.mccafferty@osborneking.com

Location of Property

Balloo Village is a small residential village situated on the A22, approximately 16 kilometres from Newtownards and 23 kilometres from Belfast. The village is developed at a bridging point on the River Blackwater and the crossroads, which links Balloo to Downpatrick, Saintfield, Whiterock, Ardmillan and Comber. The village provides a commercial element to include Balloo House Restaurant and Bar, post office, Spar convenience store and a petrol filling station.

Osborne King

www.osborneking.com

Agent Contact Details

• The Metro Building
• 6-9 Donegall Square South
• Belfast
• Co. Antrim

• Tel: 028 90 270000
• Email the Agent

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