For Sale

22-24 Market Square, Lisburn, BT28 1AG

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Location of 22-24 Market Square

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  • features
  • description

features

  • Substantial city centre premises extending to approximately 5,131 sqft (477 sqm) with significant frontage of approximately 19m (62 ft) onto Market Sq
  • Occupying a site area of approximately 0.26 acres (0.104 ha), with the benefit of vehicular access from Wardsborough Road.
  • Suitable for a variety of uses or redevelopment, subject to planning.

description

Location

Lisburn City is situated approximately 10 miles southwest of Belfast and is the third largest city in Northern Ireland. With a district population of c. 135,000 persons (2011 Census), it is strategically located just off just off the M1 motorway which along with its excellent rail links, ensures its popularity as a commuter hub whilst it also benefits from a strong manufacturing and warehouse/distribution sector.



The subject property is situated on the pedestrianised part of Market Square at the upper end of Bow Street which together form the traditional city centre core. The rail station and numerous public carparks are also with a few minutes walk. Occupiers in the locality include The Irish Linen Museum, Smyth Patterson Department Store, River Island, Greens Food Fare and Jeffers Home Bakery.



Description

The subject property comprises a substantial mid-terrace, two-storey building of traditional construction, with a pitched slate roof and a brick & painted render two-storey (plus basement) flat roofed rear return. The front elevation is clad in cut stone with timber panelling, whilst there is a partially glazed recessed shopfront. An enclosed pedestrian entry from Market Square leads to a large rear carpark which is laid in tarmac and provides parking for c. 17 cars. Vehicular access is via Wardsborough Road.

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Internally the ground floor is arranged to provide an open plan former banking hall/office area with a strong room, private office, store rooms, staff kitchen and WCs. Access to the basement store is via the rear storeroom, whilst the stairwell to the first floor is situated at the front of the building and benefits from separate external access from Market Square.



The first floor is arranged in part to provide a modern open plan office, private office and boardroom to the front, whilst the remainder of the first floor leading to the rear provides a number of rooms in need of modernisation and which had previously been used as a dental practice.



Internal fit out includes:



- Plastered & painted walls.

- Tiled, carpeted & vinyl floor coverings.

- Part plastered, part suspended ceilings.

- Range of recessed and surface mounted fluorescent strip and spot lighting.

- Oil fired central heating.

- Partial air-conditioning.



Accommodation

The premises provides the following approximate net internal areas:



Basement: 172.22 sqft (16.00 sqm)

Ground Floor: 2,575.93 sqft (239.31 sqm)

First Floor: 2,382.83 sqft (221.37 sqm)

Total: 5,130.98 sqft (476.68 sqm)



*WCs reflected



The property occupies a site area of approximately 0.26 acres (0.104 ha).



Title

We are advised that the property is Freehold.



NAV

We have been advised by Land & Property Services that the Net Annual Value is £51,300 resulting in rates payable of approximately £25,938 for the year 2021/22, based on Rate in £ of 0.505616.



Price

Offers in the region of £325,000 exclusive, subject to contract.



VAT

We are advised that the property is not elected for VAT.

Property Costs

  • Status: For Sale
  • From£325,000
  • Stamp Duty: £0*

* Stamp duty rates provided as a guide only. Additional charges may apply. Please refer to the tax service's website for more information.

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