For Sale

4-8 Church Street, Ballynahinch, Down, BT24 8AF

Maximum Reserve

£150,000

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Investment

Auction information for this property

To be auctioned at Online Auction on

Location of 4-8 Church Street

Ballynahinch is a small town in County Down with a population of approx. 6,000 (2011 Census). It is 18 miles south of Belfast city centre and 12 miles south east of Lisburn city centre. The property is located on the periphery of the town square in Ballynahinch in an overall prominent position within the town centre.

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features

  • Lot 04
  • To be sold at the iOK Online Auction 14th October 2020 (iokauction.com)
  • Maximum Reserve : £150,000
  • Town centre mixed use investment
  • Part income producing
  • Includes liquor licence (currently trading)
  • Site Area: 0.24 acres

description

The substantial property is mid terrace with part extending over three levels and part extending over two levels. The property is of traditional brick/blockwork construction with the external walls rendered and painted and covered with a pitched roof overlaid in slate.

4 & 4A Church Street - comprises 2 no. ground floor retail units. Internally the units are finished to include plastered/papered walls, plastered ceiling with fluorescent strip lighting and laminate flooring. Both units benefit from roller shutters.

6A, 6B & 6C Church Street - comprising 3 no. apartments situated above. The apartments are all finished to a basic standard to include vinyl/ carpeted floor, plastered and papered/painted walls along with plastered and painted ceilings. The apartments are fitted with economy 7 heating and single glazing.

8 Church Street t/a Century Bar - traditional public bar on the ground floor with rear lounge bar. A further lounge/pool room is located on the first floor accessed via a timber staircase. Externally to the rear there is a beer garden.

To the rear is substantial parcel of overgrown land accessed via the archway.

Tenancy

The 3 no. flats are let out producing a gross rent of £11,180 per annum. The retail units and the trading public house are being sold with the benefit of vacant possession.

EPC

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

Commercial

4 Church Street - C61

4A Church Street - D76

8 Church Street - F138

Domestic

6A Church Street - F31

6B Church Street - F27

6C Church Street - F35

Planning

The property falls within the Town Centre Development Limit.

Accommodation

4 Church Street - Ground Floor - 450 sq ft(42 sq m)
4A Church Street - Ground Floor - 405 sq ft(38 sq m)
6A Church Street - First Floor (1 Bedroom) - 381 sq ft (35 sq m)
6B Church Street - First & Second Floors (2 Bedrooms)- 607 sq ft(56 sq m)
6C Church Street - Second Floor (1 Bedroom) - 507 sq ft (47 sq m)
8 Church Street - Public House - Ground & First Floors - 1,072 sq ft (100 sq m)
Site Area - 0.24 acres (0.1 hectares)

Property Costs

  • Status: For Sale
  • Maximum Reserve£150,000

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in association withUlster Bank
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