CPS are delighted to bring to the sale market this substantial two-storey mid-terrace commercial premises based on North Street, Lurgan.  This property is currently vacant and used for storage; however previously occupied by a hairdresser, restaurant, bar, and two apartments.  This premises would suit an owner occupier or an investor alike; subject to statutory planning approvals.

LOCATION

The commercial premises are situated at 9 North Street, Lurgan and is accessed just off the A76 Roundabout junction of Market Street, Church Place, and Edward Street.  The premises is surrounded by predominately commercial property and has high volumes of vehicular and pedestrian passing trade. 

DESCRIPTION

9 North Street, Lurgan is a two-storey mixed use premises circa 3,391 Sqft and comprises three commercial units on the ground floor and two apartments on the first floor.  The property features a rear yard area with development potential. 

Please note; this property has been subject to grant funding from the Townscape Heritage and Historical Lottery Fund to refurbish and develop; which may be an attractive incentive to any potential buyer.  Details available upon request

GUIDE PRICE

We have been instructed to seek a guide price of £290,000 (Two Hundred & Ninety Thousand Pounds)

RATES

As per the LPS website this property has rates as detailed below:

• Ground Floor Unit B - NAV of £10,000.  The rates payable for 2023/24 is £5,636.45
• Ground Floor Unit C - NAV of £2,600.  The rates payable for 2023/24 is £1,465.48
• Ground Floor Unit D - NAV of £2,350.  The rates payable for 2023/24 is £1,324.57
• First Floor Apt A - CRV of £45,000.  The rates payable for 2023/24 is £434.97
• First Floor Apt B - CRV of £45,000.  The rates payable for 2023/24 is £434.97

VIEWING INFO

For further information or if you wish to arrange a viewing, please contact our commercial team on 028 95 622 188 or commercials@cps-property.com