The property is located on the busy William Street in Lurgan, next to Wesley Place car park. Lurgan is a town in Co Armagh and is situated near the southern shore of Lough Neagh. It is located approximately 25 miles south west of Belfast and can be easily accessed via the M1 Motorway.
William Street forms part of the main route from Lurgan town centre to the M1 Motorway.
Surrounding occupiers include Spar, William Street Veterinary Clinic and Take 30 Fitness Centre. Lurgan Train Station is only a two minute walk away.
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Four Residential Properties Qualifying For Substantial Heritage Lottery Funding
Total site area - 0.30 acres
The property comprises four derelict buildings and a site to the rear which has access off North Street. The buildings are currently in disrepair allowing a developer the opportunity to fully redevelop this site.
The properties are arranged across ground, first and second floors and are of traditional construction.
We understand from Lurgan Townscape Heritage Scheme that there are substantial grants available for the redevelopment of these four properties.
We understand the grant aid could be as much as £750,000.
Planning Having carried out a planning online search we have been unable to identify any specific planning applications for the subject property in recent times.
We advise any prospective purchasers to make their own independent enquiries relating to planning permission.
This site offers the purchaser the opportunity to redevelop these properties with substantial grant aid assistance.
The rates valuation will be updated upon redevelopment.