Sale Agreed

Derrygavad Road, Portadown, Craigavon, County Armagh, BT62 1ND

Offers in Excess of

£180,000

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Image 1 of 6 Derrygavad Road, Craigavon, County Armagh
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Location of Derrygavad Road

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Former School with Development Potential


For Sale By Private Treaty

The sale of this former Primary school site, offers a significant development opportunity, as it lies within the Annaghmore Settlement limit.

Location

Annaghmore is a small Hamlet, situated approx. 7 miles from Portadown and 9 miles from Armagh, convenient to the M1 Motorway. The site of this former school premises, fronts the Annaghmore Road/Derrygavad road, a short distance from the junction of Teagy Road.

 

Description.

The property being offered for sale comprises a potential development site of approx. 1.4 acres  ( area to be confirmed ). There is a former school building on site , which is now in a semi derelict condition.   This building has been unoccupied for some years and is in poor order. Any prospective purchaser will be responsible for any costs associated with demolition if required and also any other costs arising such as asbestos removal. There is asbestos within the former school building. The property enjoys the benefit of extensive frontage to Annaghmore road ( Derrygavad Rd) .

 

Directions

From M1 ,take Junction 13 exit , and follow signs for Annaghmore . At the crossroads in the village, take right in to Derrygavad  road , and site is a short distance on left hand side . The property  is approx. 2.5 miles from M1

 

Development Potential.

We understand that the site is  within the Annaghmore Settlement limit as currently defined.  Prospective purchasers should make their own pre purchase enquiries, in relation to the suitability of the site for redevelopment. No warranties or undertakings are available, and the property is being offered for sale unconditionally, in its current condition. All buyers should seek appropriate professional advice.

 

Guide Price

Offers over £180,000

 

Purchasers details

We will require full details from any prospective purchasers or bidders , to include proof of funds and appropriate ID

 

Initial Closing Date for offers

Thursday 9th June 2022 ( the selling agents reserve the right to amend of adjust this closing date as required, and may continue to take bids in whatever fashion is deemed appropriate by them at their discretion)

 

Viewings

Strictly by appointment only ,and no person has permision or authority to enter the site without being accompanied . This is an overgrown site on which hazards may exist ,hence accompanied viewers should proceed with caution and  wear appropriate footwear when attending accompanied viewings.

Property Costs

  • Status: Sale Agreed
  • Offers in Excess of £180,000
  • RatesNot Provided
  • Stamp Duty: £1,100*

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

Housing Tenure

  • Type of Tenure: Not Provided

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