For sale
1-5 Mill Street, Gilford, Craigavon, BT63 6HQ
Retail
Price £40,000
Property Overview
Status
For Sale
Style
Retail
Property Financials
Price
£40,000
Additional Information
Additional Information
- Three contiguous commercial units ready for redevelopment (subject to the usual statutory approvals)
- Located in a high profile position at the top of Mill Street and adjacent to the busy Banbridge Road roundabout
- May be suitable for various uses, subject to planning
- Currently no commercial rates liability
- Public car park situated to the rear of the property
- For sale by Shooter Property Services via the iamsold Bidding Platform. Please note this property will be offered by online auction (unless sold prior). For auction date and time please visit iamsoldni.com
Redevelopment Opportunity in a Highly Prominent Gilford Location
On offer for sale is a prominent lot of three contiguous commercial units ready for redevelopment (subject to the usual statutory approvals). Located in a high profile position at the top of Mill Street and adjacent to the busy Banbridge Road roundabout the property benefits from a central location and may be suitable for various uses, subject to planning.
- No. 1
- Ground floor 181 sq. ft.
- No. 3
- Ground Floor 936 sq. ft.
- No. 5
- Ground floor 320 sq. ft. First floor 205 sq. ft.
- Commercial Rates
- No commercial rates currently payable on entire property, due to vacant rates relief on NAVs less than £2,000 No. 1 NAV £1,800 No. 3 NAV £1,950 No. 5 NAV £1,700
- Vendor's Solicitor
- John McBurney 5 Church Square, Banbridge BT32 4AS
- Auction Sale
- For sale by Shooter Property Services via the iamsold Bidding Platform Please note this property will be offered by online auction (unless sold prior). For auction date and time please visit iamsoldni.com. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment. Auctioneers Comments: This property is for sale under Traditional Auction terms. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold. With this auction method, an immediate exchange of contracts takes place with completion of the purchase required to take place within 28 days from the date of exchange of contracts. The buyer is also required to make a payment of a non-refundable, part payment 10% Contract Deposit to a minimum of £6,000.00. In addition to their Contract Deposit, the Buyer must pay an Administration Fee to the Auctioneer of 1.80% of the final agreed sale price including VAT, subject to a minimum of £2,400.00 including VAT for conducting the auction. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. Terms and conditions apply to the traditional auction method and you are required to check the Buyer Information Pack for any special terms and conditions associated with this lot. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
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