Friday 24 June 2016 11am at the Olympic Suite, Clayton Hotel, Ormeau Avenue, Belfast BT2 8HS
PROPERTIES GOING UNDER THE HAMMER OSBORNE KING PROPERTY AUCTION PROPERTY AUCTION 24 JUNE 2016 PROPERTY AUCTION
OSBORNE KING RANKED 6TH IN THE UK TOP COMMERCIAL AUCTIONEERS IN 2015
INSTINCTIVE EXCELLENCE IN PROPERTY WWW.OSBORNEKING.COM/AUCTION OSBORNE KING DOES NOT CHARGE A BUYER’S PREMIUM OR ADMINISTRATION FEE AUCTION VENUE / CONTACTS
A SALE OF COMMERCIAL, RESIDENTIAL PROPERTIES, INVESTMENTS, LAND AND DEVELOPMENT OPPORTUNITIES (UNLESS PREVIOUSLY SOLD OR WITHDRAWN) ON BEHALF OF OUR CLIENTS: RECEIVERS, ADMINISTRATORS, MORTGAGEES, FINANCIAL INSTITUTIONS, PRIVATE CLIENTS AND OTHER. The Auction will take place on Friday 24 June 2016, at 11am at the Olympic Suite, Clayton Hotel, Ormeau Avenue, Belfast BT2 8HS
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KEY CONTACTS AUCTION ENQUIRIES For all enquiries about any of the properties within the catalogue, bidding at auction or to submit a property for our next auction please contact any of the Auction Team.
Mark Carron MRICS Thomas Osborne MRICS Lisa Anderson Auctioneer Auctioneer Auction Co-ordinator Telephone 028 9027 0016 Telephone 028 9027 0036 Telephone 028 9027 0041 Telephone 028 9027 0000 Mobile 07980 999149 Mobile 07425 622928 Email [email protected] www.osborneking.com/auction Email [email protected] Email [email protected]
NEXT AUCTION: 25 NOVEMBER 2016
2 WHY OSBORNE KING? OSBORNE KING IS ONE OF THE TOP UK AUCTION HOUSES
WHY CHOOSE SALE BY AUCTION? — Provide efficient and cost — Allow the property to be effective method of sale to comprehensively market a captive audience; tested and sold in a transparent forum; — Provide a legally binding, unconditional contract and a — Allow for the best price 10% non-refundable deposit to be reasonably paid on the day; obtained in the market;
OSBORNE KING Osborne King is Northern Ireland’s largest independent PLACED 6TH IN THE and longest established firm of commercial property UK TOP COMMERCIAL consultants. We work closely with an extensive and diverse AUCTIONEERS IN 2015 range of clients to identify, develop and deliver property Osborne King, Northern Ireland’s largest solutions tailored to their specific needs. Clients are offered independent property consultancy, has been ranked 6th in the UK’s listing of UK a full range of property services that include: Top Commercial Auctioneers for 2015 according to figures released recently SECTOR CONTACT EMAIL by the Essential Information Group (EIG). It is the only independent Northern Irish property consultancy to feature Auction Mark Carron [email protected] on a list dominated largely by London-based companies. Consultancy Paul Henry [email protected]
The company has been actively involved Development Land – Thomas Osborne [email protected] in auctions since 2011 and has enjoyed Commercial and Residential an overall success rate of 93% since then Energy Performance Certification Sean O’Neill [email protected] compared to the UK average success rate and Health & Safety Compliance of 77%. Its last auction, which was held in March 2016, achieved a 100% success Industrial Chris Sweeney [email protected] rate and featured lots ranging from residential and commercial premises to Investment Gavin Clarke [email protected] agricultural and development land across the province and the border counties. Licensed Premises Mark Carron [email protected] On the day, sale prices comfortably Office Richard McCaig [email protected] exceeded their maximum reserve prices in a significant number of cases and Professional Services /Valuation Martin McDowell [email protected] raised approximately £2.5 million. Robert Watson [email protected] David McClure [email protected] Mark Carron, head of Osborne King’s auction team, commented, “There is Property and Damian Conwell [email protected] no doubt in my mind that confidence Asset Management is growing steadily within the property market. We have a large number of Rating Robert Watson [email protected] repeat buyers and bidders at our Restructuring Enforcement Paul Henry [email protected] auctions, however, we are also and Insolvency noticing the emergence of new buyers who have not engaged Retail Gareth Howell [email protected] with the auction process until now. “ 3 WHY AUCTION? Osborne King’s auctions demonstrate that sales can be achieved even in a challenging market which is borne out in our 96% success rate over fifteen auctions since 2011. In addition auctions:
– Provide an efficient and cost effectivemethod of sale to a captive audience; – Provide a legally binding, unconditional Contract and a 10% non-refundable deposit paid on the day; – Allow the property to be comprehensively market-tested and sold in a transparent forum; – Allow for the best price to be reasonably obtained in the market.
AVERAGE SALE PRICE PROPERTY SECTOR 1% 1% In the current market, sale prices are providing purchasers The chart below outlines the 2% with very attractive investment / owner-occupier opportunities. type of property offered 4% Following the sale of 515 out of the 537 lots offered, 76.7% of and sold by Osborne King. 7% lots sold for less than £100k, 19% between £100k - £250k, The most popular property 25% 3.3% between £250k - £400k 0.4% between £400k - £500k sector being offered for 17% and 0.6% over £500k. sale is vacant residential property and residential development land closely followed by 76.7% 19% 3.3% vacant commercial. 18% 25% BETWEEN BETWEEN BETWEEN £0-£100k £100k- £250k £250k- £400k
RESIDENTIAL RESIDENTIAL COMMERCIAL 0.4% 0.6% VACANT INVESTMENT DEVELOPMENT LAND RESIDENTIAL COMMERCIAL LEISURE PUB BETWEEN + DEVELOPMENT LAND INVESTMENT HOTEL £400k- £500k £500k COMMERCIAL AGRICULTURAL MIXED USE VACANT LAND INVESTMENT
Source: OK May 2016 Source: OK May 2016
SUCCESS RATE CLIENTS/ VENDORS 4% SEPTEMBER 2011 - MARCH 2016 The majority of auction clients MORTGAGEE continue to emanate from 6% ADMINISTRATOR 1% primarily receivers and OTHER corporate clients with 96% 16% approximately one in PRIVATE SOLD six instructions coming 4% from private clients. 24% UNSOLD CORPORATE
48% RECEIVER Source: OK May 2016 Source: OK May 2016
4 IMPORTANT AUCTION INFORMATION FOR PURCHASERS
IF YOU INTEND TO PURCHASE COMPANIES MUST PROVIDE A PROPERTY ON THE DAY OF THE FOLLOWING: THE AUCTION PLEASE NOTE The bidder must provide proof of name and address THE FOLLOWING: (see private purchaser) and additionally the company must provide both of the following: — You should arrive in good time to register and listen to the Auctioneers announcements. The auction — Evidence that the bidder has the authority to commences at 11am sharp. represent the company
— You should ask staff for a copy of any Addendum — Certificate of Incorporation for the chosen company as this will detail any changes relating to the properties.
— You should direct any questions to a member of the Auction Team or the vendors solicitor prior to the commencement of the auction. No questions DEPOSIT will be answered during the sale. Immediately after the fall of the gavel the purchaser will — You should be aware that when the gavel falls and be required to pay a purchaser’s deposit of 10% of the you are the successful bidder that you are under agreed purchase price subject to a minimum deposit an unconditional binding contract to purchase of £5,000. Payments can be made as follows: the property. — Cheque — You should make yourself available to go the vendor’s — Bank draft solicitors desk to sign the unconditional contract — Debit Card (£25 charge to pay by this method) and you will be required to pay the deposit. Please note that cash or credit card payments will not be accepted.
PLEASE NOTE A PRIVATE PURCHASER TITLE/LEGAL PACK SHOULD BE ABLE TO PROVIDE (AVAILABLE ONLINE) THE FOLLOWING: The vendors solicitor prepares the Title/Legal Pack — Proof of Identity: Driving Licence with Photograph for each of the lots listed. Once Osborne King receive or Valid Passport the information then an interested party is then able to download the pack from our website as follows: — Proof of Address: Valid Driving Licence or current www.osborneking.com/auction. Once you register Utility Bill or current Bank /Building Society Statement against a particluar lot you will then receive automatic email notifications of any additions/amendments to Photocopies will be taken of these documents the Title/Legal Pack. and will be retained to comply with money laundering regulations.
5 LOT ORDER
LOT NO. ADDRESS **MAX RESERVE
1 5A Ardenlee Street, Belfast, Co Antrim, BT6 8QJ £75,000
2 Lands adjacent to 157 Old Ballynahinch Road, Lisburn, Co Down, BT27 6TL £20,000
3 Development Opportunity adjacent to 32 Lisnahall Road, Cookstown, Co Tyrone, BT71 5NB £5,000
4 35 Castle Street, Ballycastle, Co Antrim, BT54 6AS £46,000
5 Lands Adjacent to 4 Foremass Road, Sixmilecross, Co Tyrone, BT79 9EE £30,000
6 Development Opportunity at Flying Horse Road, Downpatrick, Co Down, BT30 6GP £195,000
7 52 Salisbury Avenue, Belfast, Co Antrim, BT15 5EA £185,000
8 254-256 Frosses Road, Cloughmills, Co Antrim, BT44 9NF £50,000
9 Agricultural Lands at Ballinakillew Mountain, Drumgun, Co Donegal £30,000
10 151 Urney Road, Clady, Co Tyrone, BT82 9RP £75,000
11 Development opportunity to the rear of 29-31 Union Street, Cookstown, Co Tyrone, BT80 8NN £40,000
12 25 Wolfe Tone Place, Letterkenny, Co Donegal £40,000
13 Lands at Corduff, Carrickmacross, Co Monaghan £30,000
14 Site at Dunnyboe Road, Donemana, Co Tyrone, BT82 0RE £20,000
15 Lands at Letterkenny Road, Stranorlar, Co Donegal £30,000
16 Unit 3, Dargan Industrial Park, 60-84 Dargan Crescent, Belfast, Co Antrim, BT3 9JP £65,000
17 Development Opportunity at 136 Middle Road, Saintfield, Co Down, BT24 7LS £40,000
18 136 Corkey Road, Loughgiel, Co Antrim, BT44 9JQ £30,000
19 10 Derry Road, Strabane, Co Londonderry, BT82 8DT £30,000
20 258 Berryhill Road, Donemana, Co Tyrone, BT82 0NB £40,000
21 11 Thomas Street and 12 Edward Street, Portadown, Co Armagh, BT62 1HR £125,000 - £150,000
22 Site at Milltown Road, Antrim, Co Antrim, BT41 4UW £60,000
23 Development Opportunity 2-4 Marine Road, Carnlough, Co Antrim, BT44 0HE £80,000
24 Development Opportunity adjacent to 7 New Road, Orritor, Cookstown, Co Tyrone BT80 9LG £10,000
25 Development Opportunity at Muntober Road, Orritor, Cookstown, Co Tyrone BT80 9LW £10,000
26 66 Nedd Road, Derrylin, Co Fermanagh, BT92 9NG £160,000
27 Lands at 114 Corratistuner Road, Drummulley, Derrylin, Co Fermanagh, BT92 9EA £35,000
28 222 Newtownards Road, Belfast, Co Antrim, BT4 1HB £45,000
29 1 The Brambles, Kilkeel, Co Down, BT34 4FH £60,000
** The maximum reserve price is the lowest price that the vendor/our client is willing to accept for the property. Please note on the day of the auction the reserve price for each property will be set at a figure which is either lower than, or the same as the reserve published on our website and catalogue. The final reserve price is not disclosed and is between the vendor and their agent/auctioneer, however, it will not exceed the published figure. LOT 1 5A ARDENLEE STREET, BELFAST, CO ANTRIM, BT6 8QJ
LOCATION COMMERCIAL WORKSHOP EPC OPPORTUNITY The property is located on Ardenlee Street which is between the Cregagh Road and An Energy Performance Certificate (EPC) will Ravenhill Road. Belfast city centre is within 2 be available as part of the legal pack. EPC - BUILDING EXTENDS TO 318 SQ M miles (3.2 km). The surrounding area is F132. (3,425 SQ FT) primarily residential housing. LAND & PROPERTY SERVICES RATES IDEAL BUY-TO-LET OR OWNER DESCRIPTION ASSESSMENT (ADVISED) OCCUPIER OPPORTUNITY The commercial unit comprises a traditionally Net Annual Value: £9,650 constructed property of block walls with a Rate in the pound for 2016/2017: £0.5826 SOLD WITH THE BENEFIT OF metal clad profile roof. The unit is accessed via a single door and an electric roller shutter. VAT VACANT POSSESSION There is also an access point along the side All figures quoted are exclusive of and may elevation. therefore be liable to VAT.
Internally the property comprises a number of TITLE cellular offices over ground and first floors FOLIO MAP Please refer to vendor’s solicitor for Title Pack fitted to a good basic standard. The main or download from the Osborne King website ground floor area is a large workshop (www.osborneking.com/auction). accommodation of basic construction comprising concrete covered floor, painted walls and suspended ceiling. Over this area is VIEWING a mezzanine storage area accessed via a Contact Osborne King’s Auction Team. wooden staircase. The units benefits from oil fired central heating. MAXIMUM RESERVE ACCOMMODATION £75,000 Workshop 1,849 sq ft 172 sq m Offices 885 sq ft 82 sq m Mezzanine Storage 691 sq ft 64 sq m
LOCATION MAP
The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the Cleaver Fulton Rankin Patricia Cronin Important Notices and Conditions of Sale. All areas 50 Bedford Street T: 028 9027 1314 indicated are approximate and therefore cannot be relied upon. Belfast BT2 7FW E: [email protected]
OSBORNE KING AUCTION TEAM: 028 9027 0000 7 1 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 2 LANDS ADJACENT TO 157 OLD BALLYNAHINCH ROAD, LISBURN, CO DOWN, BT27 6TL
AGRICULTURAL LANDS LOCATION The lands are located on the Old Ballynahinch EPC LAND AREA 2.9 ACRES (1.2 Road close to Bailiesmills in Co Down, An Energy Performance Certificate (EPC) is approximately 6 miles (10 km) south east of not required. HECTARES) Lisburn and 5 miles (8 km) north west of Ballynahinch. The surrounding area is VAT SUITABLE FOR characterised by mainly agricultural lands and All figures quoted are exclusive of and may GRAZING/CUTTING low density residential housing. The location therefore be liable to VAT. benefits from its proximity to local amenities LOCATED NEAR LISBURN, provided in the surrouding towns and villages TITLE BALLYNAHINCH AND to include Carryduff, Annahilt, Hillsborough Please refer to vendor’s solicitor for Title Pack and Saintfield. or download from the Osborne King website CARRYDUFF (www.osborneking.com/auction). DESCRIPTION The lands comprise approximately 2.9 acres VIEWING (1.2 hectares) of good quality farmland in two Contact Osborne King’s Auction Team. FOLIO MAP fields with excellent road frontage. The lands have a gently sloping topography and are currently laid in grass suitable for grazing or MAXIMUM RESERVE cutting purposes. £20,000 ACCOMMODATION
Land Area 2.9 acres (1.2 hectares)
LOCATION MAP
The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the King & Gowdy Solicitors Stephen Gowdy Important Notices and Conditions of Sale. All areas 298 Upper Newtownards Road T: 028 9065 9511 indicated are approximate and therefore cannot be relied upon. Belfast BT4 3EJ E: [email protected]
8 OSBORNE KING AUCTION TEAM: 028 9027 0000 2 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 3 DEVELOPMENT OPPORTUNITY ADJACENT TO 32 LISNAHALL ROAD, COOKSTOWN, CO TYRONE, BT71 5NB
LOCATION RESIDENTIAL DEVELOPMENT EPC OPPORTUNITY The lands are located on the Lisnahall Road just off the B160 Coagh Road, which lies An Energy Performance Certificate (EPC) is nearby the Ballinderry River. The subject is not required. SITE AREA 0.41 ACRES (0.16 located in a rural setting approximately 3 HECTARES) miles (5km) west of the village of Coagh and VAT approximately 5 miles (8km) east of All figures quoted are exclusive of and may PREVIOUS PLANNING Cookstown. The surrounding land use is therefore be liable to VAT. PERMISSION FOR A SINGLE predominantly agricultural lands with some low density residential housing and lies TITLE DWELLING HOUSE directly adjacent to a small commercial yard. Please refer to vendor’s solicitor for Title Pack or download from the Osborne King website LOCATED IN A RURAL SETTING DESCRIPTION (www.osborneking.com/auction). The subject comprises a triangular shaped parcel of land of fairly level topography. The VIEWING land is currently laid out in grass in an Contact Osborne King’s Auction Team. FOLIO MAP overgrown state with some hardcore rubble on site. We understand some foundations have been laid on the land. MAXIMUM RESERVE ACCOMMODATION £5,000
Site Area 0.41 acres (0.16 hectares)
PLANNING We understand the lands previously benefited from planning permission for a single dwelling and garage under Planning Ref: I/2007/0698/F. We recommend all interested parties to make their own independent enquiries relating to this opportunity.
LOCATION MAP
The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the Diamond Heron Solicitors Gillian Ritchie Important Notices and Conditions of Sale. All areas Diamond House T: 028 9024 3726 indicated are approximate and therefore cannot be relied upon. 7-19 Royal Avenue E: [email protected] Belfast BT1 1FB
OSBORNE KING AUCTION TEAM: 028 9027 0000 9 3 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 4 35 CASTLE STREET, BALLYCASTLE, CO ANTRIM, BT54 6AS
RETAIL INVESTMENT LOCATION The investment is located on Castle Street, EPC CURRENT GROSS INCOME which leads onto the Diamond, in the heart of An Energy Performance Certificate (EPC) will Ballycastle town. The town is located on the be available as part of the legal pack. EPC - £7,500 PER ANNUM north eastern most coastal tip of Northern D94. Ireland in Co Antrim approximately 56 miles IDEAL INVESTOR OPPORTUNITY (90km) north of Belfast and 26 miles (42km) LAND & PROPERTY SERVICES RATES from Ballymena. ASSESSMENT (ADVISED) SOLD SUBJECT TO EXISTING Net Annual Value: £6,500 TENANCY DESCRIPTION Rate in the pound for 2016/2017: £0.56878 The property comprises a modern self- contained ground floor retail investment. VAT Internally the property is sub-divided to All figures quoted are exclusive of and may provide a main retail area with three offices, therefore be liable to VAT. stores, kitchen area and WCs located to the rear. Additionally, the property is fitted to a TITLE good standard to include carpeted floors, OFFICE Please refer to vendor’s solicitor for Title Pack plastered and painted walls with suspended or download from the Osborne King website ceilings and recessed fluorescent strip (www.osborneking.com/auction). lighting. ACCOMMODATION TENANCY The tenant has been trading from the unit for Shop Frontage 3.2 m (10' 6") a number of years and is let on a 12 month Net Internal Area 101 sq m (1,087 sq ft) rolling Lease at £7,500 per annum.
VIEWING Contact Osborne King’s Auction Team.
MAXIMUM RESERVE £46,000
LOCATION MAP
The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the Cleaver Fulton Rankin Jeanette Donohoe Important Notices and Conditions of Sale. All areas 50 Bedford Street T: 028 9024 3141 indicated are approximate and therefore cannot be relied upon. Belfast BT2 7FW E: [email protected]
10 OSBORNE KING AUCTION TEAM: 028 9027 0000 4 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 5 LANDS ADJACENT TO 4 FOREMASS ROAD, SIXMILECROSS, CO TYRONE, BT79 9EE
AGRICULTURAL LANDS LOCATION The lands are located in a rural setting on the EPC LAND AREA 12.4 ACRES (5 Foremass Road approximately 2 miles (3km) An Energy Performance Certificate (EPC) is south of Sixmilecross village and not required. HECTARES) approximately 17 miles (27km) west of Dungannon. The surrounding land use is VAT SUITABLE FOR GRAZING predominantly agricultural with some low All figures quoted are exclusive of and may density residential housing. therefore be liable to VAT. RURAL LOCATION CLOSE TO SIXMILECROSS DESCRIPTION TITLE The lands comprise approximately 12.4 acres Please refer to vendor’s solicitor for Title Pack (5 hectares) of farmland currently in one or download from the Osborne King website parcel split into a number of fields. The lands (www.osborneking.com/auction). are fairly regular in shape with a sloping topography and are currently laid out in grass. VIEWING The land benefits from approximately 100 m Contact Osborne King’s Auction Team. FOLIO MAP of road frontage onto the Foremass Road and would be well suited for livestock grazing. MAXIMUM RESERVE ACCOMMODATION £30,000 Land Area 12.4 acres (5 hectares)
LOCATION MAP
The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the Diamond Heron Solicitors Gillian Ritchie Important Notices and Conditions of Sale. All areas Diamond House T: 028 9024 3726 indicated are approximate and therefore cannot be relied upon. 7-19 Royal Avenue E: [email protected] Belfast BT1 1FB
OSBORNE KING AUCTION TEAM: 028 9027 0000 11 5 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 6 DEVELOPMENT OPPORTUNITY AT FLYING HORSE ROAD, DOWNPATRICK, CO DOWN, BT30 6GP
LOCATION RESIDENTIAL DEVELOPMENT EPC OPPORTUNITY The site is located on the Flying Horse Road at its junction with the Cloonagh Road An Energy Performance Certificate (EPC) is approximately 1.5 miles (2.4km) south of not required. SITE AREA 2.34 ACRES (1 Downpatrick town centre. The surrounding HECTARE) area comprises primarily of medium density VAT housing with some commercial and All figures quoted are exclusive of and may PLANNING PERMISSION recreational users nearby and the newly therefore be liable to VAT. PREVIOUSLY PASSED FOR 48 constructed Downe Hospital within easy walking distance. Downpatrick is within the TITLE UNITS Newry, Mourne & Down District and had a Please refer to vendor’s solicitor for Title Pack population of 10,737 in the 2011 Census. or download from the Osborne King website EXCELLENT ROAD FRONTAGE (www.osborneking.com/auction). DESCRIPTION The site comprises a triangular shaped plot VIEWING with a sloping topography away from the main Contact Osborne King’s Auction Team. INDICATIVE BOUNDARY MAP road. The site benefits from good road frontage of c. 607 ft (185 m). We understand some pile foundations have been formed on MAXIMUM RESERVE the land. £195,000 ACCOMMODATION
Site Area 2.34 acres (1 hectare)
PLANNING We understand the site had planning permission granted in November 2009 for a development comprising 48 no. dwellings (Planning Ref: R/2007/1326/F). We would recommend all interested parties make their own independent enquiries relating to this opportunity.
LOCATION MAP
The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the Arthur Cox Corrina Cassidy Important Notices and Conditions of Sale. All areas Victoria House T: 028 9023 0007 indicated are approximate and therefore cannot be relied upon. Gloucester Street E: [email protected] Belfast BT1 4LS
12 OSBORNE KING AUCTION TEAM: 028 9027 0000 6 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 7 52 SALISBURY AVENUE, BELFAST, CO ANTRIM, BT15 5EA
LOCATION RESIDENTIAL INVESTMENT EPC OPPORTUNITY - FULLY LET The property is located on Salisbury Avenue a good residential location just off the Antrim An Energy Performance Certificate (EPC) will Road approximately 3 miles (5km) north of be available as part of the legal pack. EPC - FOUR NO. ONE AND TWO Belfast city centre. The surrounding area D66/E51/C69/D55. BEDROOM APARTMENTS comprises mainly of medium density housing and benefits from close proximity to the LAND & PROPERTY SERVICES RATES CURRENT GROSS INCOME Antrim Road providing a wealth of shops and ASSESSMENT (ADVISED) £21,300 PER ANNUM local amenities. Capital Value: £50,000, £55,000, £65,000 and £70,000 DESCRIPTION Rates payable for 2016/2017: £1,740 SOLD SUBJECT TO EXISTING The property comprises a two-storey property TENANCIES of traditional construction with rendered VAT blockwork and a pitched roof covered in All figures quoted are exclusive of and may slates. Internally the property provides four therefore be liable to VAT. self-contained apartments. Two are one- KITCHEN (GF APARTMENT 2) bedroom located on the ground floor and two TITLE are two-bedroom apartments on the first floor. Please refer to vendor’s solicitor for Title Pack Each apartment is also fitted to include a or download from the Osborne King website kitchen/diner as well as shower room and a (www.osborneking.com/auction). small store. The property is fitted internally to a modern standard with plastered and painted walls and ceilings, a range of floor coverings TENANCY and light fixtures as well as double glazed The entire property is currently occupied at a uPVC windows and benefits from gas fired rent of circa £21,300 per annum. central heating. ACCOMMODATION VIEWING Contact Osborne King’s Auction Team. Ground Floor: 2 no. 1 bedroom apartments First Floor: MAXIMUM RESERVE 2 no. 2 bedroom apartments £185,000
LOCATION MAP
The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the Mills Selig Fiona McFall Important Notices and Conditions of Sale. All areas 21 Arthur Street T: 028 9024 3878 indicated are approximate and therefore cannot be relied upon. Belfast BT1 4GA E: [email protected]
OSBORNE KING AUCTION TEAM: 028 9027 0000 13 7 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 8 254-256 FROSSES ROAD, CLOUGHMILLS, CO ANTRIM, BT44 9NF
LOCATION PROMINENT COMMERCIAL EPC REDEVELOPMENT OPPORTUNITY The site is located off the main A26 Frosses Road in close proximity to Logans of An Energy Performance Certificate (EPC) is Cloughmills. The property is located not required. SITE AREA 1.79 ACRES (0.72 approximately 40 miles (64 km) north east of HECTARES) Belfast and 10 miles (16 km) north of VAT Ballymena. The site benefits from a high All figures quoted are exclusive of and may PLANNING PERMISSION FOR volume of passing traffic and good visibility therefore be liable to VAT. from the main road. SUBSTANTIAL DEVELOPMENT TITLE VERY VISIBLE SITE OFF MAIN DESCRIPTION Please refer to vendor’s solicitor for Title Pack The opportunity comprises a former petrol or download from the Osborne King website A26 filling station and public bar / restaurant on an (www.osborneking.com/auction). extensive site of 1.79 acres. VIEWING ACCOMMODATION Contact Osborne King’s Auction Team. FOLIO MAP Site Area 1.79 acres (0.72 hectares) MAXIMUM RESERVE PLANNING £50,000 We understand the site benefits from planning permission for redevelopment to include a filling station, shop and a two-storey building to provide a Public House, off licence, restaurant and 10 no. bedrooms. Planning ref: D/2012/0061/0 which was a renewal of previous application D/2007/0326/0.
LOCATION MAP
The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the Carson McDowell LLP Claire McCloskey Important Notices and Conditions of Sale. All areas Murray House T: 028 9024 4951 indicated are approximate and therefore cannot be relied upon. Murray Street E: [email protected] Belfast BT1 6DN
14 OSBORNE KING AUCTION TEAM: 028 9027 0000 8 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 9 AGRICULTURAL LANDS AT BALLINAKILLEW MOUNTAIN, DRUMGUN, CO DONEGAL
AGRICULTURAL LANDS LOCATION The subject lands are located in an area EPC LAND AREA 27 ACRES (11 known as Drumgun in the townland of An Energy Performance Certificate (EPC) is Ballynakillew Mountain in Donegal accessed not required. HECTARES) via the main R232 Pettigo to Laghy Road. The lands are positioned on both sides of this road VAT SUITABLE GRAZING LAND approximately 4 miles (7 km) south of the All figures quoted are exclusive of and may village of Laghy and 8 miles (14 km) northwest therefore be liable to VAT. SET IN A RURAL LOCATION IN CO of the village of Pettigo. The lands are DONEGAL surrounded by agricultural lands with some TITLE single residential dwellings nearby. Please refer to vendor’s solicitor for Title Pack or download from the Osborne King website DESCRIPTION (www.osborneking.com/auction). The lands comprise approximately 27 acres (11 hectares) of farmland that lie both sides of VIEWING a public road. Currently the lands are split into Contact Osborne King’s Auction Team. INDICATIVE BOUNDARY MAP a number of parcels with grazing areas and forestry. MAXIMUM RESERVE ACCOMMODATION £30,000 Land Area 27 acres (11 hectares)
LOCATION MAP
The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the Babington and Croasdaile Tom Wylie Important Notices and Conditions of Sale. All areas 9 Limavady Road T: 028 7131 0600 indicated are approximate and therefore cannot be relied upon. Derry BT47 6JU E: [email protected]
OSBORNE KING AUCTION TEAM: 028 9027 0000 15 9 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 10 151 URNEY ROAD, CLADY, CO TYRONE, BT82 9RP
COMMERCIAL OPPORTUNITY LOCATION Clady is a small village in Co Tyrone located EPC TOTAL AREA 326 SQ M (3,505 SQ approximately 4 miles (6.4 km) south west of An Energy Performance Certificate (EPC) will Strabane and 9 miles (14.5 km) north west of be available as part of the legal pack. EPC - FT) Newtownstewart. The village provides a range D88. of local amenities and is located beside the POTENTIAL GROSS INCOME border with Co Donegal. The property is LAND & PROPERTY SERVICES RATES £5,200 PER ANNUM centrally located on the Urney Road, the main ASSESSMENT (ADVISED) thoroughfare in the village. Net Annual Value: £TBC VILLAGE CENTRE LOCATION Rate in the pound for 2016/2017: £TBC DESCRIPTION The property comprises a two storey VAT commercial premises of traditional All figures quoted are exclusive of and may construction with pitched roof covered with therefore be liable to VAT. slate which was previously occupied as a convenience store. A separate self-contained TITLE unit is located to the rear and we understand FOLIO MAP Please refer to vendor’s solicitor for Title Pack was previously used as a hairdressers/ or download from the Osborne King website beauticians. The property benefits from good (www.osborneking.com/auction). road frontage with a concrete covered yard to the side and rear. VIEWING ACCOMMODATION Contact Osborne King’s Auction Team.
Ground Floor 132.91 sq m (1,430 sq ft) First Floor 99.04 sq m (1,066 sq ft) MAXIMUM RESERVE Rear Building 93.78 sq m (1,009 sq ft) £75,000
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The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the Robert G Sinclair Solicitors David McCormick Important Notices and Conditions of Sale. All areas Sinclair House T: 028 9023 1770 indicated are approximate and therefore cannot be relied upon. 23 Bedford Street E: [email protected] Belfast BT2 7EJ
16 OSBORNE KING AUCTION TEAM: 028 9027 0000 10 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 11 DEVELOPMENT OPPORTUNITY TO THE REAR OF 29-31 UNION STREET, COOKSTOWN, CO TYRONE, BT80 8NN
LOCATION RESIDENTIAL/COMMERCIAL EPC DEVELOPMENT OPPORTUNITY The corner property is located just off Union Street in the centre of Cookstown and An Energy Performance Certificate (EPC) is adjacent to Union Place car park. Union not required. SITE EXTENDS TO 0.1 ACRES Street runs parallel to William Street and is (0.04 HECTARES) accessed via the Old Coagh Road or VAT Molesworth Street. The surrounding area is All figures quoted are exclusive of and may PLANNING PREVIOUSLY FOR primarily housing, however, William Street is therefore be liable to VAT. within walking distance via Union Place. OFFICE DEVELOPMENT TITLE TOWN CENTRE LOCATION DESCRIPTION Please refer to vendor’s solicitor for Title Pack The development opportunity currently or download from the Osborne King website comprises an overgrown area to the front and (www.osborneking.com/auction). the remainder of the site contains a two storey derelict building with a pitched roof. The site VIEWING is currently accessed via an archway off Union Contact Osborne King’s Auction Team. FOLIO MAP Street. ACCOMMODATION MAXIMUM RESERVE Site Area £40,000 0.1 acres (0.04 hectares)
PLANNING The site previously had planning permission for the development of office space. Please refer to Application No: I/2007/0783/F, which was approved on 22 April 2011.
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The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the C & H Jefferson Solicitors James Morrison Important Notices and Conditions of Sale. All areas Jefferson House T: 028 9023 0230 indicated are approximate and therefore cannot be relied upon. 42 Queen Street E: [email protected] Belfast BT1 6HL
OSBORNE KING AUCTION TEAM: 028 9027 0000 17 11 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 12 25 WOLFE TONE PLACE, LETTERKENNY, CO DONEGAL
LOCATION TWO STOREY THREE BEDROOM BER END TOWNHOUSE The property is located on Wolf Tone Place just off the Circulation Road approximately 0.5 A Building Energy Rating (BER) will be miles (1km) to the west of Letterkenny town available as part of the legal pack. BER - E2. IDEAL BUY-TO-LET OR OWNER centre. The surrounding area is predominantly OCCUPIER OPPORTUNITY medium density residential housing. The VAT Letterkenny General Hospital is also located All figures quoted are exclusive of and may POTENTIAL GROSS INCOME within walking distance. therefore be liable to VAT. £5,000 PER ANNUM DESCRIPTION TITLE SOLD WITH THE BENEFIT OF The property comprises a two storey three Please refer to vendor’s solicitor for Title Pack bedroom end terrace townhouse of traditional or download from the Osborne King website VACANT POSSESSION construction with plastered and painted (www.osborneking.com/auction). exterior walls and a pitched roof covered with concrete tiles. A small single storey flat roof VIEWING side extension has been added. The ground Contact Osborne King’s Auction Team. KITCHEN floor provides reception, bedroom and a kitchen diner while the first floor provides two further bedrooms and a shower room. The MAXIMUM RESERVE property benefits from double glazed uPVC windows and oil fired central heating. To the £40,000 rear of the property is a store as well as a small garden area with ample on site parking to the front. ACCOMMODATION
Ground Floor Reception 3.95mx3.93m (12'11"x12'10") Bedroom 1 3.02mx1.83m (9'11"x6'1") Kitchen 3.19mx3.57m (10'6"x11'9") First Floor Bedroom 2 3.12mx3.06m (10'3"x10'0") Bedroom 3 2.72mx3.99m (8'11"x13'1") Shower Room 1.82mx1.50m (5'11"x4'11") LOCATION MAP
The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the Babington and Croasdaile Tom Wylie Important Notices and Conditions of Sale. All areas 9 Limavady Road T: 028 7131 0600 indicated are approximate and therefore cannot be relied upon. Derry BT47 6JU E: [email protected]
18 OSBORNE KING AUCTION TEAM: 028 9027 0000 12 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 13 LANDS AT CORDUFF, CARRICKMACROSS, CO MONAGHAN
LOCATION AGRICULTURAL LANDS EPC SUITABLE FOR HOUSE (STPP) The lands are located in Corduff, Co Monaghan approximately 5 miles (8km) An Energy Performance Certificate (EPC) is northwest of Carrickmacross and 14 miles not required. LAND AREA 5 ACRES (2 (22km) southwest of Crossmaglen, Co HECTARES) Armagh. The land is located close to the local VAT St Patrick's School and St Michael's Church. All figures quoted are exclusive of and may CONTAINED WITHIN ONE PARCEL therefore be liable to VAT. DESCRIPTION LOCATED IN RURAL SETTING IN The lands comprise approximately 5 acres (2 TITLE CORDUFF, CO MONAGHAN hectares) of good quality farmland which is Please refer to vendor’s solicitor for Title Pack fairly regular in shape and of gently sloping or download from the Osborne King website topography. The land is split into two fields (www.osborneking.com/auction). and are currently laid out as grass pasture which would be suitable for grazing or cutting VIEWING purposes. Additionally the the lands may be Contact Osborne King’s Auction Team. INDICATIVE BOUNDARY MAP suitable for residential development subject to planning permission. MAXIMUM RESERVE ACCOMMODATION £30,000 Land area 5 acres (2 hectares)
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The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the C & H Jefferson Solicitors John Palmer Important Notices and Conditions of Sale. All areas Jefferson House T: 028 9023 0230 indicated are approximate and therefore cannot be relied upon. 42 Queen Street E: [email protected] Belfast BT1 6HL
OSBORNE KING AUCTION TEAM: 028 9027 0000 OSBORNE KING AUCTION TEAM: 028 9027 000019 13 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 14 SITE AT DUNNYBOE ROAD, DONEMANA, CO TYRONE, BT82 0RE
LOCATION RESIDENTIAL DEVELOPMENT EPC OPPORTUNITY FOR SINGLE The development opportunity is located in a rural setting on the Dunnyboe Road An Energy Performance Certificate (EPC) is DWELLING approximately 3.8 miles (6km) south of the not required. village of Donemana and 10 miles (16km) west SITE AREA 0.2 ACRES (0.08 of Strabane. The surrounding area is mostly VAT HECTARES) agricultural lands with some residential All figures quoted are exclusive of and may dwellings nearby. The Altishane Primary therefore be liable to VAT. School is within walking distance. RURAL SETTING CLOSE TO TITLE DONEMANA DESCRIPTION Please refer to vendor’s solicitor for Title Pack The development opportunity comprises a or download from the Osborne King website FOUNDATIONS HAVE BEEN fairly square site of level topography on (www.osborneking.com/auction). FORMED approximately 0.2 acres (0.08 hectares). Foundations have been formed and VIEWING completed to sub floor level for a single Contact Osborne King’s Auction Team. FOLIO MAP detached dwelling and foundations laid for a detached garage. MAXIMUM RESERVE ACCOMMODATION £20,000 Site area 0.2 acres (0.08 hectares)
PLANNING We understand the lands benefit from planning permission for a two storey detached dwelling and detached garage under Planning Ref: J/2008/0426/RM. We recommend all interested parties to make their own independent planning enquiries in this regard.
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The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the Logan & Corry Solicitors Eamonn Corry Important Notices and Conditions of Sale. All areas Church House T: 028 8225 0400 indicated are approximate and therefore cannot be relied upon. 24 Dublin Road E: [email protected] Omagh BT78 1HE
20 OSBORNE KING AUCTION TEAM: 028 9027 0000 14 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 15 LANDS AT LETTERKENNY ROAD, STRANORLAR, CO DONEGAL
LOCATION RESIDENTIAL DEVELOPMENT EPC OPPORTUNITY The lands are located on the main N13 Letterkenny Road approximately 0.6 miles An Energy Performance Certificate (EPC) is (1km) from Stranorlar town centre. The lands not required. SITE AREA 3.8 ACRES (1.5 are located just off the main road looking onto HECTARES) Lough Alaan. The surrounding land use is VAT predominantly medium density residential All figures quoted are exclusive of and may PREVIOUS PLANNING housing and agricultural lands. therefore be liable to VAT. PERMISSION FOR RESIDENTIAL DESCRIPTION TITLE DEVELOPMENT The development opportunity comprises Please refer to vendor’s solicitor for Title Pack lands of approximately 3.8 acres (1.5 or download from the Osborne King website LOCATED OUTSIDE STRANORLAR hectares) on an irregular shaped site of fairly (www.osborneking.com/auction). TOWN CENTRE level topography. The lands are currently laid out as a brown field site slightly overgrown VIEWING and also included is an unfinished dwelling Contact Osborne King’s Auction Team. INDICATIVE BOUNDARY MAP house. ACCOMMODATION MAXIMUM RESERVE Site Area £30,000 3.8 acres (1.5 hectares)
PLANNING We understand the lands previously formed part of a residential development scheme containing 38 no. units under Planning Application No: 04/9302 Donegal County Council. We understand the lands are located within the Ballybofey Development Limit under The County Donegal Development Plan 2012 - 2018 and are currently zoned as mixed use and general development. We advise interested parties to make their own independent planning enquiries relating to this LOCATION MAP opportunity.
The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the Babington and Croasdaile Tom Wylie Important Notices and Conditions of Sale. All areas 9 Limavady Road T: 028 7131 0600 indicated are approximate and therefore cannot be relied upon. Derry BT47 6JU E: [email protected]
OSBORNE KING AUCTION TEAM: 028 9027 0000 21 15 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 16 UNIT 3 DARGAN INDUSTRIAL PARK, 60-84 DARGAN CRESCENT, BELFAST, CO ANTRIM, BT3 9JP
LOCATION SELF-CONTAINED WORKSHOP / EPC OFFICE UNIT The unit is located on Dargan Crescent in the docklands area approximately 3 miles (5 km) An Energy Performance Certificate (EPC) will from Belfast city centre. The unit forms part of be available as part of the legal pack. EPC - GROUND AND MEZZANINE a small industrial park enclosed within a D91. EXTENDING TO 269 SQ M (2,891 secured yard accessed via an electric roller SQ FT) gate. The subject has excellent transport links LAND & PROPERTY SERVICES RATES to the main M2 motorway as well as to the ASSESSMENT (ADVISED) ESTABLISHED BUSINESS city centre and Belfast Port. Surrounding Net Annual Value: £20,400 occupiers are predominantly industrial / Rate in the pound for 2016/2017: £0.5826 LOCATION warehouse uses as well some office users. VAT SOLD WITH THE BENEFIT OF DESCRIPTION All figures quoted are exclusive of and may VACANT POSSESSION The unit provides c.2,891 sq.ft. of space over therefore be liable to VAT. two floors and currently provides a number of small offices, associated stores and TITLE workshop. The ground floor comprises 7 no. ENTRANCE LOBBY Please refer to vendor’s solicitor for Title Pack offices, kitchen, workshop, store and WC. On or download from the Osborne King website the first floor there are a further 3 no. (www.osborneking.com/auction). offices, large store as well as male and female WC's and shower room facilities. These premises are fitted out to a good modern VIEWING standard including plastered & painted walls, Contact Osborne King’s Auction Team. suspended ceilings with recessed lighting and carpet flooring. MAXIMUM RESERVE ACCOMMODATION £65,000 Ground and Mezzanine 269 sq m (2,891 sq ft)
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The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the Hinds and Small Jeremy Hinds Important Notices and Conditions of Sale. All areas Linenhall Exchange T: 028 9024 5353 indicated are approximate and therefore cannot be relied upon. 26 Linenhall Street E: [email protected] Belfast BT2 8BG
22 OSBORNE KING AUCTION TEAM: 028 9027 0000 16 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 17 DEVELOPMENT OPPORTUNITY AT 136 MIDDLE ROAD, SAINTFIELD, CO DOWN, BT24 7LS
LOCATION RESIDENTIAL DEVELOPMENT EPC OPPORTUNITY The property is located on the Middle Road close to its junction with the Tullywest Road An Energy Performance Certificate (EPC) is approximately 2 miles (4km) west of Saintfield. not required. SITE AREA 0.35 ACRES (0.14 Saintfield is a well known town located HECTARES) approximately 11 miles (17km) south of LAND & PROPERTY SERVICES RATES Belfast and approximately 7 miles (14km) east ASSESSMENT (ADVISED) PREVIOUS PLANNING of Lisburn. The subject is set in a rural Capital Value: £160,000 PERMISSION FOR SINGLE location near to the junction of the main Rates payable for 2016/2017: £1,233 Lisburn Road (A24) and is surrounded by DWELLING HOUSE mainly agricultural lands and some low VAT density residential housing. All figures quoted are exclusive of and may SET IN A RURAL LOCATION NEAR therefore be liable to VAT. SAINTFIELD DESCRIPTION The asset comprises a potential development TITLE opportunity on a fairly regularly shaped site of Please refer to vendor’s solicitor for Title Pack approximately 0.35 acres. Currently a derelict FOLIO MAP or download from the Osborne King website cottage and a prefabricated mobile home (www.osborneking.com/auction). occupy the site. The lands benefit from a fairly level topography as well as a generous road frontage to Middle Road. VIEWING Contact Osborne King’s Auction Team. ACCOMMODATION
Site Area 0.35 acres (0.14 hectares) MAXIMUM RESERVE £40,000 PLANNING We understand the lands were previously granted planning permission in February 2009 for a replacement dwelling and detached garage under Ref: R/2008/0522/F. Additionally, planning permission was granted in March 2005 Ref: R/2005/0202/F for renovation and extension of the dwelling house. We recommend all interested parties LOCATION MAP make their own independent enquiries relating to this opportunity.
The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the King & Gowdy Solicitors Stephen Gowdy Important Notices and Conditions of Sale. All areas 298 Upper Newtownards Road T: 028 9065 9511 indicated are approximate and therefore cannot be relied upon. Belfast BT4 3EJ E: [email protected]
OSBORNE KING AUCTION TEAM: 028 9027 0000 23 17 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 18 136 CORKEY ROAD, LOUGHGIEL, CO ANTRIM, BT44 9JQ
COMMERCIAL OPPORTUNITY LOCATION The subject premises are located on the EPC SITE AREA 0.41 ACRES (0.16 Corkey Road approximately 2 miles (3 km) An Energy Performance Certificate (EPC) will south of the village of Loughgiel and 4.5 miles be available as part of the legal pack. EPC - HECTARES) (7 km) from the A26 main Frosses/Coleraine E121. Road in Cloughmills. The subject is sited in a IDEAL BUY-TO-LET OR OWNER rural location just off the main road and is LAND & PROPERTY SERVICES RATES OCCUPIER OPPORTUNITY surrounded by low density residential housing ASSESSMENT (ADVISED) and agricultural lands. Net Annual Value: £4,650 BENEFITS FROM GOOD Rate in the pound for 2016/2017: £0.5634 FRONTAGE TO THE MAIN ROAD DESCRIPTION The opportunity comprises a former petrol VAT filling station, shop with stores and a strip of All figures quoted are exclusive of and may land to the rear. The site comprises therefore be liable to VAT. approximately 0.41 acres (0.16 hectares). Currently the courtyard contains two fuel TITLE pumps and is laid out in part concrete/part FOLIO MAP Please refer to vendor’s solicitor for Title Pack tarmacadam with a single storey detached or download from the Osborne King website shop of traditional construction with plastered (www.osborneking.com/auction). and painted walls with pitched roof covered with metal cladding. A small strip of good quality agricultural land currently laid out in VIEWING grass lies to the rear boundary of the site. Contact Osborne King’s Auction Team. ACCOMMODATION MAXIMUM RESERVE Site Area 0.41 acres (0.16 hectares) £30,000
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The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the Carson McDowell LLP Claire McCloskey Important Notices and Conditions of Sale. All areas Murray House T: 028 9024 4951 indicated are approximate and therefore cannot be relied upon. Murray Street E: [email protected] Belfast BT1 6DN
24 OSBORNE KING AUCTION TEAM: 028 9027 0000 18 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 19 10 DERRY ROAD, STRABANE, CO TYRONE, BT82 8DT
LOCATION RESIDENTIAL / COMMERCIAL EPC DEVELOPMENT OPPORTUNITY Strabane is located in West Tyrone with its border with Donegal approximately 20 miles An Energy Performance Certificate (EPC) is (32 km) south of the City of Derry and 13 miles not required. SITE AREA 0.13 ACRES (0.05 (21 km) north of Omagh. The lands occupy a HECTARES) prominent location which benefits from dual VAT frontage onto the Derry Road and Canal All figures quoted are exclusive of and may TOWN CENTRE LOCATION Street. The surrounding land use is mainly therefore be liable to VAT. commercial and retail occupiers including SUITABLE FOR A RANGE OF Linton & Robinson, Oyster Restaurant, TITLE USES SUBJECT TO PLANNING Strabane Police Station and there is some Please refer to vendor’s solicitor for Title Pack medium density residential housing to the or download from the Osborne King website PERMISSION opposite end of the street. (www.osborneking.com/auction).
DESCRIPTION VIEWING The asset comprises a fairly rectangular Contact Osborne King’s Auction Team. FOLIO MAP parcel of land approximately 0.13 acres. To the rear of the site stands a derelict mid terrace building and the lands are in an MAXIMUM RESERVE overgrown state. The lands benefit from frontage to both the Derry Road and Canal £30,000 Street. ACCOMMODATION
Site Area 0.13 acres (0.05 hectares)
PLANNING We understand the lands are not zoned for a specific use in the Strabane Area Plan and therefore is suitable to a range of uses subject to the necessary approvals. The lands were previously passed for development under Application No: J/2005/0651/O and LOCATION MAP J/2000/0071/F.
The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the C & H Jefferson Solicitors John Palmer Important Notices and Conditions of Sale. All areas Jefferson House T: 028 9023 0230 indicated are approximate and therefore cannot be relied upon. 42 Queen Street E: [email protected] Belfast BT1 6HL
OSBORNE KING AUCTION TEAM: 028 9027 0000 25 19 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 20 258 BERRYHILL ROAD, DONEMANA, CO TYRONE, BT82 0NB
LOCATION DETACHED RESIDENTIAL EPC REFURBISHMENT OPPORTUNITY The opportunity is located in Donemana which is in northwest Co Tyrone An Energy Performance Certificate (EPC) will approximately 7.5 miles (12km) east of be available as part of the legal pack. EPC - IDEAL BUY-TO-LET OWNER Strabane and 11 miles (18km) south of the D62. OCCUPIER OPPORTUNITY City of Derry. The property is located just off the village centre and is surrounded by a LAND & PROPERTY SERVICES RATES SITE AREA 0.41 ACRES (0.17 mixture of commercial and local occupiers as ASSESSMENT (ADVISED) HECTARES) well as a number of residential properties. Capital Value: £95,000 Rates payable 2016/2017: £810 VILLAGE CENTRE LOCATION DESCRIPTION The property comprises a detached two VAT bedroom bungalow of traditional construction All figures quoted are exclusive of and may with a brick and dash exterior and pitched therefore be liable to VAT. roof covered with concrete roof tiles. Internally the property will require complete TITLE refurbishment. In addition a detached store is FOLIO MAP Please refer to vendor’s solicitor for Title Pack provided which is suitable for a range of uses or download from the Osborne King website and a garden area lies to the rear, side and (www.osborneking.com/auction). front of the property. ACCOMMODATION VIEWING Contact Osborne King’s Auction Team. Bungalow - 2 bedrooms, 2 reception, kitchen, dining room and bathroom Detached storage building MAXIMUM RESERVE Site Area 0.41 acres (0.17 hectares) £40,000
PLANNING We understand the lands were previously approved for a redevelopment scheme for mixed use including retail and residential under Planning Ref: J/2008/0197/F. We recommend all interested parties to make LOCATION MAP their own independent enquiries in regard to this opportunity.
The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the Diamond Heron Solicitors Deirdre Mullan Important Notices and Conditions of Sale. All areas Diamond House T: 028 9024 3726 indicated are approximate and therefore cannot be relied upon. 7-19 Royal Avenue E: [email protected] Belfast BT1 1FB
26 OSBORNE KING AUCTION TEAM: 028 9027 0000 20 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 21 11 THOMAS STREET AND 12 EDWARD STREET, PORTADOWN, CO ARMAGH, BT62 1HR
LOCATION RESIDENTIAL/COMMERCIAL EPC INVESTMENT OPPORTUNITY The property is located in the heart of Portadown town centre just off High Street. An Energy Performance Certificate (EPC) will (STPP) The property has frontage onto Thomas Street be available as part of the legal pack. EPC - and Edward Street. The property is well F129. PART INCOME PRODUCING PLUS located with both streets providing a mix of VACANT WAREHOUSE retail, office and residential uses. Portadown LAND & PROPERTY SERVICES RATES is a large business centre within Co Armagh ASSESSMENT (ADVISED) PASSING GROSS INCOME and is located c. 30 miles (48km) southwest of Net Annual Value: £17,200 (Warehouse) - Belfast via the M1 motorway. advised rates exempt whilst vacant £24,600 PER ANNUM Rate in the pound for 2016/2017: £0.56825 DESCRIPTION SOLD SUBJECT TO EXISTING The vast property comprises a mid terrace VAT TENANCY AGREEMENTS two storey building fronting Thomas Street All figures quoted are exclusive of and may which comprises a first floor unit and also therefore be liable to VAT. provides pedestrian and roller shutter access EDWARD STREET FRONTAGE into the single storey warehouse unit which TITLE extends to the rear onto Edward Street. Please refer to vendor’s solicitor for Title Pack Additional access off Thomas Street via a or download from the Osborne King website secure concrete laneway (adjacent to Hamills) (www.osborneking.com/auction). leading to storage buildings and car parking. The Edward Street property comprises a detached two storey building comprising TENANCY ground and first floor self-contained units. Thomas Street Adjacent to no. 12 is a secure area of ground - 1 no. 1 bedroom unit producing £5,200 pa abutting the warehouse also. - Warehouse - vacant - Stores & Car Parking producing £9,000 pa ACCOMMODATION Edward Street - 2 no. 1 bedroom units producing £10,400 pa 11 Thomas Street Grd floor warehouse (former printing works) - Vacant - c. 6,100 sq ft/567 sq m VIEWING 1st floor 1 bed unit - Occupied Contact Osborne King’s Auction Team. Buildings & car parking to rear of 17 Thomas Street - Occupied (no access available) 12 Edward Street MAXIMUM RESERVE LOCATION MAP Grd & 1st floor 1 bed units - Occupied £125,000 - £150,000
The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the Simmons Meglaughlin & Orr LLP Mr Oliver Ross Important Notices and Conditions of Sale. All areas 20 Northland Row T: 028 8772 2016 indicated are approximate and therefore cannot be relied upon. Dungannon BT71 6BL E: [email protected]
OSBORNE KING AUCTION TEAM: 028 9027 0000 27 21 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 22 SITE AT 26 MILLTOWN ROAD, ANTRIM, CO ANTRIM, BT41 4UW
LOCATION RESIDENTIAL DEVELOPMENT EPC OPPORTUNITY The site is located in the small hamlet of Milltown just outside Antrim town An Energy Performance Certificate (EPC) is approximately 21 miles (33 km) northwest of not required. SITE AREA 0.78 ACRES (0.32 Belfast via the M2 motorway. The settlements HECTARES) of Randalstown and Templepatrick are also VAT nearby providing a wealth of local amenities. All figures quoted are exclusive of and may PREVIOUS PLANNING The area surrounding the site comprises therefore be liable to VAT. PERMISSION FOR 5 NO. mainly of low density houses with nearby developments to include Castleburn and TITLE DETACHED DWELLINGS Milltown Lodge. Please refer to vendor’s solicitor for Title Pack or download from the Osborne King website CLOSE PROXIMITY TO ANTRIM DESCRIPTION (www.osborneking.com/auction). TOWN The lands are of an irregular shape and benefit from a level topography and frontage On the instructions of Tom Keenan and Scott onto the Milltown Road. It would appear that Murray as Joint Administrators of Woodtown FOLIO MAP concrete foundations have been laid for a Developments Ltd. garage for one of the dwellings. We would advise interested parties to make their own VIEWING independent enquiries in this regard. Contact Osborne King’s Auction Team. ACCOMMODATION MAXIMUM RESERVE Site Area 0.78 acres (0.32 hectares) £60,000
PLANNING We understand full planning permission was granted in January 2009 for 5 no. detached dwellings (Planning Ref: T/2007/1010/F). Additionally, planning permission was subsequently granted in September 2014 for a change of house type for two of the dwellings to bungalows.
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The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the Elliott Duffy Garrett Solicitors Leo Brown Important Notices and Conditions of Sale. All areas 2nd Floor Royston House T: 028 9024 5034 indicated are approximate and therefore cannot be relied upon. 34 Upper Queen Street E: [email protected] Belfast BT1 6FD
28 OSBORNE KING AUCTION TEAM: 028 9027 0000 22 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 23 DEVELOPMENT OPPORTUNITY 2-4 MARINE ROAD, CARNLOUGH, CO ANTRIM, BT44 0HE
LOCATION RESIDENTIAL/COMMERCIAL EPC REDEVELOPMENT OPPORTUNITY The property is located in the centre of Carnlough village on the water's edge with An Energy Performance Certificate (EPC) is fantastic views over the Irish Sea. Carnlough not required. OVERLOOKS THE IRISH SEA is on the Coast Road in the Glens of Antrim situated in the Mid & East Antrim district LAND & PROPERTY SERVICES RATES SITE AREA 0.21 ACRES (0.08 approximately 34 miles (55km) north of ASSESSMENT (ADVISED) HECTARES) Belfast. Net Annual Value: £TBC Rate in the pound for 2016/2017: £TBC VILLAGE CENTRE LOCATION DESCRIPTION The property extends to 0.21 acres (0.08 VAT hectares) in total and comprises a semi- All figures quoted are exclusive of and may detached building and a separate detached therefore be liable to VAT. former dance hall with yard to rear. The buildings would need complete refurbishment TITLE and would be suitable for residential / Please refer to vendor’s solicitor for Title Pack commercial uses subject to the necessary FOLIO MAP or download from the Osborne King website planning consents. (www.osborneking.com/auction). ACCOMMODATION VIEWING Site Area Contact Osborne King’s Auction Team. 0.21 acres (0.08 hectares) MAXIMUM RESERVE PLANNING We understand planning permission was £80,000 granted in February 2007 for 16 no. apartments and 4 no. townhouses under Planning Ref: F/2005/0012/F. Please note we understand third party lands were required to facilitate this development. The lands are located within the development limit of Carnlough under the Larne Area Plan 2010 and are zoned for no specific use.
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The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the Campbell & Haughey Solicitors Keith Hamilton Important Notices and Conditions of Sale. All areas 85 William Street T: 028 3832 5335 indicated are approximate and therefore cannot be relied upon. Lurgan BT66 6JB E: [email protected]
OSBORNE KING AUCTION TEAM: 028 9027 0000 29 23 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 24 DEVELOPMENT OPPORTUNITY ADJACENT TO 7 NEW ROAD, ORRITOR, COOKSTOWN, CO TYRONE, BT80 9LG
LOCATION RESIDENTIAL DEVELOPMENT EPC OPPORTUNITY The development opportunity is located on the New Road approximately 2 miles (3 km) An Energy Performance Certificate (EPC) is from the village of Orritor and approximately 5 not required. SITE AREA 0.67 ACRES (0.27 miles (8 km) west of Cookstown town centre. HECTARES) The surrounding area is predominantly VAT agricultural lands with some low density All figures quoted are exclusive of and may PREVIOUS PLANNING FOR residential housing. therefore be liable to VAT. SINGLE DWELLING HOUSE DESCRIPTION TITLE LOCATED IN A RURAL SETTING The development opportunity comprises a Please refer to vendor’s solicitor for Title Pack fairly rectangular shaped site of approximately or download from the Osborne King website 0.67 acres (0.27 hectares) accessed via a (www.osborneking.com/auction). laneway. The lands have a fairly level topography. We understand foundations are VIEWING in place for a dwelling house. Contact Osborne King’s Auction Team. FOLIO MAP ACCOMMODATION MAXIMUM RESERVE Site Area 0.67 acres (0.27 hectares) £10,000
PLANNING We understand that the lands previously benefited from a Reserved Matters Planning Permission for a single detached dwelling house under Reference No: I/2007/0185/RM. Interested parties are advised to make their own independent planning enquiries relating to this opportunity.
LOCATION MAP
The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the McCartan Turkington Breen Solicitors Aleric Turtle Important Notices and Conditions of Sale. All areas Chancery House T: 028 9032 9801 indicated are approximate and therefore cannot be relied upon. 88 Victoria Street E: [email protected] Belfast BT1 3GN
30 OSBORNE KING AUCTION TEAM: 028 9027 0000 24 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 25 DEVELOPMENT OPPORTUNITY AT MUNTOBER ROAD, ORRITOR, COOKSTOWN, CO TYRONE, BT80 9LW
LOCATION RESIDENTIAL DEVELOPMENT EPC OPPORTUNITY The development opportunity is located on the Muntober Road accessed off the An Energy Performance Certificate (EPC) is Tulnacross Road approximately 2 miles (3km) not required. SITE AREA 0.91 ACRES (0.37 from the village of Orritor and approximately 5 HECTARES) miles (8km) west of Cookstown town centre. VAT The surrounding area is predominantly All figures quoted are exclusive of and may PREVIOUS PLANNING agricultural lands with some low density therefore be liable to VAT. residential housing. PERMISSION FOR A SINGLE TITLE DWELLING HOUSE DESCRIPTION Please refer to vendor’s solicitor for Title Pack The development opportunity comprises a or download from the Osborne King website LOCATED IN A RURAL SETTING fairly rectangular shaped site. The lands are of (www.osborneking.com/auction). fairly level topography accessed via a laneway off the Muntober Road. We understand VIEWING foundations are in place for a single dwelling Contact Osborne King’s Auction Team. FOLIO MAP house. ACCOMMODATION MAXIMUM RESERVE Site Area £10,000 0.91 acres (0.37 hectares)
PLANNING We understand the lands previously benefited from a Reserved Matters Planning Permission for a two storey single dwelling under Reference No: I/2007/0785/RM. We recommend interested parties make their own independent planning enquiries relating to this opportunity.
LOCATION MAP
The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the McCartan Turkington Breen Solicitors Aleric Turtle Important Notices and Conditions of Sale. All areas Chancery House T: 028 9032 9801 indicated are approximate and therefore cannot be relied upon. 88 Victoria Street E: [email protected] Belfast BT1 3GN
OSBORNE KING AUCTION TEAM: 028 9027 0000 31 25 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 26 66 NEDD ROAD, DERRYLIN, CO FERMANAGH, BT92 9NG
LOCATION FARM STEAD AND EPC SURROUNDING LANDS The subject lands are located in a rural setting in the townland of Nedd approximately 1.5 An Energy Performance Certificate (EPC) will miles (2.4km) north of the village of Derrylin be available as part of the legal pack. EPC - LAND AREA 36.5 ACRES (15 and approximately 15 miles (2.4km) south of TBC. HECTARES) Enniskillen town centre. The surrounding area comprises mostly agricultural lands with some LAND & PROPERTY SERVICES RATES THREE BEDROOM BUNGALOW residential dwelling houses nearby. ASSESSMENT (ADVISED) Capital Value: £TBC LOCATED NEAR DERRYLIN DESCRIPTION Rates payable for 2016/2017: £TBC The subject comprises a newly constructed three bedroom detached bungalow and 36.5 VAT acres (15 hectares) of agricultural farmlands All figures quoted are exclusive of and may and associated farm buildings and yard. therefore be liable to VAT.
ACCOMMODATION TITLE DWELLING HOUSE Land Area Please refer to vendor’s solicitor for Title Pack 36.5 acres (15 hectares) or download from the Osborne King website (www.osborneking.com/auction).
VIEWING Contact Osborne King’s Auction Team.
MAXIMUM RESERVE £160,000
LOCATION MAP
The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the C & H Jefferson Solicitors Ciara McCloskey Important Notices and Conditions of Sale. All areas Jefferson House T: 028 9023 0230 indicated are approximate and therefore cannot be relied upon. 42 Queen Street E: [email protected] Belfast BT1 6HL
32 OSBORNE KING AUCTION TEAM: 028 9027 0000 26 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 27 LANDS AT 114 CORRATISTUNER ROAD, DRUMMULLEY, DERRYLIN, CO FERMANAGH, BT92 9EA
AGRICULTURAL LANDS LOCATION The lands are located on the Corratistuner EPC LAND AREA 17 ACRES (6.9 Road in the townland of Drumully An Energy Performance Certificate (EPC) is approximately 2 miles (3.2km) east of the not required. HECTARES) village of Derrylin and approximately 15 miles (2.4km) south of Enniskillen town centre. The VAT SUITABLE FOR GRAZING OR surrounding land use is predominantly All figures quoted are exclusive of and may CUTTING agricultural lands with some residential therefore be liable to VAT. dwelling houses nearby. The lands are located LOCATED NEAR DERRYLIN near to Lough Drumully. TITLE Please refer to vendor’s solicitor for Title Pack DESCRIPTION or download from the Osborne King website The lands comprise approximately 17 acres (www.osborneking.com/auction). (6.9 hectares) of farmland in one parcel split into a number of fields. The land is of fairly flat VIEWING topography and the fields are fairly regular in Contact Osborne King’s Auction Team. INDICATIVE BOUNDARY MAP shape and are currently laid out in grass pasture which are ideal for cutting or grazing purposes. MAXIMUM RESERVE ACCOMMODATION £35,000
Land Area 17 acres (6.9 hectares)
LOCATION MAP
The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the C & H Jefferson Solicitors Ciara McCloskey Important Notices and Conditions of Sale. All areas Jefferson House T: 028 9023 0230 indicated are approximate and therefore cannot be relied upon. 42 Queen Street E: [email protected] Belfast BT1 6HL
OSBORNE KING AUCTION TEAM: 028 9027 0000 33 27 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 28 222 NEWTOWNARDS ROAD, BELFAST, CO ANTRIM, BT4 1HB
LOCATION PROMINENT CORNER EPC COMMERCIAL BUILDING The property is prominently located on the Newtownards Road. The Newtownards Road An Energy Performance Certificate (EPC) will is one of the main arterial routes linking be available as part of the legal pack. EPC - ADVERTISING HOARDING ON Belfast city centre with the east Down area C70. SIDE GABLE and is approximately 2 miles (3km) from the city centre. The immediate area benefits from LAND & PROPERTY SERVICES RATES BUILDING EXTENDS TO 146 SQ M significant volumes of pedestrian and ASSESSMENT (ADVISED) (1,574 SQ FT) vehicular traffic flows. Net Annual Value: Shop/Store: £6,900 Net Annual Value: Advertising Site: £1,000 DESCRIPTION Rate in the pound 2016/2017: £0.58260 IDEAL INVESTOR OR OWNER The property is a two storey end terrace OCCUPIER OPPORTUNITY building of traditional block construction to VAT include a flat asphalt covered roof. The All figures quoted are exclusive of and may property is secured by an electric roller therefore be liable to VAT. shutter at ground floor and over the first floor GROUND FLOOR bay window. Internally the property is fitted TITLE out to include suspended ceilings, double Please refer to vendor’s solicitor for Title Pack glazed uPVC windows, fluorescent strip or download from the Osborne King website lighting, tiled flooring, air conditioning, (www.osborneking.com/auction). plastered/painted walls and male/female WCs. The premises were previously used as a restaurant. VIEWING Contact Osborne King’s Auction Team. ACCOMMODATION
Ground Floor 67.54 sq m 727 sq ft MAXIMUM RESERVE First Floor 78.68 sq m 847 sq ft Total Area 146.22 sq m 1,574 sq ft £45,000
LOCATION MAP
The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the C & H Jefferson Solicitors James Morrison Important Notices and Conditions of Sale. All areas Jefferson House T: 028 9023 0230 indicated are approximate and therefore cannot be relied upon. 42 Queen Street E: [email protected] Belfast BT1 6HL
34 OSBORNE KING AUCTION TEAM: 028 9027 0000 28 OSBORNE KING AUCTION TEAM: 028 9027 0000 LOT 29 1 THE BRAMBLES, KILKEEL, CO DOWN, BT34 4FH
LOCATION SEMI-DETACHED CHALET EPC BUNGALOW The house is located in Kilkeel fronting the Scrogg Road within The Brambles An Energy Performance Certificate (EPC) will development. Kilkeel town is in Co Down and be available as part of the legal pack. EPC - THREE BEDROOMS is the main fishing port on the Down coast. It D62. had a population of 6,887 people according to IDEAL BUY-TO-LET OR OWNER the 2011 Census. LAND & PROPERTY SERVICES RATES OCCUPIER OPPORTUNITY ASSESSMENT (ADVISED) DESCRIPTION Capital Value: £100,000 SOLD WITH THE BENEFIT OF The property comprises a semi-detached Rates payable 2016/2017: £770 VACANT POSSESSION three bedroom chalet bungalow with a side gravel secure area for parking and access to VAT the rear of the house. The house is in good All figures quoted are exclusive of and may condition and benefits from oil fired central therefore be liable to VAT. heating and double glazing. ACCOMMODATION TITLE KITCHEN Please refer to vendor’s solicitor for Title Pack Ground Floor or download from the Osborne King website (www.osborneking.com/auction). Entrance Hall 2.81mx1.57m (9'3"x5'2") Kitchen/Dining 4.76mx4.62m (15'7"x15'1") Room VIEWING Reception 2.97mx3.46m (9'9"x11'4") Contact Osborne King’s Auction Team. Living Room 3.72mx4.63m (12'2"x15'2") WC 1.81mx1.27m (5'11"x4'2") Cloakroom/Utility 2.98mx1.98m (9'9"x6'6") MAXIMUM RESERVE Room First Floor £60,000 Bedroom 1 2.99mx1.83m (9'10"x6'0") Bedroom 2 4.76mx2.79m (15'7"x9'2") Bedroom 3 3.73mx2.69m (12'3"x8'10") Bathroom 2.10mx3.01m (6'11"x9'11")
LOCATION MAP
The lot details are for information and identification Solicitor Contact purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the C & H Jefferson Solicitors James Morrison Important Notices and Conditions of Sale. All areas Jefferson House T: 028 9023 0230 indicated are approximate and therefore cannot be relied upon. 42 Queen Street E: [email protected] Belfast BT1 6HL
OSBORNE KING AUCTION TEAM: 028 9027 0000 35 29 OSBORNE KING AUCTION TEAM: 028 9027 0000 IMPORTANT INFORMATION
SET OUT BELOW ARE A NUMBER OF ITEMS TO ASSIST AND GUIDE PROSPECTIVE PURCHASERS. PLEASE TAKE NOTE OF THE ADVICE AND INFORMATION GIVEN.
COMMON AUCTION CONDITIONS INSPECTIONS OF SALE AND SPECIAL CONDITIONS OF SALE Please make appointments to view the properties through The sale of each property is subject to our Conditions of Sale, the Osborne King Auction Team Tel: 028 9027 0000. which are available from each vendor’s solicitor. You should read the aforementioned Conditions of Sale carefully before bidding at auction. LEGAL DOCUMENTATION The Title Deeds, Leases, Licences, Deeds of Variation and other ADDENDUM legal documentation are held by each vendor’s solicitor. Title Packs are available to download from Osborne Kings website In the event of there being alterations to the Particulars of Sale or at . It is advisable to check the General or Special Conditions of Sale, a printed notice will be www.osborneking.com/auction all copy documentation against the original documentation held available prior to the auction. This addendum will be attached to by the vendor’s solicitor and to make all your enquiries well the Sale Contract and forms part of the Contract. It is vital that before the date of the auction. you obtain a copy of the addendum before bidding. A prudent buyer will before bidding for a lot at an auction: THE PARTICULARS — Take professional advice from a conveyancer and, All particulars contained in this catalogue have been compiled in appropriate cases, a chartered surveyor and an accountant using information supplied by the vendor’s solicitor. For each — Read the conditions property every effort has been made by us to check and verify — Inspect the lot the information supplied. If subsequent amendment is necessary — Carry out usual searches and make usual enquiries this will be included in an addendum, which will be available on — Check the content of all available leases and other documents the day at the auction. We would recommend, however, that you relating to the lot keep in touch with us prior to auction in order that we can make — Check that what is said about the lot in the catalogue is accurate you aware of any amendments beforehand. — Have finance available for the deposit and purchase price — Check VAT status of subject lot All plans and photographs in the catalogue are for identification — The conditions assume that the buyer has acted like purposes only. The plans are not guaranteed to be to scale. a prudent buyer You should consult the available legal documentation for each lot and view the property to be totally satisfied as to the location, If you choose to buy a lot without taking these normal description, state of repair and extent of the property which precautions you do so at your own risk. is being sold. You are strongly advised to take independent legal, NOTE and where appropriate, other professional advice. The right is reserved to sell/withdraw properties prior to auction.
DISCLAIMER “Osborne King for themselves and for the vendor of these properties whose agents they are give notice that (i) the particulars are set out as a general outline for the guidance of intending purchasers and do not constitute part of an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for the use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in employment of Osborne King has any authority to make or give representations or warranty whatsoever in relation to these properties.”
36 IMPORTANT INFORMATION
CONDITIONS OF SALE THE VENDOR HEREBY RESERVES THE FOLLOWING RIGHTS — The Documents of Title are available for inspection; A To divide any property into lots and sub divide, rearrange arrangements may be made by contacting each vendor’s or consolidate any lots. solicitor. The purchaser shall be deemed to purchase with B Without disclosing a reserve price, to withdraw from sale any full knowledge of the conditions of title. property or lot at any time before it has been sold, whether — A binding contract is entered into on the fall of the or not the sale has commenced. Auctioneer’s hammer to the successful bidder. — The information provided is set out as a general outline only for the guidance of intending bidders and does not constitute, — The successful bidder will be required to sign the Contract nor constitute part of, an offer or contract. and pay to the vendor’s solicitor a 10% deposit before leaving the auction venue. — All descriptions, area, dimensions, reference to condition and necessary permission for use and occupation and other details — Minimum deposit of £5,000 are given in good faith and are believed to be correct, but their accuracy is not guaranteed and any intending bidder should not — The Auctioneer has authority to sign on behalf of both the rely on them as statements or representations of fact, but must successful bidder and the vendor if necessary. satisfy themselves by inspection or otherwise as to the correctness of each of them and if in doubt if any question is still — Completion shall take place no later than 20 working days outstanding or you are not fully satisfied with the information from the date of auction, on which date the balance you have then our advice is not to bid. purchase monies must be paid. — Misrepresentation Act 1967. The premises are offered subject — Bids may not be made subject to finance and each bidder to contract, availability and confirmation of details. The particulars must be in a position to pay the deposit at the auction and do not form part of any contract and whilst believed to be to pay the balance purchase monies on the completion. correct, no responsibility can be accepted for any errors. None of the statements contained in the particulars are to be relied — Details of Title given in this brochure are by way of brief upon as statements of fact and intending purchasers or lessees description only and are not in substitution for reference to must satisfy themselves by inspection or otherwise as to the the details of title given in the Special Conditions of Sale. correctness of those statements. The vendors or lessors do not Copies of the Common Auction Conditions (Edition 3) make or give Osborne King & Megran Limited nor any person in are available either from the Auctioneers or from its employment, any authority to make or give any representation www.rics.org/propertyauctions and are reproduced or warranty whatsoever in relation to this property. Unless with the consent of RICS. otherwise stated, all prices and rentals quoted are exclusive of any Value Added Tax to which they may be subject. These — The vendor hereby reserves the right, but is not obliged to particulars are issued on the understanding that all negotiations accept any offer which might be made prior to the auction. are conducted through this company. Osborne King & Megran — The vendor hereby reserves the right to withdraw their Limited. Registered in Northern Ireland No 27969. Registered Office: The Metro Building, 6 – 9 Donegall Square South, Belfast property from auction. BT1 5JA. Any maps/plans based on the Ordnance Survey Map with the sanction of the controller of H M Stationery Office Crown Copyright Reserved Licence No. CS 369. This plan is for convenience only. Its accuracy is not guaranteed and shall not be deemed to form part of any contract. Reproduced with the consent of Goad Cartographers Ltd, Old Hatfield.
37 AUCTION GUIDE
SELLERS STEP BY STEP AUCTION GUIDE BUYERS STEP BY STEP AUCTION GUIDE
01 Contact an Osborne King auction team member 01 View the properties by requesting an auction catalogue or via for an appraisal of your property. Osborne King’s website www.osborneking.com/auction which will provide marketing details for each lot. If possible, please provide a photograph(s), tenure, tenancy 02 Identify a lot or lots that may be of interest to you. details, location and site plan. Please provide any further 02 additional information such as planning permission 03 View the property or properties that may be of interest approval paperwork. by contacting an Osborne King auction team member. 04 Contact Osborne King’s auction team to register your 03 Subject to receipt of the above information and a site interest(s). Some properties may be sold or withdrawn inspection, Osborne King will advise you whether they prior to the auction day. Please note offers for any of the think your property is suitable for sale by auction. If not, properties can be submitted to Osborne King up to the then an alternative method of sale will be suggested. day of the auction day. If an offer is agreed prior to the auction, you will need to be in a position to exchange contracts 04 A guide sale price will be discussed and agreed and pay a 10% deposit before the day of the auction. with the vendor. 05 Request a legal pack from the vendor’s solicitor or alternatively download from the Osborne King website 05 Once the parties agree that a property will be entered www.osborneking.com/auction The legal pack will contain into the auction, terms of engagement will be completed the conditions of sale, title deeds, leases, searches, between Osborne King and the vendor. This agreement replies to pre contract enquires. will outline Osborne King’s commission fee and also 06 Arrange for a survey of the subject property if you desire. all associated marketing costs. 07 Arrange your finance as you are required to pay a deposit on the day and completion of legal formalities within 06 Osborne King will prepare draft sale particulars and 20 working days thereafter. If you require a mortgage it is catalogue entry paperwork for approval. Simultaneously, important that you obtain a mortgage offer from your the vendor will instruct their solicitor to prepare a legal lender before the auction day. The lender is likely to require pack. The legal pack will outline the conditions of sale, a surveyor to prepare a valuation report before making an title documents, lease (if appropriate), searches and offer so advance communication with your chosen lender planning documentation. is advisable. 08 On the day of auction, request an order of sale and an 07 Osborne King will coordinate viewings of your property addendum (if appropriate). These will contain any final prior to the auction. changes to the details of the lot information. Register your interest at the appropriate Osborne King desk 08 Prior to the auction day a reserve price will be agreed and receive your bidding number. between the parties. 09 If you are a successful bidder for a particular lot, a member of the Osborne King auction team will direct 09 Should the property be sold at auction (i.e. it reaches you to the Contract table. At this point you will be required the agreed reserve price) then the successful purchaser to sign and exchange unconditional contracts and pay will sign the completed sale memorandum and pay a deposit of 10% of the purchase price, subject to a a 10% deposit. minimum of £5,000. Completion of the sale normally occurs within 20 working days. 10 10 Completion of sale normally occurs within 20 working days. If you are a successful bidder you will be required to provide 2 forms of identification to include photo identity i.e. driving licence or passport and proof of address i.e. utility bill or bank statement. 11 Please note that a binding unconditional contract is entered into upon the fall of the auctioneer’s gavel to the successful bidder and it may be the case that the successful bidder is liable for the property’s insurance from exchange and not completion. Please seek appropriate advice from your solicitor in this regard.
38 THE AUCTION DAY: CLAYTON HOTEL
VENUE PURCHASER’S INFORMATION The auction will commence at 11.00 am on Friday, Purchasers should be prepared to provide two original forms 24th June 2016, in the Olympic Suite, Clayton Hotel, of identity and a deposit cheque for 10% of the purchase Ormeau Avenue, Belfast, BT2 8HS. price drawn on a UK clearing bank. Further information on the Money Laundering Regulations 2007 is available at: www.rics.org/propertyauctions
AUCTIONEER’S ANNOUNCEMENTS You should arrive at the auction promptly, in order to hear the preliminary addendum remarks and announcements made DEPOSIT MONIES by the auctioneer, as these may affect the property you Unless otherwise specified, cheques should be made payable wish to purchase. to the vendor’s solicitor, drawn on a UK clearing bank and be for 10% of the purchase price subject to a minimum deposit of £5,000. We do not accept cash, or credit card payments unless prior arrangements have been made. All cheques are specifically cleared as soon as possible and therefore you AMENDMENTS ON THE AUCTION DAY should ensure that you have adequate funds in your account. The vendor or the vendor’s solicitor may make amendments up until the time of the auction and therefore we would strongly recommend that you contact us before the sale to check if there is an addendum and whether the property has been withdrawn or sold prior. VALUE ADDED TAX VAT may be chargeable on the purchase price. It is advisable to check with the vendor’s solicitor prior to the auction.
PROCEDURE AT THE AUCTION If you are intending to bid, please make your bids clearly and in plenty of time. If you are the highest bidder, on the fall of INSURANCE the auctioneer’s gavel, you will be under a binding contract to Once the gavel falls, the buyer is usually responsible for purchase the property. You will be presented with a Purchaser’s the insurance of the property. Please make the necessary Card by one of the auctioneer’s clerks. Then you will be taken arrangements prior to sale. to the Contract Table in the auction room to sign and exchange unconditional contracts and at the same time provide a cheque for 10% of the purchase price subject to a minimum deposit of £5,000. QUESTIONS The auctioneers will not be in a position to answer questions for the duration of the auction.
AND IF IN DOUBT If any question is still outstanding, or you are not fully satisfied with the information you have, then our advice to you is not to bid.
39 FORTHCOMING AUCTION ENQUIRIES
MARK CARRON THOMAS OSBORNE LISA ANDERSON Telephone 028 9027 0016 Telephone 028 9027 0036 Telephone 028 9027 0041 [email protected] [email protected] [email protected]
FUTURE AUCTIONS: 25 NOVEMBER 2016
CONTACT US OSBORNE KING Osborne King The Metro Building DOES NOT CHARGE A 6-9 Donegall Square South BUYER’S PREMIUM OR Belfast BT1 5JA CALL US ADMINISTRATION FEE 028 9027 0000
INSTINCTIVE EXCELLENCE IN PROPERTY WWW.OSBORNEKING.COM/AUCTION