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Key Information

Price POA
Style Commercial / Industrial
Status For sale

Features

  • Industrial Complex totalling approximately 32.5 acres (13.15 hectares), zoned for Employment/Industry
  • Superb opportunity to acquire this valuable parcel of industrial land on the edge of Magherafelt town and just off the Magherafelt bypass

Additional Information

LOCATION

Magherafelt is located northwest of Lough Neagh. It is also located some 37 miles northwest of Belfast and some 40 miles southeast of Derry/Londonderry, and thus benefits from its close proximity to the following locations:

Belfast 37 miles
Derry/Londonderry 40 miles
Newry 49 miles
Dublin Airport 108 miles
Dublin 115 miles

Magherafelt town is the primary shopping and retail service centre for the district and its surrounding rural areas. It is located within close proximity to the key transport corridor between Belfast and Derry/Londonderry, in addition to being linked to Cookstown cia the A31. It has a multifunctional role, providing education, he lath, administrative, community and recreational facilities as well as being the focus of the area’s commercial activity.

DESCRIPTION

The lands are slightly irregular in shape, with a boundary to the Magherafelt District Council offices and residential properties to the north, Ballyronan Road to the west and adjoining agricultural lands to the south east. It is generally flat in its topography, but rises up gently towards the southern boundary. The maxmum impact capacity is 1500kVa on a T201 high voltage supply.

SCHEDULE OF ACCOMMODATION

Concrete Yard

Building Sq Ft Sq M
Ground Floor Offces 4,426 411.2
First Floor Offces 4,426 411.2
Garage & Laboratory 8,787 816.3
Weighbridge House 1,937 180.0
Production Sheds 67,848 6,303.4
Total Internal Area 87,424 8,121.9

* The weighbridge house is currently occupied on a monthly basis at £431.67 per month including ates and buildings insurance.

Former Balcas Site
Building Sq Ft Sq M
Pallet Store 26,286 2,442
Timber Processing Building 33,217 3,086
Total Internal Area 59,503 5,528

Total Site Area - 32.5 acres (13.15 hectares)

Planning & Development
The site has been designated as an area of existing industry and employment under the Magherafelt Area
Plan 2015. We kindly request that perspective purchasers make their own enquiries in relation to planning.

Price
Offers around £2.5 million exclusive.

Rates
We have been advised by Land and Property Services of the following:-
Net Annual Value: £189,200
Rate in £ 18/19: £0.5764
Rates payable if applicable: £19,054.88
We would advise prospective purchasers to make their own enquiries in relation to rates.

Title
We are advised that title is held part freehold and part long leasehold. We are further advised that the part
of the title that is held on a 999 year lease from 1 January 1986 is subject to an annual rent of £500 per annum payable. The long leasehold part of the site has a restriction on the use of the lands for residential purposes.

The title and contract are available for inspection by appointment only at the offces of the vendor’s solicitors. Their details are as follows:

Elliott Duffy Garrett
Contact: Stewart Nash
Tel: 028 9024 5034
Email: stewart.nash@edglegal.com

Inventory
Items excluded from sale;
• All mobile plant and machinery including batching plant;
• All mixing plant;
• All overhead cranes.

Value Added Tax
The sales consideration will be exclusive of VAT (where chargeable).


FURTHER INFORMATION

For further information please contact:
Paul Birt
52 Garden Street, Magherafelt, BT45 5DD
Tel: 028 7930 1116
Email: mail@paulbirt.co.uk

 

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Total Views

(since advertised)

1,440

Listing Views

Date Views Unique Views Featured Published
20th Jun 5 5 No Yes
21st Jun 4 4 No Yes
22nd Jun 2 2 No Yes
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6th Jul 4 4 No Yes
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12th Jul 5 5 No Yes
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15th Jul 3 3 No Yes
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17th Jul 10 10 No Yes
18th Jul 2 2 No Yes
19th Jul 4 4 No Yes

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