(Lot 1) 5a Point Street,

Additional Information

• Investment Opportunity . Large office or other space on Two Floors
• Located above 5 Point Street above an Art Gallery and Estate Agents
• Point Street is located in the centre of the Town and runs parallel to Main Street
• The property has been unoccupied for some years and is in need of refurbishment, which is reflected in the Price
• Access is via a front door which is located between the Gallery to the right and an Estate Agents to the left.
• The most obvious use would be as Offices, but it could also be utilised for a Beauty Salon or similar, Warehouse etc. There is also the possibility of obtaining Planning Permission for Apartments.

We are very pleased to bring this property to the Auction Market. The property is comprised of two floors above 5 Point Street Larne, and the very long established Tommy Workman Gallery. It has been unoccupied for some years and is in need of refurbishment. The most obvious use would be as offices, but it could also be utilised for a Beauty Salon, Warehousing etc. There would also be the possibility of obtaining Planning Permission for Apartments. Access is via a front door which is located between the gallery to the right and an Estate Agents to the left.
Mid and East Antrim Borough Council has acknowledged a persistent dereliction issue" within Larne town centre during the past few years. This has been acknowledged by the Council and councillors have approved the development of a dereliction intervention strategy and will consult with Larne residents to draw up a masterplan" for Main Street, Dunluce Street and Point Street/Lower Cross Street.
A shop front improvement grant scheme for Mid and East Antrim to revitalise" town centres, including Larne, has resulted in a large number of applications across the borough for grants of up to £5,000 for improvements ranging from new signage to replacement windows and doors, repainting, and other minor repair work with considerable sums in grant assistance awarded to businesses.
As indicated the property has the potential to facilitate many uses and will also have great appeal to a Buy to Let Investor.