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- Lot 11
- To be sold at the iOK Online Auction 14th October 2020 (iokauction.com)
- Maximum Reserve : £175,000
- Development opportunity (STPP)
- Part income producing - £15,000 per annum
- 2.28 acres (0.92 hectares) site with industrial units on part
- Prominent site with substantial frontage onto Shore Road
Development opportunity (STPP)
Full details can be found at:
The property comprises a brownfield development site fronting Shore Road and a number of industrial buildings. The site benefits from substantial frontage to Shore Road bounded to the north by an area of green open space, railway embankment to the east, industrial estate to the south and residential and commercial units to the west.
The property comprises the following occupiers:-
1. JP & LC Anderson (Block 1) - £8,400 per annum exc of vat.
2. Block 2 - Vacant
3. Clear Channel ( Advertising hoardings) - £3,960 + £2,640 per annum exc of vat.
The EPC's if appropriate will be provided within the Title Pack.
The site is zoned as a Major Area of Existing Employment/Industry in the Belfast Metropolitan Area Plan 2015.
We understand the property is liable for VAT.
Land and Property Services Rates Assessment
Net Annual Value (Hoardings) - £3,000
Net Annual Value (Block 1) - £25,860
Net Annual Value (Block 2) - £2,100
Rate in the pound for 2020 /2021 = £0.519426
Block 1 (Workshop/Offices/Warehouse)18,273 sq ft (1,697 sq m)
Block 2 (Warehouse) 1,655 sq ft (154 sq m)
Total Gross Internal Area 19,928 sq ft (1,851 sq m)
Total Site Area 2.28 acres (0.92 hectares)
Newtownabbey is located 8 miles north of Belfast. The area is recognised as benefiting from excellent transport links and good access to both airports as well as the seaports of Larne and Belfast.
The property is located on the eastern side of Shore Road accessed via Sanda Road and has extensive frontage onto Shore Road. The property is in close proximity to Abbeycentre.
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