Auction Nov 26 at 11:00 AM

Guide Price £185,000

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(Lot 2) 50-52 High Street

Antrim, BT41 4DS

Mixed Use

Nov06

Open Viewing Friday 6th November

Open from 12.00PM - 12.30PM

Mixed Use

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Marketed by Savills (NI) Ltd

+44 28 9027 0000

Auction Details

Time:

Nov 26 at 11:00 AM

Lot Number:

2

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Additional Information
  • Mixed-use town centre redevelopment opportunity with planning
  • Full planning permission granted for 2 no retail units and 5 no apartments
  • Prominent former bank building positioned on High Street, Antrim
  • Grant available for conversion of 5 no apartments

Location: Antrim is a busy market town approximately 18 miles north of Belfast, benefiting from excellent road and rail connectivity via the M2 motorway and Belfast-Derry/Londonderry rail line.

The subject property occupies a prominent town centre position on Main Street, adjacent to Castle Mall Shopping Centre, with nearby occupiers including Poundstretcher, Iceland, Danske Bank and DV8.

Prominent former bank building extending to approximately 6,033 sq ft over ground and first floors, occupying a prominent high street location. The detached property benefits from full planning permission for redevelopment comprising two ground floor retail units and five first floor apartments, each with terrace access. The scheme offers an attractive mixed-use investment and development opportunity in a well-established town centre setting.

Accommodation: Total Floor Area: c. 6,033 sq ft (561 sq m)

Tenancy: Sold with vacant possession

EPC: An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - E114

Planning: Application Reference:LA03/2024/0377/F
Change of use of former ground floor bank to 2 no. retail units and change of use of first floor to 5 no. residential units including internal works and external alterations (3 no 1 bedrooms and 2 no 2 bedrooms).
Note we understand that the conversion of the first floor into 5 no apartments will benefit from a grant of £145,000 from Antrim & Newtownabbey Council as part of the Living Over The Shops' scheme (LOTS). This grant expires end of March 2027. www.antrimandnewtownabbey.gov.uk/business/support-for-businesses/living-over-the-shops-programme. Potentials bidders make their own independent enquiries in this regard.

VAT: All figures quoted are exclusive of and may therefore be liable to VAT. We understand the building is not opted for VAT.

Viewing: Contact the Savills Auction Team

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