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- Personal Notes
- To be sold at the iOK Online Auction 21st March 2019 (iokauction.com)
- Maximum Reserve £50,000
- Lot 3
- Investment opportunity
- Vacant commercial building and mast investment to rear
- Located in town centre
- Sold subject to part tenancy
The property is located just off the village centre on Castle Street and it is adjacent to the local fire station. The surrounding area is a mix of commercial and residential.
The property comprises a single storey commercial building fronting Castle Street and to the rear of the site is the radio mast enclosure. The building to the front is of a traditional construction with a pitched galvansied roof. The dated buildings are of basic construction. The mast equipment is enclosed in a compound.
Gross Internal Area
274 sq m (2,954 sq ft)
0.21 acres (0.085 hectares)
The rear part of the property is leased to the Northern Ireland Policing Board for a term of 15 years with effect from 2013 at an initial passing rent of £7,500 per annum exclusive. The lease is subject to 5 yearly reviews which are indexed linked. The front single storey warehouse building is vacant.
EPC - G281
LocationRathfriland is a market village located in the heart of Co Down within the Armagh, Banbridge & Craigavon District Area. The village is located approximately 33 miles (53 km) southwest of Belfast and 8 miles (13 km) southeast of Banbridge.
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