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Telstar Dry Cleaners, 18 Kingsgate Street, Coleraine BT52 1LB

Guide price £35,000

Key Information

Address Telstar Dry Cleaners, 18 Kingsgate Street, Coleraine
Price Guide price £35,000
Style Commercial Property
EPC Rating E116
Status For sale

Additional Information

Occupying a prominent site in the pedestrianised zone of Coleraine town centre, this well appointed unit, although in need of complete refurbishment, is ideally suited to a wide range of retail and commercial uses (subject to Planning where required). Surrounding occupants include Vodafone and Bella Mia, indicating the desirability of this prime location.
                                            ft²             m²
Ground Floor:                     540            50.16
Front Sales Area:                 221            20.53
Rear Prep Area (1):              142            13.19
Rear Prep Area (2):              177            16.14
First Floor:    
WC and wash hand basin
2 offices/rooms plus stairwell        237            22.0    
Second Floor:
2 offices/rooms plus stairwell        237            22.0    
Rear pedestrian access to Brook Street.
We are advised by the Land & Property Services that the current NAV of the subject property is £10,500.
The Energy Performance Certificate for the subject property is available on request.
 The asking price is exclusive of but may be subject to V.A.T.
For further details and permission to view contact the selling agents
 Sol: M/s Macaulay Wray Solicitors, 35 New Row Coleraine BT52 1AH
Ref: CR4828.MP.070611


Auctioneers Comments:

This property is for sale under Traditional Auction terms. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
With this auction method, an immediate exchange of contracts takes place with completion of the purchase required to take place within 28 days from the date of exchange of contracts.
The buyer is also required to make a payment of a non-refundable, part payment 10% Contract Deposit to a minimum of £6,000.00.
In addition to their Contract Deposit, the Buyer must pay an Administration Fee to the Auctioneer of 1.80% of the final agreed sale price including VAT, subject to a minimum of £2,400.00 including VAT for conducting the auction.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
Terms and conditions apply to the traditional auction method and you are required to check the Buyer Information Pack for any special terms and conditions associated with this lot.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.