4 Bridge Street, Lisburn, BT281XZ (Freehold Property)

This auction has ended!
   
Final Bid:
£65,000.00
  • Overview
  • Particulars
  • Agent Details
  • Deposits & Charges Explained
  • Material Information

Property Overview

For sale by McClelland Salter Estate Agents via the iamsold Bidding Platform

Please note this property will be offered by online auction (unless sold prior). For auction date and time please visit iamsoldni.com. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.

We are delighted to welcome to the market this fine commercial building, ideally located at corner of Bridge Street and Market Place on Lisburns one way system with plenty of passing traffic.

Parking close by and on street available for clients. Over 3 floors, recently refurbished with gas heating and alarm system.

Current tenant unaffected. Lease due renewal March 2024.

FEATURES
Retail and office premises over 3 floors
Retail unit on the ground floor
Office and staff room on the 1st floor
2 further offices on the 2nd floor
Double glazed windows to the front
Gas heating Tenant unaffected
Lease due renewal March 2024
EPC: E

TO VIEW OR MAKE A BID Contact McClelland Salter Estate or iamsold, www.iamsoldni.com

Starting Bid and Reserve Price

*Please note all properties are subject to a starting bids price and an undisclosed reserve. Both the starting bid and reserve price may be subject to change. Terms and conditions apply to the auction, which is powered by IAM Sold Property Auctions.

Auctioneer's Comments

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

This method of auction requires both parties to Complete within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Deposit of 4.20% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Deposit is used as part-payment towards the agreed purchase price.

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

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

Referral Arrangements

The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.

Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Energy Performance Certificate (EPCs)

Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.

RETAIL UNIT FRONT:
22' 4" X 14' 3" (6.81M X 4.34M)

RETAIL UNIT TO REAR:
15' 2" X 13' 10" (4.62M X 4.22M)

OFFICE:
13' 2" X 10' 6" (4.01M X 3.20M)
With kitchenette.

STAFF ROOM:
7' 1" X 6' 7" (2.16M X 2.01M)
(at widest point) Fireplace. Toilet and shower.

OFFICE:
13' 6" X 10' 8" (4.11M X 3.25M)
Fireplace.

OFFICE:
10' 11" X 7' 2" (3.33M X 2.18M)

McClelland Salter Estate Agents

Local Branch: McClelland Salter, LISBURN, BT28 1XJ
Head Office: McClelland Salter, LISBURN, BT28 1XJ

Deposits & Charges Explained

4 Bridge Street, Lisburn, BT281XZ

This property is being sold under the Modern Method of Auction, with the successful purchaser required to pay a 2% (to a minimum of £6,000.00) non-refundable reservation deposit immediately after conclusion of the auction.

A buyers administration fee of 1.8% (including VAT) to a minimum of £2,400.00 (including VAT) is also payable by the successful winning bidder in addition to their bid.

This property is being sold under the Modern Method of Auction, which requires the completion of the purchase to be within 56 days, although all reasonable endeavours must be made to exchange contracts within 28 days following the Draft Contract being received by the Buyer's Solicitor.

Bidder Security Deposit

Where the auction is ran online, as part of the bidder registration process, a bidder security deposit of £6,000.00 is required to be pre-authorised from the Bidder's debit or credit card, through the payment facilities on the website when registering to bid.

A bidder also has the option of paying by Bank Transfer to iamsold's client account, or over the phone card payment. A bid registration will not be approved by iamsold until in receipt of the Bidder Security Deposit in cleared funds.

The pre-authorisation payment will only be captured from the successful bidder on acceptance of their bid.

Once a bid is accepted the Bidder Security Deposit will form part of the non-refundable payment reservation deposit and administration fee.

Any balance of the Reservation Deposit or administration fee, must be paid by the successful bidder to iamsold within 48 hours of acceptance of their bid.

The outstanding balance can be paid by same day Bank Transfer to iamsold's client account, or over the phone by debit or credit card.

All unsuccessful bidders will have their pre-authorisations released 7 days from the initial authorisation or card payment refunded within 5 working days of conclusion of the auction or from when iamsold is provided with the correct bank account details for the return payment.

Bidder Registration Fee

Where the auction is ran online, all bidders are required to pay a non-refundable £50.00 (inclusive of VAT) registration fee, per property that they register to bid on.

Buyer Fees

There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:

  • You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
  • Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.

 

Need More Information?

For further information or to speak to one of our team, please call 028 9560 8380.

This information is obtainable via a manual search on

Tenure

-

EPC

EPC: E

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection, measurement or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. Properties may be sold via online auction or public auction and bids made prior to public auction may be accepted by the vendors. IAM Sold and our partner auctioneer will share relevant personal information and transactional updates with each other so that we can effectively market and sell properties including the arrangement of viewings and follow up.

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