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Commercial

27-29 Cathedral Road

armagh, BT61 7QX

price £145,000

Status For Sale
Property Type Commercial
Rates
Rate information is for guidance only and may change as sources are updated.
£4,569.00
Stamp Duty
Higher amount applies when purchasing as buy to let or as an additional property
£400 / £7,650*
Typical Mortgage
Click price to use our mortgage calculator

Property Financials

Price £145,000
Rates £4,569.00

Description

CPS are delighted to have been appointed to list For Sale this commercial premises in the heart of Armagh City. The property is currently occupied by Autobits Motorstore since 1980 and will be sold with vacant possession due to relocation. The premises has been adopted and extended over the years; however would have redevelopment potential subject to any required statutory planning approvals.

LOCATION

The property is located at No. 27-29 Cathedral Road in Armagh City Centre and accessed just off the Shambles Roundabout via Lower English Street, Upper English Street and Dawson Street. The area is a mix of residential and commercial uses and has high volumes of vehicular and pedestrian passing trade.

DESCRIPTION

No. 27-29 Cathedral Road comprises a two-storey premises Circa 312.5 Sqm / 3,364 Sqft with a main shop floor, store rooms, WC facilities, offices, and has access to a shared rear yard. The property and location offer great potential for commercial, residential, or mixed-use development; subject to statutory planning approval.

RATES

As per the LPS website the NAV is £7,750 with 2024/2025 rates payable of £4,569

GUIDE PRICE

We have been instructed to seek a guide price of offers over £145,000 (One Hundred & Forty-Five Thousand Pounds)

FURTHER INFORMATION

It is advised you carry out your own due diligence on this property and for any further information, please contact our commercial team on

028 95 622 188

or commercials@cps-property.com

Property Location

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Schools GP Surgeries Bus Stations Train Stations Hospitals Post Offices Shopping Centre

Mortgage Calculator

Property Value (£)
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Interest Rate (4.5%)
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Disclaimer: The following calculations act as a guide only, and are based on a typical repayment mortgage model. Financial decisions should not be made based on these calculations and accuracy is not guaranteed. Always seek professional advice before making any financial decisions.

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