Lot 5 - 2 Lonsdale Road, Lonsdale Court, Armagh, County Armagh, BT61 7HR

  • Unconditional Online Auction Sale
  • Guide Price* : £135,000
  • Substantial Ground Floor Commercial Unit
  • Extending to Circa. 2,300 sq.ft
  • Currently Generating Rental Income of Approx. £15,000 Per Annum
  • Occupied by Mix Market
  • High Rental Yield Producing Investment Opportunity
  • Positioned in the Centre of Armagh City.

Location

Armagh is a Cathedral City situated approximately 40 miles south east of Belfast and is located centrally to access both North and South of the border.

Description

A substantial ground floor commercial unit extending to Circa. 2,300 sq.ft. The property is in good condition both internally and externally and comprises of shop floor, Kitchen with Prep Area, Storage Room, Pantry and W/C. This fantastic investment opportunity offers a very high rental yield, currently let to Mix Market and generating an Annual Rent of Circa £15,000. There is ample parking space to the front of the unit for customer parking. We anticipate high demand for this Lot and recommend inspecting the premises to fully appreciate what it has to offer.


* No information, statement, description, quantity or measurement contained in any sales particulars, or given orally, or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out, issued by or on behalf of BRG Gibson Auctions Ltd, or the vendor in respect of the property shall constitute a representation, or a condition or a warranty on behalf of BRG Gibson Auctions Ltd, or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BRG Gibson Auctions Ltd, or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally, or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BRG Gibson Auctions Ltd, or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BRG Gibson Auctions Ltd, or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BRG Gibson Auctions Ltd, or the vendor.

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Sold for £183,000

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Office Contact

Chris Johnson - BRG Gibson Auctions

02890 393 966

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