Marine Road, BT44

Property Details: • Type: Town House • Tenure: FREEHOLD • Floor Area: N/A

Key Features:

Location: • Nearest Station: Bangor, Northern Ireland Station • Distance to Station: 26.294293380157047 miles

Agent Information: • Address: Scottish Provident Building, Donegall Square West, Belfast, BT1 6JH

Full Description: For sale by Brian A Todd & Co Ltd via the iamsold Bidding Platform <br /> <br />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. <br /> <br />Ground Floor <br />The current property comprises of two co-joining businesses on the ground floor, a currently trading hot food take-away business and the co-joining Café (the Café is not currently trading). Both businesses are at the front of the building facing towards Carnlough bay. The back area of the ground floor consists of a kitchen and preparation area, toilet facilities and storage area. Further back there is a further preparation area, which currently hosts industrial fridges/freezers. <br /> <br />First Floor Residential Living Area <br />The first floor is accessed via a front door at the back of the property. Upon walking into the property from the ground floor back door (served separately from the commercial business), there is a hallway leading to a doorway that leads upstairs. There is a utility room to the right of the residential property"s door access, this can serve the commercial business and/or the residential property. Moving up the stairs into the residential property, there are five bedrooms, two bathrooms, a kitchen/dining area and reception room (the reception room has excellent views over Carnlough bay). The property has a further converted loft room with further potential to be extended. <br /> <br />The Property"s Future Potential <br />This property has vast potential for redevelopment of the current commercial/residential status. The current two businesses could be adapted/enhanced to create two separate business entities or to further build on the current hot food takeaway/Café set up which is currently in place. There is much potential for a revamp of this property into a successful all year-round business (with an excellent reputation of over 40 years) , with a five-bedroom residential home attached. There is also the potential to adapt the residential area into short term holiday lettings, or long-term. <br /> <br />Investment and Redevelopment <br />This property has the potential for total redevelopment of the whole property, such as several flats or townhouses. The famous Antrim coast has seen a lot of investment in recent years. Carnlough itself is going through a lot of redevelopments with investment projects underway in a few locations. <br /> <br />Out House with Further Development Opportunities <br />There is the opportunity to buy a further outhouse building with this property. This outhouse can be used as a storage facility for the businesses. Alternatively, it could be redeveloped into a further property. Furthermore, there is potential to knock this building down to create more parking spaces between the garden area, the outhouse building and the commercial/residential building. <br /> <br />Features <br />Mixed Use Business / Residential Property <br />Lpg Gas Heating <br />Upvc Double Glazing <br />Ground Floor Hot Food Business <br />Self Contained Apartment To First Floor <br />Two Reception Rooms <br />Fitted Kitchen <br />Family Bathroom - Modern White Suite <br />Five Bedrooms <br />Shower Room <br />Storage Room To Second Floor <br />Prominent Seafront Location <br />Excellent Investment Opportunity <br />EPC Rating D57 / D63 <br /> <br />To access the legal pack, please copy and paste the link below <br /> <br /> <br />TO VIEW OT MAKE A BID Contact Brian A Todd & Co Ltd or iamsold, <br />Auctioneers Comments: <br />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. <br /> <br />With this auction method, the buyer and seller must Exchange immediately, and Complete 28 days thereafter. <br /> <br />The buyer is required to make payment of a non-refundable Contract Deposit of 10% to a minimum of £6,000.00. <br /> <br />The buyer is also required to make a payment of a non-refundable, Buyer Administration Fee of 1.50% of the purchase price including VAT, subject to a minimum of £2,400.00 including VAT, for conducting the auction. <br /> <br />Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. <br /> <br />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. <br /> <br />The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.