Prominent Town Centre Property
Strabane, located approximately 15 miles south of Derry-Londonderry and 88 miles west of Belfast, is a busy market town with a district population of c.40,000 persons (2011 Census) situated on the border with Co. Donegal, and as such benefits from significant cross border trade.
The subject property occupies a highly prominent position in the town centre at the junction of Abercorn Square, Church Street, Market Street and Castle Place. Occupiers in the vicinity include, Strabane Training Services, Barry Brady Solicitors, Pattons Paints, McGuigan Opticians, Robinson Dental and Ladbrokes whilst there is also a large public carpark immediately adjacent.
The subject property comprises a purpose built two-storey (plus basement) former bank building of block and render construction with a flat roof and decorative stone cladding to the front and side elevations. There is a single storey flat roof rear and side return which leads to an enclosed yard off which is a flat roofed blockwork store.
There is stepped and ramped access to the front entrance whilst there is pedestrian access to the rear yard from Church Street.
The ground floor is arranged to provide a former banking hall with ancillary office accommodation, staff kitchen and strong room. The 1st floor provides WC facilities whilst the basement provides storage accommodation, comms room and boiler room.
Internal fitout includes:
- Plastered & painted walls.
- Part plastered, part suspended ceilings.
- Range of recessed and surface mounted fluorescent and spot lighting.
- Tiled, carpeted and vinyl floor coverings.
- Oil fired central heating.
The premises provides the following approximate net internal areas:
- Basement: 205.17 sqft (19.06 sqm).
- Ground: 1,597.92 sqft (148.45 sqm).
- First (WCs): Reflected.
The external store to the rear extends to approximately 228.71 sqft (21.25 sqm).
We are advised that the property is Freehold.
We have been advised by Land & Property Services that the Net Annual Value is £10,000, resulting in rates payable for 2022/23 of approximately £5,992.
Offers in the region of £125,000 exclusive, subject to contract.
We are advised that the property is not elected for VAT.