PROPERTIES GOING UNDER THE HAMMER OSBORNE KING … · Email [email protected] Solicitor TLT NI LLP Scottish Provident Building 7 Donegall Square West Belfast BT1

INSTINCTIVE EXCELLENCE IN PROPERTYWWW.OSBORNEKING.COM/AUCTION

OSBORNE KING PROPERTY AUCTION

PROPERTIES GOING UNDER THE HAMMER

FRIDAY 14 JUNE 2013 11am at the Olympic Suite, Holiday Inn, Ormeau Avenue, Belfast BT2 8HS

PROP

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AUC

TION

14

JUNE

201

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John Martin FRICSAuctioneerTelephone 028 9027 0018 Mobile 07956 207702 Email [email protected]

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CITY CENTRE

WES

TLIN

K

CITY HALL

DUBL

IN R

OAD

ORMEAU AVENUE

CROM

AC S

TREE

T

CENTRAL STATION

WATERFRONTHALL

OPERAHOUSE

GREATVICTORIASTREETSTATION

QUEEN’S BRIDGE

GT VICTORIA ST

BEDFORD ST

LINENHALL ST

ADELAIDE ST

DONEGALL SQUARE

HOWARD STREET MAY STREET

EAST BRIDGE STREET

TO CITYAIRPORT

A SALE OF COMMERCIAL, RESIDENTIAL PROPERTIES, INVESTMENTS, LAND AND DEVELOPMENT OPPORTUNITIES (UNLESS PREVIOUSLY SOLD OR WITHDRAWN) ON BEHALF OF OUR CLIENTS: RECEIVERS, ADMINISTRATORS, MORTGAGEES, FINANCIAL INSTITUTIONS, PRIVATE CLIENTS AND OTHER.

The Auction will take place on Friday, 14 June 2013, at 11am at the Olympic Suite, Holiday Inn, Ormeau Avenue, Belfast BT2 8HS

Mark Carron MRICSAuctioneerTelephone 028 9027 0016Mobile 07980 999149Email [email protected]

Lisa Anderson Auction Co-ordinatorTelephone 028 9027 0041Email [email protected]

AUCTION ENQUIRIESFor all enquiries about any of the properties within the catalogue, bidding at auction or to submit a property for our next auction please contact any of the Auction Team. Telephone 028 9027 0000www.osborneking.com/auction

NEXT AUCTION: NOVEMBER 2013 (Closing date for entries October 2013)

AUCTION VENUE / CONTACTS

02

Thomas Osborne MRICSChartered Surveyor Telephone 028 9027 0036Mobile 07425 622928 Email [email protected]

OSBORNE KING IS ONE OF THE TOP 8 UK AUCTION HOUSES

Since September 2011 Osborne King have held six commercial/residential property auctions raising over £9.5 million with an exceptional overall disposal rate of 90%, considerably greater than the current UK industry sale rate reflecting 73% (source: Essential Information Group Dec 2012). Osborne King’s first auction of 2013 resulted in it’s sale of 89% raising over £1.5million following on from it’s final auction of 2012 which resulted in a 100%. Our consistent sales performance, even in this difficult market, means that Osborne King is recognised as one of the top eight UK auction houses (source EG 14 July 2012).

SOURCE: ESTATES GAZETTE 14 JULY 2012

WHY CHOOSE SALE BY AUCTION?

— Provide efficient and cost effective method of sale to a captive audience;

— Provide a legally binding, unconditional contract and a 10% non-refundable deposit paid on the day;

— Allow the property to be comprehensively market tested and sold in a transparent forum;

— Allow for the best price to be reasonably obtained in the market;

Osborne King is one of Northern Ireland’s largest independent and longest established firms of commercial property consultants. We work closely with an extensive and diverse range of clients to identify, develop and deliver property solutions tailored to their specific needs. Clients are offered a full range of property services that include:

WHY OSBORNE KING?

Investment Robert Ditty [email protected] Andrew Coggins [email protected]

Retail Colin Mathewson [email protected]

Office Robert Ditty [email protected] Harry Crosby [email protected]

Industrial Chris Sweeney [email protected]

Licensed Premises John Martin [email protected] Mark Carron [email protected]

Development Land – Mark Carron [email protected] and Residential Chris Sweeney [email protected]

Auction Mark Carron [email protected] John Martin [email protected] Property and Gareth Kimpton [email protected] Management Gareth Howell [email protected]

Professional Services /Valuation Martin McDowell [email protected] Robert Watson [email protected] David McClure [email protected]

Rating Robert Watson [email protected]

Restructuring Enforcement Gavin Clarke [email protected] and Insolvency Paul Henry [email protected]

Consultancy Paul Henry [email protected]

Energy Performance Certification Sean O’Neill [email protected] Health & Safety Compliance

SECTOR CONTACT EMAIL

03

IF YOU INTEND TO PURCHASE A PROPERTY ON THE DAY OF THE AUCTION PLEASE NOTE THE FOLLOWING:— You should arrive in good time to register and listen to the Auctioneers announcements. The auction commences at 11am sharp.

— You should ask staff for a copy of any Addendum as this will detail any changes relating to the properties.

— You should direct any questions to a member of the Auction Team or the vendors solicitor prior to the commencement of the auction. No questions will be answered during the sale.

— You should be aware that when the gavel falls and you are the successful bidder that you are under an unconditional binding contract to purchase the property.

— You should make yourself available to go the vendor’s solicitors desk to sign the unconditional contract and you will be required to pay the deposit.

PLEASE NOTE A PRIVATE PURCHASER SHOULD BE ABLE TO PROVIDE THE FOLLOWING:

— Proof of Identity: Driving Licence with Photograph or Valid Passport

— Proof of Address: Valid Driving Licence or Current Utility Bill or current Bank /Building Society Statement

Copies of these documents will be taken and retained to comply with regulatory processes.

COMPANIES MUST PROVIDE THE FOLLOWING:

The bidder must provide proof of name and address (see private purchaser) and additionally the company must provide both of the following:

— Evidence that the bidder has the authority to represent the company

— Certificate of Incorporation for the chosen company

DEPOSITImmediately after the fall of the gavel the purchaser will be required to pay a purchaser’s deposit of 10% of the agreed purchase price subject to a minimum payment of £2,500. Payments can be made as follows:

— Cheque— Bank draft— Debit Card (not credit)

Please note that cash or credit payments will not be accepted.

04

IMPORTANT AUCTION INFORMATION FOR PURCHASERS

OSBORNE KING DOES NOT CHARGE A BUYER’S PREMIUM OR ADMINISTRATION FEE

WHY AUCTION?Osborne King’s auctions demonstrate that sales can be achieved even in a challenging market which is borne out in our 90% success rate over six auctions since 2011. In addition auctions:

– PROVIDE AN EFFICIENT AND COST EFFECTIVE METHOD OF SALE TO A CAPTIVE AUDIENCE

– PROVIDE A LEGALLY BINDING UNCONDITIONAL CONTRACT AND A 10% NON-REFUNDABLE DEPOSIT PAID ON THE DAY

– ALLOW THE PROPERTY TO BE COMPREHENSIVELY MARKET TESTED AND SOLD IN A TRANSPARENT FORUM

– ALLOW FOR THE BEST PRICE TO BE REASONABLY OBTAINED IN THE MARKET

CLIENT/ VENDORSIn our last two auctions the sale instructions from private clients have increased from 4% in our first auction to 39% in our third auction as well as others which represents either Government or Trustee led instructions.

PROPERTY SECTORThe chart below outlines the type of property offered and soldby Osborne King over the last six auctions. The most popular property sector being offered for sale is now vacant residential ie. (domestic dwellings) which was largely part of large residential investment portfolios held by speculators and investors. This sector is closely followed by residential development sites and vacant commercial property.

Source: OK April 2013


SOLD90%

UNSOLD10%

AUCTION ANALYSISSuccess Rate September 2011 - March 2013

AVERAGE SALE PRICEIn the current market, sale prices are at a five-year low providing purchasers with very attractive investment /owner occupier opportunities. Following the sale of 133 out of the 149 lots offered, 84% of lots sold for less than £100,000, 14% between £100,000 - £250,000 and 2% between £250,000 - £400,000.

BETWEEN £0-£100k

84%

BETWEEN £100k- £250k

14%

BETWEEN £250k- £400k

2%

05

RECEIVER47%

PRIVATE22%

CORPORATE7%

ADMINISTRATOR9%

MORTGAGEE11%

OTHER4%

RESIDENTIAL DEVELOPMENT LAND

RESIDENTIAL VACANT

RESIDENTIALINVESTMENT

COMMERCIALINVESTMENT

LEISURE PUBHOTEL

MIXED USEINVESTMENT

COMMERCIALDEVELOPMENT LAND

COMMERCIALVACANT

AGRICULTURALLAND

29%

19%25%

13%

4%3%

1%1%

5%


LOT ORDER

01 Derryhubbert House, 27 Derryardry Lane, Dungannon, Co Armagh BT71 6NN £395,000

02 60 Birchdale Manor, Lurgan, Co Armagh BT66 7SY £57,000

03 8-10 Irish Street, Downpatrick, Co Down BT30 6BP £90,000

04 Development Opportunity at Fashoda Street / Grove Street East, Belfast, Co Down BT5 5GH £35,000

05 22 Iveagh Crescent, Belfast, Co Antrim BT12 6AW £45,000

06 3 No. Residential Buildings at Tattygare Road, Mountdrum, Co Fermanagh BT94 5GR £15,000

07 39 Keelmount Grange, Scotch Street, Portadown, Co Armagh BT62 1UE £58,000

08 6 Castle Street, Lisburn, Co Antrim BT27 4XD £40,000

09 124 Laurelbank, Belfast, Co Antrim BT17 0RX £50,000

10 Development Opportunity at 36 Oriel Road, Antrim, Co Antrim BT41 4HP £25,000

11 Development Opportunity at 92 Teagy Road / Annaghmore Road, Annaghmore, Co Armagh BT62 1LZ £15,000

12 13 Ranfurley Road, Portadown, Co Armagh BT62 3HT £30,000

13 Unit 23, 218 City Business Park, Dunmurry, Belfast, Co Antrim BT17 9HY £100,000

14 36 Keelmount Grange, Scotch Street, Portadown, Co Armagh BT62 1UE £57,000

15 67 Bachelors Walk, Lisburn, Co Antrim BT28 1XN £30,000

16 Development Opportunity at 301 Drumrane Road, Burnfoot, Dungiven, Co Londonderry, BT47 4RG £25,000

17 373 Woodstock Road, Belfast, Co Down BT6 8PU £25,000

18 63 -67 Bridge Street, Banbridge, Co Down BT32 3JL £70,000

19 Development Opportunity at Landbrock Road, Drumquilla, Newtownbutler, Co Fermanagh BT92 8EN £15,000

20 1 Springfield Crescent, Belfast, Co Antrim BT12 7EJ £35,000

21 Development Opportunity at 17 - 25 Hillsborough Road, Dromara, Co Down BT25 2BL £45,000

22 56 Hertford Crescent, Lisburn, Co Down BT28 1SQ £48,000

23 Development Opportunity at 115 Grange Road, Ballymena, Co Antrim BT42 2EJ £16,000

24 1 Eden Manor, Portadown, Co Armagh BT63 5FN £55,000

25 Development Opportunity at 197- 203 Crumlin Road, Belfast, Co Antrim BT14 7DX £100,000

26 Residential Building Site 60M South West of 113 Knowehead Road, Broughshane, Co Antrim BT43 7JD £35,000

27 24 - 30 Moygashel Row, Moygashel, Dungannon, Co Tyrone BT71 7QT £150,000

28 Ground Rent Investment, Rose Cottages, Garvaghy Road, Portadown, Co Armagh BT62 1RY £20,000

LOT NO. ADDRESS **MAX RESERVE

** The maximum reserve price is the lowest price that the vendor/our client is willing to accept for the property. Please note on the day of the auction the reserve price for each property will be set at a figure which is either lower than, or the same as the reserve published on our website and catalogue. The final reserve price is not disclosed and is between the vendor and their agent/auctioneer, however, it will not exceed the published figure.


LOT 01 DERRYHUBBERT HOUSE, 27 DERRYARDRY LANE, DUNGANNON, CO ARMAGH BT71 6NN

OS MAP

LOCATION MAP

Contact Jennifer MathewsTelephone 028 9091 8490Email [email protected]

SolicitorTLT NI LLPScottish Provident Building7 Donegall Square WestBelfast BT1 6JH

The lot details are for information and identification purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the Important Notices and Conditions of Sale. All areas indicated are approximate and therefore cannot be relied upon.

LOCATIONThe farm is located off a private laneway on Derryardry Lane which is situated approximately 1 mile (1.6 km) from Junction 13 on the M1 motorway. Junction 13 is approximately 6 miles (9.7 km) before the Moy Road junction for Dungannon town.

49 ACRES (20 HECTARES) OF LAND, DETACHED FARMHOUSE AND OUTBUILDINGS

CLOSE PROXIMITY TO JUNCTION 13 OFF THE M1 MOTORWAY

LANDS IN ONE BLOCK

SOLD WITH THE BENEFIT OF VACANT POSSESSION

DESCRIPTIONThe two storey farmhouse provides spacious living accommodation to include three bedrooms, three reception rooms, kitchen and bathroom. The house benefits from oil fired central heating, UPVC windows and an enclosed front garden. Internally the property would benefit from some modernisation.

Externally a concrete covered yard is provided to the rear of the house along with a range of outbuildings and livestock facilities as follows:

2 garages, general purpose shed, 4 bay hayshed, cattle shed 30’ x 30’, workshop and cattle crush.

LANDSThe lands extend to approximately 49 acres (20 hectares) in total and are located in one block surrounding the farm yard. The lands are currently laid down in permanent pasture and are suitable for grazing and cutting purposes.

First Floor

Bathroom3.13 m x 3.1 m (10’ 3” x 10’ 2”)Bedroom 14.22 m x 5.46 m (13’ 10” x 17’ 11”)Bedroom 24.32 m x 3.22 m (14’ 2” x 10’ 6”)Bedroom 33.93 m x 5.49 m (12’ 10” x 18’)

DEVELOPMENT OPPORTUNITY There is a derelict cottage close to the farmhouse which may permit the purchaser to build a replacement dwelling and / or a new dwelling subject to planning under PPS 21.

EPC An Energy Performance Certificate (EPC) will be available as part of legal pack and is included within the EPC appendix in the catalogue.

LAND & PROPERTY SERVICESRATES ASSESSMENT (ADVISED)Capital Value: £108,000Rates payable for 2013/2014: £864

VATAll figures quoted are exclusive of and may therefore be liable to VAT.

TITLEWe understand that the property is held Freehold. Please refer to vendor’s solicitor for Title Pack or download from the Osborne King website (www.osborneking.com/auction).

VIEWINGContact Osborne King’s Auction Team.

ACCOMMODATION (APPROXIMATE)

Ground Floor

Kitchen 3.13 m x 3.1 m (10’ 3” x 10’ 2”)Reception 13.93 m x 5.46 m (12’ 11” x 17’ 11”)Reception 23.18 m x 5.46 m (10’ 5” x 17’ 11”)Reception 34.13 m x 5.45 m (13’ 6” x 17’ 11”)

07OSBORNE KING AUCTION TEAM: 028 9027 0000

08 OSBORNE KING AUCTION TEAM: 028 9027 0000

LOT 02 60 BIRCHDALE MANOR, LURGAN, CO ARMAGH BT66 7SY

LOCATION MAP

Contact Aleric TurtleTelephone 028 9032 9801Email [email protected]

SolicitorMcCartan Turkington Breen SolicitorsChancery House, 88 Victoria StreetBelfast BT1 3GN


LOCATIONThe property is located within the popular Birchdale Manor development off the A3 Belfast Road approximately 1 mile (1.6 km) from Lurgan town centre. Lurgan is located within the Craigavon conurbation which has a population of c.95,000 and is approximately 18 miles (29 km) southwest of Belfast via the M1 motorway. The location benefits from a wide range of local shops and amenities.

MODERN END-TERRACE THREE BEDROOM TOWNHOUSE

CURRENT GROSS INCOME £5,760 PER ANNUM

IDEAL BUY TO LET OR OWNER OCCUPIER OPPORTUNITY

SOLD SUBJECT TO EXISTING TENANCY

DESCRIPTIONThis modern two storey townhouse provides three bedrooms (one en-suite) and bathroom to the first floor with a spacious kitchen /dining area, living room and WC on the ground floor. The property also benefits from oil fired central heating, UPVC windows and doors. To the rear is the garden and car parking is provided to the side/ front of the house.

TENANCYThe property is currently occupied at a rent of £480 per calendar month (including rates) for a term of 12 months with effect from 10th December 2008 (tenant overholding).

EPC An Energy Performance Certificate (EPC) will be available as part of the legal pack and is included within the EPC appendix in the catalogue.





ACCOMMODATION (AT WIDEST POINT)

Ground Floor

Kitchen/Dining2.73 m x 5.27 m (8’ 11” x 17’ 3”)

Living Room3.14 m x 4.68 m (10’ 3” x 15’ 4”)

WC/Basin

First Floor

Master Bedroom (inc en-suite)5.58 m x 3.15 m (18’ 3” x 10’ 4”)

Bedroom 23.02 m x 3.04 m (9’ 11” x 9’ 11”)

Bedroom 32.1 m x 2.89 m (6’ 10” x 9’ 6”)

Bathroom2.07 m x 2.84 m (6’ 10” x 9’ 3”)

KITCHEN


LOCATIONDownpatrick is a busy market town in Co Down and is situated approximately 21 miles (34 km) south of Belfast via the A7 and A24. The property is prominently located in the heart of the town centre on Irish Street at the junction with Market Street and Church Street. The building is adjacent to the Down Arts Centre and opposite the local Ulster Bank branch.

LOCATION MAP

OFFICE INVESTMENT OPPORTUNITY

TWO MID-TERRACE BUILDINGS


ESTIMATED RENTAL INCOME £20,000 PER ANNUM

SOLD SUBJECT TO EXISTING TENANCIES

Contact Declan GreenTelephone 028 4461 6411Email [email protected]

Solicitor McGrady Scullion Solicitors48 Street Patrick’s AvenueDownpatrick BT30 6DW


DESCRIPTIONThe building comprises primarily of two mid-terrace buildings of traditional construction. 8 Irish Street comprises plastered and painted render finish with a pitch roof. 10 Irish Street has an exposed brick finish covered with a pitched roof.

Internally the offices are well finished to include carpet flooring, suspended ceilings, painted walls and the building is serviced with an eight person lift. Ample toilet and kitchen facilities are located on each of the floors. The building benefits from a central courtyard and communal yard to the rear.

On street car parking is provided close by including Scotch Street car park which is located to the rear.

TENANCIESi Ground floor is let to Brian Feeney Solicitors for a 5 year term with effect from 1st March 2010 at a passing rent of £9,000 per annum exclusive.


Ground Floor 96 sq m (1,036 sq ft)

First Floor 105 sq m (1,129 sq ft)

Second Floor 105 sq m (1,129 sq ft)

Third Floor* 28 sq m (302 sq ft)

*unable to access

INVESTMENT OPPORTUNITYIf the first floor was let to a commercial tenant the annual income could be increased to over £20,000. Currently the charity are utilising this accommodation, therefore, no rates liability is borne by the landlord.


LAND & PROPERTY SERVICESRATES ASSESSMENT (ADVISED)Net Annual ValuesGround Floor (Offices): £6,700First Floor (Offices): £6,250Second & Third Floors (Offices): £6,350Rate in the pound for 2013/2014: £0.5956


TITLEWe understand that the property is Fee Farm Grant. Please refer to vendor’s solicitor for Title Pack or download from the Osborne King website (www.osborneking.com/auction).


ii First floor is let on an informal arrangement with a local charity organisation, however, no rent is being paid. Estimated Rental Value £6,000 per annum.

iii Second and third floors are let to Down Citizen’s Advice Bureau on a 15 year lease with effect from 1st November 2001 at a passing rentof £5,625 per annum exclusive.

LOT 03 8-10 IRISH STREET, DOWNPATRICK, CO DOWN BT30 6BP


OS MAP

LOCATION MAP

Contact Edith GowdyTelephone 028 9065 9511Email [email protected]

SolicitorKing & Gowdy Solicitors298 Upper Newtownards RoadBelfast BT4 3EJ


LOCATIONFashoda Street /Grove Street East are located off the Beersbridge and Castlereagh Roads, which are main thoroughfares in the east of the city. Belfast city centre is within 2 miles (3.2 km) from the site.

The area has seen considerable regeneration over the last five years with much new housing. The surrounding area is a popular residential location made up of a mix of mainly terrace housing and apartments. Commercial occupiers in the vicinity include Red Sky and JP Corry.

CLEARED SITE

RESIDENTIAL / COMMERCIAL DEVELOPMENT OPPORTUNITY SUBJECT TO PLANNING PERMISSION

SITE AREA 0.43 ACRES (0.17 HECTARES)

SIGNIFICANT REDEVELOPMENT WITHIN THE AREA DURING THE LAST 5 YEARS

DESCRIPTIONThe brownfield level site is rectangular in shape and presents the purchaser with an opportunity to develop the site as either residential or commercial subject to planning permission.


SITE AREA0.43 acres (0.17 hectares)

PLANNINGThe site falls within the development limit of the Draft Belfast Metropolitan Area Plan 2015 and is zoned as a Major Area of Existing Employment / Industry.

DEVELOPMENT OPPORTUNITYThe site provides a purchaser with the opportunity to develop out the site with a commercial orresidential scheme subject to planning permission.

EPC An Energy Performance Certificate (EPC) is not required.


TITLEWe understand that the property is held with Fee Farm Grant Title. Please refer to vendor’s solicitor for Title Pack or download from the Osborne King website (www.osborneking.com/auction).


LOT 04 DEVELOPMENT OPPORTUNITY AT FASHODA STREET/GROVE STREET EAST, BELFAST, CO DOWN BT5 5GH


KITCHEN

LOCATION MAP

Contact Bronagh GunnTelephone 028 9027 1349Email [email protected]

SolicitorCleaver Fulton & Rankin Solicitors50 Bedford StreetBelfast BT2 7FW


LOCATIONThe property is located on Iveagh Crescent in West Belfast close to the Falls Road and Broadway. Iveagh Crescent is a residential location in close proximity to local amenities on the Falls Road as well as The Royal Victoria Hospital, Park Centre and St Mary’s University College.

MID-TERRACE TWO-BEDROOM HOUSE


POTENTIAL GROSS INCOME £5,400 PER ANNUM

SOLD WITH THE BENEFIT OF VACANT POSSESSION DESCRIPTION

The mid-terrace two-storey house provides a kitchen and living room on the ground floor and two bedrooms and bathroom on the first floor. The property benefits from UPVC windows throughout and has gas fired central heating. To the rear is a small yard and garden area.

Bedroom 22.92 m x 2.42 m (9’ 7” x 7’ 11”)

Bathroom1.82 m x 1.75 m (5’ 11” x 5’ 9”)


LAND & PROPERTY SERVICESRATES ASSESSMENT (ADVISED)Capital Value: £85,000Rates payable 2013/2014: £593


TITLEWe understand that the property is held Long Leasehold. Please refer to vendor’s solicitor for Title Pack or download from the Osborne King website (www.osborneking.com/auction).



Ground Floor

Kitchen4.29 m x 2.44 m (14’ 1” x 8’)

Living Room3.37 m x 3.83 m (11’ x 12’ 7”)

First Floor

Bedroom 13.37 m x 3.03 m (11’ x 9’ 11”)

LOT 05 22 IVEAGH CRESCENT, BELFAST, CO ANTRIM BT12 6AW


LOCATIONThe development sites are situated in a rural location on the Tattygare Road in the townland of Mountdrum approximately 1 mile (1.6 km) north of Lisbellaw. Lisbellaw is a small village in Co Fermanagh providing a range of local amenities to the surrounding rural hinterland. The village is located on the main Belfast Road (A4) approximately 3 miles (4.8 km) from Maguiresbridge and 5 miles (8 km) from Enniskillen.

LOCATION MAP

OS MAP

FOUNDATIONS LAID IN PART

RESIDENTIAL DEVELOPMENT OPPORTUNITY FOR 3 DWELLINGS INCLUDING GARAGES



Contact Claire McCloskeyTelephone 028 9024 4951Email [email protected]

Solicitor Carson & McDowell SolicitorsMurray House, Murray StreetBelfast BT1 6DN


DESCRIPTIONThis development opportunity comprises three single dwelling sites with detached garages. The site is fairly level, rectangular in shape and benefits from an extensive road frontage of approximately 278 ft. We understand that part foundations are in place for the proposed development.

Site 3: Domestic Dwelling & GarageApplication No: L/2005/2006/FApproved January 2006

The planning permissions have expired, however, we are advised that a part foundation for each dwelling has been laid and inspected by Building Control prior to the expiry date. Interested parties are advised to make their own enquiries and obtain their own professional advice in this regard.

DEVELOPMENT OPPORTUNITYThe site provides a local builder/developer or owner occupier the opportunity to build out the existing scheme or to submit a revised planning application and develop the land (subject to planning permission).







PLANNINGWe are advised that the planning permissions on the site relate to the following planning applications:

Site 1: Domestic Dwelling & GarageApplication No: L/2005/0885/FApproved February 2006

Site 2: Domestic Dwelling & GarageApplication No: L/2005/2005/FApproved January 2006

LOT 06 3 NO. RESIDENTIAL BUILDING SITES AT TATTYGARE ROAD, MOUNTDRUM, CO FERMANAGH BT94 5GR


LOCATIONKeelmount Grange is a compact residential development in the village of Scotch Street just off the Moy Road approximately 3 miles (5 km) northwest of Portadown town centre. The settlement is located between Portadown and Moy.

LOCATION MAP

BEDROOM

MODERN THREE BEDROOM MID-TERRACE TOWNHOUSE




Contact Aleric TurtleTelephone 028 9032 9801Email [email protected]

Solicitor McCartan Turkington Breen SolicitorsChancery House, 88 Victoria StreetBelfast BT1 3GN


DESCRIPTIONThis modern mid-terrace two storey townhouse provides a living room, kitchen with utility room and downstairs WC. On the first floor there are three bedrooms and bathroom comprising a bath with shower, WC and sink. To the rear is an enclosed garden accessed via French doors. Additionally access to the rear is via a shared passageway.

Bedroom 31.97 m x 2.38 m (6’ 5” x 7’ 10”)Bathroom1.95 m x 1.97 m (6’ 5” x 6’ 5”)

TENANCYThe property is currently occupied at a rent of £433.33 per calendar month (including rates) for a term of 12 months with effect from 8th February 2012 (tenant overholding).


LAND & PROPERTY SERVICESRATES ASSESSMENT (ADVISED)Capital Value: £77,500Rates payable 2013/2014: £603





Ground Floor

Kitchen4.52 m x 2.91 m (14’ 10” x 9’ 6”)Living Room2.93 m x 4.05 m (9’ 7” x 13’ 3”)Utility/ WC/ Sink1.76 m x 2.46 m (5’ 9” x 8’)

First Floor

Bedroom 12.69 m x 3.56 m (8’ 10” x 11’ 8”)Bedroom 22.7 m x 4.22 m (8’ 10” x 13’ 10”)

LOT 07 39 KEELMOUNT GRANGE, SCOTCH STREET, PORTADOWN, CO ARMAGH BT62 1UE


LOCATIONLisburn City is located approximately 9 miles (14 km) southwest of Belfast and has a population of 71,465 according to the 2001 Census. The property commands a prominent position on Castle Street in Lisburn City Centre. Neighbouring occupiers include florists, hairdressers and opticians.

LOCATION MAP

GOAD PLAN

PROMINENT CITY CENTRE PREMISES

THREE-STOREY MID-TERRACE BUILDING

TOTAL AREA 80 SQ M (865 SQ FT)



Contact Christine FarrellTelephone 028 9127 1035Email [email protected]

Solicitor Wilson Nesbitt Solicitors33 Hamilton RoadBangor BT20 4LF


DESCRIPTIONThe mid-terrace three-storey property comprises a retail unit on ground floor with office /storage above. The building is of brick construction with rendered finish and benefits from an aluminium glazed frontage.

EPC An Energy Performance Certificate (EPC) will be available as part of the legal pack and is included within the EPC appendix in the catalogue. LAND & PROPERTY SERVICESRATES ASSESSMENT (ADVISED)Net Annual Value: £4,900Rate in the pound for 2013/2014: £0.5319 VATAll figures quoted are exclusive of and may therefore be liable to VAT. TITLEWe understand that the property is held Freehold / Long Leasehold Please refer to vendor’s solicitor for Title Pack or download from the Osborne King website (www.osborneking.com/auction). VIEWINGContact Osborne King’s Auction Team.

Ground Floor40.59 sq m (437 sq ft)

First Floor with Kitchen/WC14.59 sq m (157 sq ft)

Second Floor25.16 sq m (271 sq ft)


LOT 08 6 CASTLE STREET, LISBURN, CO ANTRIM BT27 4XD


LOCATIONThe property is located in West Belfast in a residential development just off the Bell Steeple Road close to the junction with Pembrooke Loop Road.

LOCATION MAP

KITCHEN

MID-TERRACE FOUR BEDROOM HOUSE





Solicitor Cleaver Fulton & Rankin Solicitors50 Bedford StreetBelfast BT2 7FW


DESCRIPTIONThe mid-terrace two storey house provides a kitchen /dining area, lounge, utility room, WC on the ground floor with four bedrooms and bathroom on the first floor. The house benefits from oil fired central heating and an enclosed yard and garden area to the rear. Car parking is provided to the front of the property.


Ground Floor

Lounge5.88 m x 3.18 m (17’ x 10’ 5”)Kitchen/Dining Room3.26 m x 6.41 m (10’ 8” x 21’)Utility Room1.97 m x 1.2 m (6’ 6” x 3’ 11”)WC/Sink

First Floor

Bathroom2.69 m x 2.03 m (8’ 10” x 6’ 7”)Bedroom 14.7 m x 3 m (15’ 5” x 9’ 10”)

Bedroom 23.36 m x 3.23 m (11’ x 10’ 7”)Bedroom 32.2 m x 3.25 m (7’ 2” x 10’ 8”)Bedroom 43.6 m x 3.32 m (11’ 10” x 10’ 11”) EPC An Energy Performance Certificate (EPC) will be available as part of the legal pack and is included within the EPC appendix in the catalogue. LAND & PROPERTY SERVICESRATES ASSESSMENT (ADVISED)Capital Value: £82,500Rates payable for 2013/2014: £575 VATAll figures quoted are exclusive of and may therefore be liable to VAT. TITLEWe understand that the property is held Freehold. Please refer to vendor’s solicitor for Title Pack or download from the Osborne King website (www.osborneking.com/auction). VIEWINGContact Osborne King’s Auction Team.

LOT 09 124 LAURELBANK, BELFAST, CO ANTRIM BT17 0RX


LOCATIONAntrim is an expanding provincial town approximately 20 miles (32 km) north west of Belfast. The town enjoys excellent transport links as a result of its proximity to the M2 motorway networks and the International Airport. The site is located on Oriel Road which is an established medium density residential area approximately 1 mile (1.6 km) from Antrim town centre and can be easily accessed via the A6 Randalstown Road or A26 Ballymena Road.

LOCATION MAP

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CLEARED SITE


PLANNING PERMISSION PREVIOUSLY APPROVED FOR TWO DETACHED DWELLINGS AND GARAGE


Contact Tomás McLaughlinTelephone 028 9031 4466Email [email protected]

Solicitor A & L Goodbody 6th Floor, 42- 46 Fountain StreetBelfast BT1 5EF


DESCRIPTIONThis is a cleared 0.2 acre (0.08 hectares) site, rectangular in shape fronting the Oriel Road.



PLANNINGThe site previously had planning permission for the construction of 2 No. detached dwellings and 1 No. garage, however this planning permission has now expired (Planning Ref: T/2006/0422/F).

DEVELOPMENT OPPORTUNITYThe site provides a local builder/developer or owner occupier the opportunity to submit a revised planning application and develop the land (subject to planning permission).

EPC An Energy Performance Certificate (EPC) is not required. VATAll figures quoted are exclusive of and may therefore be liable to VAT. TITLEWe understand that the property is held on a Absolute Title. Please refer to vendor’s solicitor for Title Pack or download from the Osborne King website (www.osborneking.com/auction). VIEWINGContact Osborne King’s Auction Team.

LOT 10 DEVELOPMENT OPPORTUNITY AT 36 ORIEL ROAD, ANTRIM, CO ANTRIM BT41 4HP


LOCATIONThe site is located on the junction of Teagy Road and Annaghmore Road in Annaghmore. Annaghmore is a hamlet and townland near Loughgall in County Armagh and is located approximately 2 miles (3.2 km) from junction 13 of the M1 motorway on the B131. Dungannon is located approximately 10 miles (16 km) heading west on the M1 and Belfast approximately 36 miles (58 km) via the M1 heading west.

LOCATION MAP

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CLEARED SITE

DEVELOPMENT OPPORTUNITY (SUBJECT TO PLANNING PERMISSION)



Contact Leo BrownTelephone 028 9024 5034Email [email protected]

Solicitor Elliott Duffy Garrett Solicitors 2nd Floor, Royston House34 Upper Queen StreetBelfast BT1 6FD

The lot details are for information and identification purposes only and do not constitute part of the auction contract. Prospective buyers are advised to read the Important Notices and Conditions of Sale. All areas indicated are approximate and therefore cannot be relied upon

DESCRIPTIONThe cleared development opportunity is a triangular shaped site and is relatively level with good dual road frontage.

DEVELOPMENT OPPORTUNITYThe site would suit an owner occupier to build a single house or compact scheme subject to planning permission.

EPCAn Energy Performance Certificate (EPC) is not required.






PLANNINGThe development opportunity falls within Annaghmore development limit as set out in the Armagh Area Plan 2004.

LOT 11 DEVELOPMENT OPPORTUNITY AT 92 TEAGY ROAD / ANNAGHMORE ROAD, ANNAGHMORE, CO ARMAGH BT62 1LZ


LOCATIONPortadown has a population of c.30,000 people and is situated approximately 30 miles (48 km) southwest of Belfast. The house is located on the periphery of the town centre close to Millington Primary School.

LOCATION MAP

REAR ASPECT

END-TERRACE THREE BEDROOM HOUSE


IDEAL BUY TO LET OWNER OCCUPIER OPPORTUNITY


Contact Michael HarrisonTelephone 028 9057 3573Email [email protected]

Solicitor Hewitt & Gilpin Solicitors LtdThomas House, 14 -16 James Street SouthBelfast BT2 7GA


DESCRIPTIONThree bedroom end-terrace two-storey house with garden to rear. The house provides a kitchen, bathroom and lounge on the ground floor with three bedrooms on the first floor. The house has oil fired central heating and would benefit from some modernisation.

Ground Floor

Lounge 3.8 m x 3.8 m (12’ 5” x 12’ 5”)

Kitchen 3.03 m x 2.3 m (9’ 11” x 7’ 6”)

Bathroom 1.86 m x 2.31 m (6’ 1” x 7’ 6”)

First Floor

Bedroom 14.75 m x 2.8 m (15’ 7” x 9’ 2”)

Bedroom 23.3 m x 2.95 m (10’ 10” x 9’ 8”)

Bedroom 32.76 m x 2.23 m (9’ x 7’ 4”) TENANCYThe property is currently occupied at a rent of £390 per calendar month (inclusive of rates) for a term of 12 months with effect from 1st November 2011.


EPC An Energy Performance Certificate (EPC) will be available as part of the legal pack and is included within the EPC appendix in the catalogue. LAND & PROPERTY SERVICESRATES ASSESSMENT (ADVISED)Capital Value: £47,000Rates payable for 2013/2014: £366 VATAll figures quoted are exclusive of and may therefore be liable to VAT. TITLEWe understand that the property is held Freehold / Long Leasehold. Please refer to vendor’s solicitor for Title Pack or download from the Osborne King website (www.osborneking.com/auction). VIEWINGContact Osborne King’s Auction Team.

LOT 12 13 RANFURLEY ROAD, PORTADOWN, CO ARMAGH BT62 3HT


LOCATIONThe unit is conveniently located within City Business Park off the Creighton Road /McKinstry Road Roundabout. The established business park is strategically located approximately 6 miles (9.6 km) south of Belfast City Centre and provides easy access to the M1 motorway via Junction 3 and Lisburn City to the south, which is 3 miles (4.8 km) away.

Adjoining occupiers include the Northern Ireland Fire Service and Ambulance Service, Lease Options and Arc Lighting Matters.

LOCATION MAP

INTERNAL PHOTO

MODERN SELF-CONTAINED WAREHOUSE / BUSINESS UNIT

GROSS INTERNAL AREA 415 SQ M (4,474 SQ FT)

LOCATED IN ESTABLISHED BUSINESS PARK IN CLOSE PROXIMITY TO M1 MOTORWAY


Contact Bronagh GunnTelephone: 028 9027 1349Email [email protected]

Solicitor Cleaver Fulton & Rankin Solicitors50 Bedford StreetBelfast BT2 7FW


DESCRIPTIONThe unit is of steel portal frame construction and provides a warehouse on the ground floor with an eaves height of 7.6 m and is finished to include blockwork walls, smooth concrete floors, electric roller shutter door and gas heating system.

The two upper floors can be accessed separately providing a number of offices and studio space along with ancillary stores, kitchen facilities and WCs. Internal finishes include a mix of wooden strip / carpet flooring, plastered /painted walls, suspended ceilings with recessed fluorescent lighting, gas fired central heating and burglar /fire alarm system.

Externally a number of car parking spaces are provided to the front of the unit with extensive communal car parking provided on site.


Ground Floor190.9 sq m (2,055 sq ft)

First Floor121.84 sq m (1,311 sq ft)

Second Floor102.92 sq m (1,108 sq ft)

EPC An Energy Performance Certificate (EPC) will be available as part of the legal pack and is included within the EPC appendix in the catalogue. LAND & PROPERTY SERVICESRATES ASSESSMENT (ADVISED)Net Annual Value: £9,650Rate in the pound for 2013/2014: £0.5319 SERVICE CHARGEWe are advised that the current on account service charge budget for the unit for the year ending 31 January 2014 is £1,374.38.

VATAll figures quoted are exclusive of and may therefore be liable to VAT. TITLEWe understand that the property is held Long Leasehold. Please refer to vendor’s solicitor for Title Pack or download from the Osborne King website (www.osborneking.com/auction). VIEWINGContact Osborne King’s Auction Team.

LOT 13 UNIT 23, 218 CITY BUSINESS PARK, DUNMURRY, BELFAST, CO ANTRIM BT17 9HY


KITCHEN

LOCATION MAP

Contact Gareth PlanckTelephone 028 9023 0007Email [email protected]

SolicitorArthur Cox SolicitorsCapital House, 3 Upper Queen StreetBelfast BT1 6PU


LOCATIONKeelmount Grange is a compact residential development in the village of Scotch Street just off the Moy Road approximately 3 miles (5 km) northwest of Portadown town centre. The settlement is located between Portadown and Moy.

MODERN THREE BEDROOM MID-TERRACE TOWNHOUSE





Ground Floor

Kitchen2.92 m x 4.53 m (9’ 7” x 14’ 10”)

Living Room2.97 m x 4.07 m (9’ 9” x 13’ 4”)

Utility/WC/Sink1.77 m x 1.49 m (5’ 10” x 4’ 10”)

Downstairs WC

First Floor

Bathroom2.09 m x 1.95 m (6’ 10” x 6’ 4”)

Bedroom 12.72 m x 3.59 m (8’ 11” x 11’ 9”)

Bedroom 22.71 m x 4.28 m (8’ 11” x 14’ 0”)

Bedroom 32.39 m x 2.07 m (7’ 10” x 6’ 10”)

DESCRIPTIONThis modern mid-terrace two storey townhouse provides a living room, kitchen with utility room and downstairs WC. On the first floor there are three bedrooms and bathroom comprising a bath with shower over, WC and sink. To the rear is an enclosed garden accessed via French doors. Additional access to the rear is via a shared passageway.

EPC An Energy Performance Certificate (EPC) will be available as part of the legal pack and is included within the EPC appendix in the catalogue. LAND & PROPERTY SERVICESRATES ASSESSMENT (ADVISED)Capital Value: £77,500Rates payable 2013/2014: £603 VATAll figures quoted are exclusive of and may therefore be liable to VAT. TITLEWe understand that the property is held Freehold. Please refer to vendor’s solicitor for Title Pack or download from the Osborne King website (www.osborneking.com/auction). VIEWINGContact Osborne King’s Auction Team.

LOT 14 36 KEELMOUNT GRANGE, SCOTCH STREET, PORTADOWN, CO ARMAGH BT62 1UE


LOCATIONLisburn City is located approximately 9 miles (14 km) southwest of Belfast and has a population of 71,465 according to the 2001 Census. The property is located on Bachelors Walk in Lisburn City Centre close to Bow Street Mall. The property has a prominent frontage onto Bachelors Walk. Neighbouring occupiers include solicitors, dentists and insurance companies.

LOCATION MAP

LIVING ROOM

PROMINENT SELF-CONTAINED COMMERCIAL BUILDING

MID-TERRACE 2½ STOREY BUILDING EXTENDING TO 110 SQ M (1,189 SQ FT)




Solicitor King & Gowdy Solicitors298 Upper Newtownards RoadBelfast BT4 3EJ


DESCRIPTIONThe mid-terrace 2½ storey property comprises a self-contained office building in need of renovation. The building has a painted rendered finish and a pitched slate roof. The property benefits from a small enclosed rear yard with on street parking to the front.


LAND & PROPERTY SERVICESRATES ASSESSMENT (ADVISED)Net Annual Value: £4,350Rate in the pound for 2013/2014: £0.5319




LOT 15 67 BACHELORS WALK, LISBURN, CO ANTRIM BT28 1XN


Ground Floor (with kitchen and WC)54 sq m (575 sq ft)

First Floor (with WC)33 sq m (357 sq ft)

Second Floor 24 sq m (257 sq ft)


LOCATIONBurnfoot is a village on the northern outskirts of Dungiven approximately 5 miles (8 km) south of Limavady. Burnfoot is part of Limavady Borough Council.

LOCATION MAP

RESIDENTIAL DEVELOPMENT OPPORTUNITY

FULL PLANNING PERMISSION FOR 10 DWELLINGS



Contact Sean CareyTelephone 028 2766 2104Email [email protected]

Solicitor Greer Hamilton & Gailey Inc Murphy Carey, 27 High StreetBallymoney BT53 6DP


DESCRIPTIONThe cleared site is irregular in shape with good frontage and access onto the Drumrane Road.


SITE AREA 0.83 acres (0.33 hectares)

DEVELOPMENT OPPORTUNITYThe site provides a local developer to build out the existing ready to go scheme or to submit a revised application and develop the land (subject to planning).





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LOT 16 DEVELOPMENT OPPORTUNITY AT 301 DRUMRANE ROAD, BURNFOOT, DUNGIVEN, CO LONDONDERRY BT47 4RG

PLANNINGThe site has full planning permission for 10 semi-detached dwellings which was approved on 23rd April 2009 (Planning Ref: B/2007/0099/F). The site is within the local development limit as outlined in the Northern Area Plan 2016 - Draft Plan. The site is not designated for a specific use.


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LOCATION MAP


SolicitorKing & Gowdy Solicitors298 Upper Newtownards RoadBelfast BT4 3EJ


LOCATIONThe property is situated in East Belfast in a prominent position on the Woodstock Road within 1 mile (2 km) of Belfast City Centre. This location provides easy access to the motorway network, city centre and East Belfast. Nearby occupiers include Danske Bank and McClean’s Bookmakers.

PROMINENT SELF-CONTAINED COMMERCIAL BUILDING


MID-TERRACE THREE-STOREY BUILDING 77 SQ M (828 SQ FT)


DESCRIPTIONThe mid-terrace three-storey property comprises a self contained office building with mainly double glazed windows throughout. The building is of traditional red brick construction covered with a pitched slate roof. The property benefits from an enclosed yard to the rear and a small concrete area to the front.

The ground floor comprises a reception area, kitchen and WC to the rear with a small office located at the front of the premises. The first and second floors each comprise two offices finished with carpeted floors and papered walls. On the first floor are WC /shower facilities. The premises benefit from gas central heating.

Second Floor22.5 sq m (242 sq ft)


LAND & PROPERTY SERVICESRATES ASSESSMENT (ADVISED)Net Annual Value: £4,550Rate in the pound for 2013/2014: £0.6004


TITLEWe understand that the property is held by way of Long Leasehold subject to nominal ground rent. Please refer to vendor’s solicitor for Title Pack or download from the Osborne King website (www.osborneking.com/auction).



Ground Floor (with kitchen)29.5 sq m (317 sq ft)First Floor (with WC/shower)25.0 sq m (269 sq ft)

LOT 17 373 WOODSTOCK ROAD, BELFAST, CO DOWN BT6 8PU


LOCATIONBanbridge is located approximately 25 miles (40 km) south west of Belfast and easily accessible via the A1 dual carriageway. The properties are situated on Bridge Street which merges with Newry Street within the town’s commercial centre.

LOCATION MAP

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COMMERCIAL/RESIDENTIAL REDEVELOPMENT OPPORTUNITY

NET INTERNAL AREA 250 SQ M (2,696 SQ FT)

TWO TERRACE BUILDINGS WITH ADJOINING SITE


Contact Joe MooreTelephone: 028 9055 3300Email [email protected]

Solicitor Tughans SolicitorsMarlborough House, 30 Victoria StreetBelfast BT1 3GS

DESCRIPTIONThese two interconnected properties benefit from a large tarmac area to the rear and side creating on site car park facilities. Currently the properties comprise two office buildings of traditional block construction with a mixture of brick and glazed frontage. Internally the accommodation is finished to include plastered, painted and papered walls and a mix of wooden and carpeted floor coverings.

We are advised by the Northern Ireland Environment Agency that the properties are B1 listed.



Ground Floor65.68 sq m (707 sq ft)

First Floor74.04 sq m (797 sq ft)

Second Floor :94.94 sq m (1,022 sq ft)

Third Floor15.88 sq m (170 sq ft)

Total Site Area0.22 acres (0.09 hectares)

PLANNINGThe property benefits from 2 full planning permissions.

i Application Ref: Q/2005/1219/F Full planning permission has been granted for redevelopment of the site to provide 2 retail units,14 apartments and car parking.

ii Application Ref: Q/2005/1236/LB This is a Listed Building Consent application which has had consent granted.

The proposal relates to alterations and the extension to the existing building to provide 2 retail units, 6 apartments and the creation of a new building to the rear to provide 8 apartments.

All prospective purchasers are advised to make their own enquiries in relation to the planning applications. Plans are available upon request.


LAND & PROPERTY SERVICESRATES ASSESSMENT (ADVISED)Ground – Third Floor OfficesNet Annual Value: £14,700Rate in the pound for 2013/2014: £0.6090




LOT 18 63-67 BRIDGE STREET, BANBRIDGE, CO DOWN BT32 3JL


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LOCATION MAP

Contact James McMullanTelephone 028 9055 3300Email [email protected]

SolicitorTughans SolicitorsMarlborough House, 30 Victoria StreetBelfast BT1 3GS


LOCATIONNewtownbutler is a small village in Co Fermanagh close to the border with the Republic of Ireland. It is approximately 6 miles (9.6 km) south of Lisnaskea and 5 miles (8 km) west of Clones. The site fronts onto the Landbrock Road to the south of the village centre towards Wattlebridge.

RESIDENTIAL DEVELOPMENT OPPORTUNITY ON PART



DESCRIPTIONThe land is a triangular undeveloped greenfield site with road frontage of approximately 235m (770 ft) onto the Landbrock Road.



PLANNINGWe understand that approximately 1.4 acres (0.5 hectares) of the subject lands are within the development limit for Newtownbutler while the remaining 1.3 acres (0.5 hectares) are outside of the development limit. The site does not benefit from any specific planning permission at present.

DEVELOPMENT OPPORTUNITYThe site would be suitable for a single dwelling or local developer to develop the site in part subject to planning permission.

EPC An Energy Performance Certificate (EPC) is not required. VATAll figures quoted are exclusive of and may therefore be liable to VAT. TITLEWe understand that the property is held Freehold. Please refer to vendor’s solicitor for Title Pack or download from the Osborne King website (www.osborneking.com/auction). VIEWINGContact Osborne King’s Auction Team.

LOT 19 DEVELOPMENT OPPORTUNITY AT LANDBROCK ROAD, DRUMQUILLA, NEWTOWNBUTLER, CO FERMANAGH BT92 8EN


LIVING ROOM

LOCATION MAP


SolicitorCleaver Fulton & Rankin Solicitors50 Bedford StreetBelfast BT2 7FW


END-TERRACE TWO-BEDROOM HOUSE




LOCATIONThe house is located on Springfield Crescent in West Belfast just off the Springfield Road. Springfield Crescent is a residential street in closeproximity to local amenities on the Springfield road and Falls Road as well as The Royal Victoria Hospital, Park Centre and Street Mary’s University College.


Ground Floor

Living Room4.05 m x 2.86 m (13’ 3” x 9’ 4”)

Reception Room4.01 m x 2.43 m (13’ 2” x 8’)

Kitchen3.21 m x 1.56 m (10’ 6” x 5’ 1”)

DESCRIPTIONThis two storey end-terrace house provides two reception rooms and kitchen on the ground floor with two bedrooms and shower room on the first floor. The property benefits from oil fired central heating, gravelled area to the front and a small rear yard. The property requires some modernisation.

First Floor

Bedroom One3.48 m x 2.89 m (11’ 5” x 9’ 6”)

Bedroom Two2.75 m x 2.42 m (9’ x 7’ 11”)

Shower Room / WC1.48 m x 1.52 m (4’ 10” x 5’)






LOT 20 1 SPRINGFIELD CRESCENT, BELFAST, CO ANTRIM BT12 7EJ


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LOCATION MAP


SolicitorA & L Goodbody6th Floor, 42 - 46 Fountain StreetBelfast BT1 5EF


LOCATIONDromara is a village located approximately 12 miles (19 km) south of Lisburn and 5.5 miles (9 km) west of Ballynahinch in Co Down. The site fronts onto the Hillsborough Road and is a short distance from Dromara Primary School.

DEVELOPMENT SITE WITH FULL PLANNING PERMISSION FOR 2 COMMERCIAL UNITS AND 2 APARTMENTS



DESCRIPTIONThe site has been cleared except for a small garage/lock up which is still located on the site.It is fairly regular in terms of shape and slopes slightly from the road towards the rear of the site. There is a frontage of 144 feet (44 m) onto Hillsborough Road.



PLANNINGPart of the site benefits from planning permission for the construction of two shop /office units on the ground floor and two 2 bedroom apartments on the first floor. Planning reference S/2010/0420/F (approval 6 october 2010).

EPC An Energy Performance Certificate (EPC) is not required. VATAll figures quoted are exclusive of and may therefore be liable to VAT. TITLEWe understand that the property is held on an Absolute Title. Please refer to vendor’s solicitor for Title Pack or download from the Osborne King website (www.osborneking.com/auction). VIEWINGContact Osborne King’s Auction Team.

DEVELOPMENT OPPORTUNITY The site provides a local builder/developer the opportunity to build out the existing scheme or to submit a revised application (subject to planning).

LOT 21 DEVELOPMENT OPPORTUNITY AT 17-25 HILLSBOROUGH ROAD, DROMARA, CO DOWN BT25 2BL


LOCATIONLisburn is located 7 miles (11 km) southwest of Belfast and recently achieved city status. Lisburnis a major employment hub and has a population of over 70,000 according to the 2011 Census. The property is located 2 miles (3 km) from the town centre adjacent to Knockmore Primary School.

LOCATION MAP

END-TERRACE THREE BEDROOM TOWNHOUSE




Contact Michael HarrisonTelephone: 028 9057 3573Email [email protected]

Solicitor Hewitt & Gilpin Solicitors LtdThomas House, 14-16 James Street SouthBelfast BT2 7GA


DESCRIPTIONThis is an end-terrace two-storey townhouse with front driveway and rear yard. The house provides a kitchen and lounge on the ground floor with three bedrooms and bathroom on the first floor. The house benefits from oil fired central heating, UPVC double glazed windows and doors throughout.


Ground Floor

Kitchen4.88 m x 2.57 m (16’ x 8’ 5”)Lounge4.56 m x 3.27 m (14’ 11” x 10’ 9”)Bathroom1.8 m x 1.69 m (5’ 11” x 5’ 6”)

First Floor

Bedroom 12.96 m x 3.5 m (9’ 9” x 11’ 6”)Bedroom 22.38 m x 3.72 m (7’ 10” x 12’ 2”)Bedroom 32.44 m x 2.82 m (8’ x 9’ 3”)

TENANCYThe property is currently occupied at a rent of £425 per calendar month (inclusive of rates) for a term of 12 months with effect from 1 November 2010 (tenant overholding).

EPCAn Energy Performance Certificate (EPC) will be available as part of the legal pack and is included within the EPC appendix in the catalogue.



TITLEWe understand that the property is held Freehold /Long Leasehold. Please refer to vendor’s solicitor for Title Pack or download from the Osborne King website (www.osborneking.com/auction).

VIEWINGContact Osborne King Auction Team.

LOUNGE

LOT 22 56 HERTFORD CRESCENT, LISBURN, CO DOWN BT28 1SQ


LOCATIONBallymena is one of Northern Irelands largest provincial towns located approximately 29 miles (47 km) north west of Belfast. The site is located approximately 2 miles (3.2 km) south west of Ballymena town centre, with access from both Grange Road and Grangegorm Drive.

LOCATION MAP

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RESIDENTIAL DEVELOPMENT OPPORTUNITY


PLANNING PERMISSION PREVIOUSLY APPROVED FOR FIVE APARTMENTS



Solicitor A & L Goodbody 6th floor, 42- 46 Fountain StreetBelfast BT1 5EF


DESCRIPTIONThe site comprises 0.2 acres (0.08 hectares) of land which includes a derelict detached cottage.



PLANNINGThe site lies within the development limit of the Ballymena Area Plan (1986-2001) and has no specific zoning. A planning application (G/2007/0048/RM) was approved on 2 May 2008 for the erection of 5 no. apartments, however this has now expired.

DEVELOPMENT OPPORTUNITYThe site provides a local builder /developer or owner occupier the opportunity to submit a revised planning application and develop the site (subject to planning).



TITLEWe understand that the property is held on an Absolute Title. Please refer to vendor’s solicitor for Title Pack or download from the Osborne King website (www.osborneking.com/auction). VIEWINGContact Osborne King’s Auction Team.

LOT 23 DEVELOPMENT OPPORTUNITY AT 115 GRANGE ROAD, BALLYMENA, CO ANTRIM BT42 2EJ


TENANCYThe property is currently occupied at a rent of £90 per week (exclusive of rates) for a term of 12 months with effect from 1 June 2013. The tenant is liable for the rates liability.


LAND & PROPERTY SERVICESRATES ASSESSMENT (ADVISED)Capital Value: £75,000Rates Payable 2013/2014: £584




LOCATIONPortadown has a population of c.30,000 people and is situated approximately 30 miles (48 km) southwest of Belfast. The house is conveniently located on the edge of Portadown town centre close to all local amenities. Eden Manor is just off Bridge Street close to Edenvilla Park.

LOCATION MAP

KITCHEN

TWO BEDROOM DETACHED BUNGALOW


CURRENT INCOME £4,680 PER ANNUM EXCLUSIVE


Contact Leo BrownTelephone 028 9024 5034Email [email protected]

Solicitor Elliott Duffy Garrett Solicitors 2nd Floor Royston House34 Upper Queen StreetBelfast BT1 6FD


DESCRIPTIONThe property comprises a two bedroom detached bungalow in a modern development. The house provides a kitchen, living room, two bedrooms and shower room. The house benefits from oil fired central heating and UPVC double glazed windows and doors throughout. To the rear is an enclosed yard accessed from the kitchen or the side of the property. Car parking is provided to the front.

ACCOMMODATION

Lounge3.59 m x 3.93 m (11’ 9” x 12’ 11”)Kitchen4.52 m x 2.91 m (14’ 10” x 9’ 6”)Shower Room / WC2.05 m x 1.71 m (6’ 9” x 5’ 7”)Bedroom 13.4 m x 3.2 m (11’ 2” x 10’ 6”)Bedroom 22.67 m x 2.8 m (8’ 9” x 9’ 2”)

LOT 24 1 EDEN MANOR, PORTADOWN, CO ARMAGH BT63 5FN


The site is located within the development in the Draft Belfast Metropolitan Area 2015 and is partly designated as shopping /commercial and part no zoning.

DEVELOPMENT OPPORTUNITYThe development site provides a developer with the opportunity to build out the subject scheme or an alternative scheme (subject to planning permission).

EPC An Energy Performance Certificate (EPC) is not required. VATAll figures quoted are exclusive of and may therefore be liable to VAT. TITLEWe understand that the property is held Freehold /Long Leasehold. Please refer to vendor’s solicitor for Title Pack or download from the Osborne King website (www.osborneking.com/auction). VIEWINGContact Osborne King’s Auction Team.

LOCATIONThe site is located fronting the Crumlin Road with return frontage onto Albertville Drive in North Belfast and is approximately 1 mile (1.6 km) north of Belfast city centre. Crumlin Road is located close to the Westlink and motorway network, which links Belfast to the north and west of the province. The site is located in close proximity to the Mater Hospital in a high density residential area of the city which is serviced with a variety of local amenities.

LOCATION MAP

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MIXED USE DEVELOPMENT OPPORTUNITY

PLANNING PERMISSION PREVIOUSLY PASSED FOR 38 APARTMENTS AND 4 RETAIL UNITS



Contact Patrick O’HanlonTelephone 028 9031 4466Email [email protected]

Solicitor A & L Goodbody6th Floor, 42-46 Fountain StreetBelfast BT1 5EF


DESCRIPTIONThis is a cleared rectangular shaped site with a road frontage to the Crumlin Road of c.43 m (141 ft).



PLANNINGThe site had planning permission for four ground floor retail units and 38 apartments comprising a mix of one and two bed apartments. (Planning Ref: Z/06/1320/F). This has now expired.

LOT 25 DEVELOPMENT OPPORTUNITY AT 197-203 CRUMLIN ROAD, BELFAST, CO ANTRIM BT14 7DX


DESCRIPTIONThe single dwelling site extends to approximately 0.38 acres in total and sits on an elevated position. The site is irregular in shape with foundations for the proposed dwelling in place.

LOCATIONThis rural site is located off the Knowehead Road in Broughshane, Co Antrim and is approached via a shared laneway. The site benefits from its rural setting, however local amenities are provided nearby in the village of Broughshane approximately 2 miles (3.2 km) to the south and Ballymena 5 miles (8 km) to the south east.

LOCATION MAP

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SITE FOR SINGLE DWELLING AND GARAGE



Contact James McMullanTelephone 028 9055 3300Email [email protected]

Solicitor Tughans SolicitorsMarlborough House, 30 Victoria StreetBelfast BT1 3GS




PLANNINGWe understand that the site had planning permission approved in November 2007 under a Reserved Matters Application (G/2007/0608/RM) for a single dwelling and garage.

We are advised that Planning Service has confirmed in writing that development has commenced on site within the requisite time limit. Interested parties are advised to make their own enquiries and obtain their own professional advice in this regard.

DEVELOPMENT OPPORTUNITYThe site provides a local builder or owner occupier the opportunity to build out the dwelling.





LOT 26 RESIDENTIAL BUILDING SITE AT 60M SOUTH WEST OF 113 KNOWEHEAD ROAD, BROUGHSHANE, CO ANTRIM BT43 7JD


EPCAn Energy Performance Certificate (EPC) will be available as part of the legal pack and is included within the EPC appendix in the catalogue.

LAND & PROPERTY SERVICESRATES ASSESSMENT (ADVISED)Capital Values / Rates Payable (2013/2014)

No. 24 £75,000 £482No. 25 £75,000 £482No. 26 (exempt) £0 £0 No. 28 £82,500 £530No. 29 £100,000 £642No. 30 £100,000 £642




TENANCIESFive of the houses are currently let out at rental levels ranging from £346 - £411 per month each. Potential gross annual income approximately £28,800 exclusive.

No. 24 - £346.66 per monthNo. 25 - £411.66 per monthNo. 26 - VacantNo. 28 - £411.66 per monthNo. 29 - £411.66 per monthNo. 30 - £411.66 per month

LOCATIONThe properties are located adjacent to the Linen Green Designer Village in Moygashel village, which is approximately 1 mile (1.6 km) south of Dungannon town centre. Moygashel is close to Junction 15 of the M1 motorway and is 40 miles (64 km) southwest of Belfast.

LOCATION MAP

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RESIDENTIAL INVESTMENT OPPORTUNITY

SIX TERRACE HOUSES

CURRENT GROSS ANNUAL INCOME £23,920 APPROXIMATELY

POTENTIAL GROSS ANNUAL INCOME £28,800 APPROXIMATELY



Solicitor King & Gowdy Solicitors298 Upper Newtownards RoadBelfast BT4 3EJ


DESCRIPTIONThe property comprises a parade of six terrace houses of traditional construction covered with a pitched slate roof. Only No. 26 is currently vacant and requires internal redecoration. The houses have oil fired central heating and benefit from enclosed yards to the rear. Please note the houses are B1 Listed.

ACCOMMODATION

No. 24 Occupied2 bedroom end terrace house

No. 25 Occupied2 bedroom mid terrace house

No. 26 Vacant3 bedroom mid terrace house



No. 30 Occupied3 bedroom end terrace house

LOT 27 24-30 MOYGASHEL ROW, MOYGASHEL, DUNGANNON, CO TYRONE BT71 7QT


DESCRIPTIONThe subject investment comprises approximately 59 ground rents in a modern residential development.

LOCATIONThe investment opportunity is located in Portadown, Co. Armagh. Rose Cottages development is located north of the town centre just off the Garvaghy Road which links the Northway to Dungannon and Moy Roads.

LOCATION MAP

OS MAP

RESIDENTIAL GROUND RENT INVESTMENT OPPORTUNITY



Contact Avril McCammonTelephone 028 9023 2303Email [email protected]

Solicitor John McKee & Son SolicitorsThe Linenhall, 32-38 Linenhall StreetBelfast BT2 8BG


ACCOMMODATION





LOT 28 GROUND RENT INVESTMENT, ROSE COTTAGES, GARVAGHY ROAD, PORTADOWN, CO ARMAGH BT62 1RY


ENERGY PERFORMANCE CERTIFICATESEPCs

LOT 01

LOT 07

LOT 13

LOT 18

LOT 27

LOT 02

LOT 08

LOT 14

LOT 20

LOT 03

LOT 09

LOT 15

LOT 22

LOT 05

LOT 12

LOT 17

LOT 24

DERRYHUBBERT HOUSE, 27 DERRYARDRY LANE DUNGANNON, CO ARMAGH BT71 6NN

39 KEELMOUNT GRANGE, SCOTCH STREETPORTADOWN, CO ARMAGH BT62 1UE

UNIT 23, 218 CITY BUSINESS PARK, DUNMURRY BELFAST, CO ANTRIM BT17 9HY

63-67 BRIDGE STREETBANBRIDGE, CO DOWN BT32 3JL

24-30 MOYGASHEL ROW, MOYGASHELDUNGANNON, CO TYRONE BT71 7QT

60 BIRCHDALE MANORLURGAN, CO ARMAGH BT66 7SY

6 CASTLE STREETLISBURN, CO ANTRIM BT27 4XD

36 KEELMOUNT GRANGE, SCOTCH STREETPORTADOWN, CO ARMAGH BT62 1UE

1 SPRINGFIELD CRESCENTBELFAST, CO ANTRIM BT12 7EJ

8-10 IRISH STREET DOWNPATRICK, CO DOWN BT30 6BP

124 LAURELBANKBELFAST, CO ANTRIM BT17 0RX

67 BACHELORS WALK LISBURN, CO ANTRIM BT28 1XN

56 HERTFORD CRESCENTLISBURN, CO DOWN BT28 1SQ

22 IVEAGH CRESCENTBELFAST, CO ANTRIM BT12 6AW

13 RANFURLEY ROADPORTADOWN, CO ARMAGH BT62 3HT

373 WOODSTOCK ROADBELFAST, CO DOWN BT6 8PU

1 EDEN MANOR, PORTADOWNCO ARMAGH BT63 5FN

Energy Performance Certificate Northern IrelandNon-Domestic Building

373 Woodstock RoadBELFASTBT6 8PU

Certificate Reference Number:9638-3033-0126-0800-0391

This certificate shows the energy rating of this building. It indicates the energy efficiency of thebuilding fabric and the heating, ventilation, cooling and lighting systems. The rating is compared totwo benchmarks for this type of building: one appropriate for new buildings and one appropriate forexisting buildings. There is more advice on how to interpret this information on the Department'swebsite www.epb.dfpni.gov.uk.

Energy Performance Asset Rating

Technical Information Benchmarks

Main heating fuel: Natural GasBuilding environment: Heating and Natural VentilationTotal useful floor area (m²): 108Building complexity (NOS level): 3Building emission rate (kgCO2/m²): 507.36

Buildings similar to this onecould have rating as follows:

If newly built

If typical of theexisting stock

Energy Performance Certificate Northern Ireland

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Date of assessment: 10 May 2013Date of certificate: 12 May 2013Reference number: 9967-0325-6130-6860-4992Type of assessment: RdSAP, existing dwellingAccreditation scheme: Stroma CertificationAssessor's name: Mr Barry Oneill DEAAssessor's accreditation number: STRO005086Employer/Trading name: Elan Environmental LtdEmployer/Trading address: 16 Loopland Grove, Belfast, N IRELAND,

BT6 9DA

27, Derryardry LaneDUNGANNONBT71 6NN

Related party disclosure: No related party

Energy Efficiency Rating


Main heating type and fuel: Boiler and radiators, oilTotal floor area: 168 m²Approximate energy use: 311 kWh/m² per yearApproximate CO2 emissions: 65 kg/m² per yearDwelling type: Detached house

Average forNorthern Ireland

The approximate energy use and CO2 emissions are per square metre of floor area based on fuel costs for theheating, ventilation, hot water and lighting systems. The rating can be compared to the benchmark of the averageenergy efficiency rating for the housing stock in Northern Ireland.


Page 1 of 7


BT6 9DA

60, BirchdaleLurganCRAIGAVONBT66 7TR




Main heating type and fuel: Boiler and radiators, oilTotal floor area: 90 m²Approximate energy use: 217 kWh/m² per yearApproximate CO2 emissions: 54 kg/m² per yearDwelling type: end-terrace house




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BT6 9DA

39, Keelmount GrangePortadownCRAIGAVONBT62 1UE




Main heating type and fuel: Boiler and radiators, oilTotal floor area: 76 m²Approximate energy use: 215 kWh/m² per yearApproximate CO2 emissions: 54 kg/m² per yearDwelling type: Mid-terrace house




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BT6 9DA

13, Ranfurley RoadPortadownCRAIGAVONBT62 3HT








Unit 23City Business ParkDunmurryBELFASTBT17 9HY





Main heating fuel: Natural GasBuilding environment: Heating and Mechanical

VentilationTotal useful floor area (m²): 488Building complexity (NOS level): 3Building emission rate (kgCO2/m²): 78.8


If newly built



6, Castle StreetLISBURNBT27 4XD





Main heating fuel: OtherBuilding environment: UnconditionedTotal useful floor area (m²): 109Building complexity (NOS level): 3Building emission rate (kgCO2/m²): 53.36


If newly built



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Date of assessment: 08 May 2013Date of certificate: 08 May 2013Reference number: 9387-0325-6570-9898-2902Type of assessment: RdSAP, existing dwellingAccreditation scheme: Northgate Information SolutionsAssessor's name: Mr Christopher MurtaghAssessor's accreditation number: NGIS802573Employer/Trading name: Michael Hannath Property Consultants and

Estate AgentsEmployer/Trading address: Michael Hannath Ltd, 8, Bridge Street,

Portadown, BT62 1JD

36, Keelmount GrangePortadownCRAIGAVONBT62 1UE

Related party disclosure: Employed by the professional dealing withthe property transaction



Main heating type and fuel: Boiler and radiators, oilTotal floor area: 78 m²Approximate energy use: 190 kWh/m² per yearApproximate CO2 emissions: 46 kg/m² per yearDwelling type: Mid-terrace house




Page 1 of 9

Date of assessment: 09 May 2013Date of certificate: 10 May 2013Reference number: 0265-2981-0259-9307-0345Type of assessment: RdSAP, existing dwellingAccreditation scheme: Elmhurst Energy Systems LtdAssessor's name: Mr. Colm McGeownAssessor's accreditation number: EES/004863Employer/Trading name: Maneely & Co LimitedEmployer/Trading address: 3 Church Street, County Tyrone, Dungannon,

BT71 6AB

24, Moygashel RowMoygashelDUNGANNONBT71 7QT




Main heating type and fuel: Boiler and radiators, oilTotal floor area: 57 m²Approximate energy use: 367 kWh/m² per yearApproximate CO2 emissions: 93 kg/m² per yearDwelling type: End-terrace house




67 Bachelors WalkLISBURNBT28 1XN





Main heating fuel: OtherBuilding environment: UnconditionedTotal useful floor area (m²): 138Building complexity (NOS level): 3Building emission rate (kgCO2/m²): 58.03


If newly built



63-67 Bridge StreetBANBRIDGEBT32 3JL





Main heating fuel: OilBuilding environment: Heating and Natural VentilationTotal useful floor area (m²): 349Building complexity (NOS level): 3Building emission rate (kgCO2/m²): 130.59


If newly built



Page 1 of 9


BT6 9DA

56, Hertford CrescentLISBURNBT28 1SQ








Page 1 of 7


BT6 9DA

1, Eden ManorPortadownCRAIGAVONBT63 5FG




Main heating type and fuel: Boiler and radiators, oilTotal floor area: 63 m²Approximate energy use: 271 kWh/m² per yearApproximate CO2 emissions: 64 kg/m² per yearDwelling type: Detached bungalow



COMMON AUCTION CONDITIONS OF SALE AND SPECIAL CONDITIONS OF SALE

The sale of each property is subject to our Conditions of Sale, which are available from each vendor’s solicitor. You should read the aforementioned Conditions of Sale carefully before bidding at auction.

ADDENDUM

In the event of there being alterations to the Particulars of Sale or the General or Special Conditions of Sale, a printed notice will be available prior to the auction. This addendum will be attached to the Sale Contract and forms part of the Contract. It is vital that you obtain a copy of the addendum before bidding.

THE PARTICULARS

All particulars contained in this catalogue have been compiled using information supplied by the vendor’s solicitor. For each property every effort has been made by us to check and verify the information supplied. If subsequent amendment is necessary this will be included in an addendum, which will be available on the day at the auction. We would recommend, however, that you keep in touch with us prior to auction in order that we can make you aware of any amendments beforehand.

All plans and photographs in the catalogue are for identification purposes only. The plans are not guaranteed to be to scale. You should consult the available legal documentation for each lot and view the property to be totally satisfied as to the location, description, state of repair and extent of the property which is being sold.

You are strongly advised to take independent legal, and where appropriate, other professional advice.

INSPECTIONS

Please make appointments to view the properties through the Osborne King Auction Team Tel: 028 9027 0000.

LEGAL DOCUMENTATION

The Title Deeds, Leases, Licences, Deeds of Variation and other legal documentation are held by each vendor’s solicitor. These are available for bona fide bidders. It is advisable to check all copy documentation against the original documentation held by the vendor’s solicitor and to make all your enquiries well before the date of the auction.

A prudent buyer will before bidding for a lot at an auction:

— Take professional advice from a conveyancer and, in appropriate cases, a chartered surveyor and an accountant— Read the conditions— Inspect the lot— Carry out usual searches and make usual enquiries— Check the content of all available leases and other documents relating to the lot— Check that what is said about the lot in the catalogue is accurate— Have finance available for the deposit and purchase price— Check VAT status of subject lot— The conditions assume that the buyer has acted like a prudent buyer

If you choose to buy a lot without taking these normal precautions you do so at your own risk.

NOTE

The right is reserved to sell/withdraw properties prior to auction.

IMPORTANT INFORMATION

SET OUT BELOW ARE A NUMBER OF ITEMS TO ASSIST AND GUIDE PROSPECTIVE PURCHASERS. PLEASE TAKE NOTE OF THE ADVICE AND INFORMATION GIVEN.

DISCLAIMER“Osborne King for themselves and for the vendor of these properties whose agents they are give notice that (i) the particulars are set out as a general outline for the guidance of intending purchasers and do not constitute part of an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for the use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in employment of Osborne King has any authority to make or give representations or warranty whatsoever in relation to these properties.”

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CONDITIONS OF SALE

— The Documents of Title are available for inspection; arrangements may be made by contacting each vendor’s solicitor. The purchaser shall be deemed to purchase with full knowledge of the conditions of title.

— A binding contract is entered into on the fall of the Auctioneer’s hammer to the successful bidder.

— The successful bidder will be required to sign the Contract and pay to the vendor’s solicitor a 10% deposit before leaving the auction hall.

— Minimum deposit of £2,500

— The Auctioneer has authority to sign on behalf of both the successful bidder and the vendor if necessary.

— Completion shall take place no later than 20 working days from the date of auction, on which date the balance purchase monies must be paid.

— Bids may not be made subject to finance and each bidder must be in a position to pay the deposit at the auction and to pay the balance purchase monies on the completion.

— Details of Title given in this brochure are by way of brief description only and are not in substitution for reference to the details of title given in the Special Conditions of Sale. Copies of the Common Auction Conditions (Edition 3) are available either from the Auctioneers or from www.rics.org/propertyauctions and are reproduced with the consent of RICS.

— The vendor hereby reserves the right, but is not obliged to accept any offer which might be made prior to the auction.

— The vendor hereby reserves the right to withdraw properties from auction.

THE VENDOR HEREBY RESERVES THE FOLLOWING RIGHTS To divide any property into lots and sub divide, rearrange or consolidate any lots.

Without disclosing a reserve price, to withdraw from sale any property or lot at any time before it has been sold, whether or not the sale has commenced.

— The information provided is set out as a general outline only for the guidance of intending bidders and does not constitute, nor constitute part of, an offer or contract.

— All descriptions, area, dimensions, reference to condition and necessary permission for use and occupation and other details are given in good faith and are believed to be correct, but their accuracy is not guaranteed and any intending bidder should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them and if in doubt if any question is still outstanding or you are not fully satisfied with the information you have then our advice is not to bid.

— Misrepresentation Act 1967. The premises are offered subject to contract, availability and confirmation of details. The particulars do not form part of any contract and whilst believed to be correct, no responsibility can be accepted for any errors. None of the statements contained in the particulars are to be relied upon as statements of fact and intending purchasers or lessees must satisfy themselves by inspection or otherwise as to the correctness of those statements. The vendors or lessors do not make or give Osborne King & Megran Limited nor any person in its employment, any authority to make or give any representation or warranty whatsoever in relation to this property. Unless otherwise stated, all prices and rentals quoted are exclusive of any Value Added Tax to which they may be subject. These particulars are issued on the understanding that all negotiations are conducted through this company. Osborne King & Megran Limited. Registered in Northern Ireland No 27969. Registered Office: The Metro Building, 6 – 9 Donegall Square South, Belfast BT1 5JA. Any maps/plans based on the Ordnance Survey Map with the sanction of the controller of H M Stationery Office Crown Copyright Reserved Licence No. CS 369. This plan is for convenience only. Its accuracy is not guaranteed and shall not be deemed to form part of any contract. Reproduced with the consent of Goad Cartographers Ltd, Old Hatfield.

A

B

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IMPORTANT INFORMATION

View the properties by requesting an auction catalogue or via Osborne King’s website www.osborneking.com/auction which will provide marketing details for each lot.

Identify a lot or lots that may be of interest to you.

View the property or properties that may be of interest by contacting an Osborne King auction team member.

Contact Osborne King’s auction team to register your interest(s). Some properties maybe sold or withdrawn prior to the auction day. Please note offers for any of the properties can be submitted to Osborne King up to the day of the auction day. If an offer is agreed prior to the auction, you will need to be in a position to exchange contracts and pay a 10% deposit before the day of the auction.

Request a legal pack from the vendor’s solicitor or alternatively download from the Osborne King website www.osborneking.com/auction The legal pack will contain the conditions of sale, title deeds, leases, searches, replies to pre contract enquires.

Arrange for a survey of the subject property if you desire.

Arrange your finance as you are required to pay a deposit on the day and completion of legal formalities within 20 working days thereafter. If you require a mortgage it isimportant that you obtain a mortgage offer from your lender before the auction day. The lender is likely to require a surveyor to prepare a valuation report before making an offer so advance communication with your chosen lender is advisable.

On the day of auction, request an order of sale and an addendum (if appropriate). These will contain any final changes to the details of the lot information. Register your interest at the appropriate Osborne King desk and receive your bidding number.

If you are a successful bidder for a particular lot, a member of the Osborne King auction team will direct you to the Contract table. At this point you will be required to sign and exchange unconditional contracts and pay a deposit of 10% of the purchase price. Completion of the sale normally occurs within 20 working days.

If you are a successful bidder you will be required to provide 2 forms of identification to include photo identity i.e. driving licence or passport and proof of address i.e. utility bill or bank statement.

Please note that a binding unconditional contract is entered into upon the fall of the auctioneer’s gavel to the successful bidder and it may be the case that the successful bidder is liable for the property’s insurance from exchange and not completion. Please seek appropriate advice from your solicitor in this regard.

AUCTION GUIDE

SELLERS STEP BY STEP AUCTION GUIDE BUYERS STEP BY STEP AUCTION GUIDE

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Contact an Osborne King auction team member for an appraisal of your property.

If possible, please provide a photograph(s), tenure, tenancy details, location and site plan. Please provide any further additional information such as planning permission approval paperwork.

Subject to receipt of the above information and a site inspection, Osborne King will advise you whether they think your property is suitable for sale by auction. If not, then an alternative method of sale will be suggested.

A guide sale price will be discussed and agreed with the vendor.

Once the parties agree that a property will be entered into the auction, terms of engagement will be completed between Osborne King and the vendor. This agreement will outline Osborne King’s commission fee and also all associated marketing costs.

Osborne King will prepare draft sale particulars and catalogue entry paperwork for approval. Simultaneously, the vendor will instruct their solicitor to prepare a legal pack. The legal pack will outline the conditions of sale, title documents, lease (if appropriate), searches and planning documentation.

Osborne King will coordinate viewings of your property prior to the auction.

Prior to the auction day a reserve price will be agreed between the parties.

Should the property be sold at auction (i.e. it reaches the agreed reserve price) then the successful purchaser will sign the completed sale memorandum and pay a 10% deposit.

Completion of sale normally occurs within 20 working days.

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PURCHASER’S INFORMATION

Purchasers should be prepared to provide two original forms of identity and a deposit cheque for 10% of the purchase price drawn on a UK clearing bank. Further information on the Money Laundering Regulations 2007 is available at: www.rics.org/propertyauctions

DEPOSIT MONIESUnless otherwise specified, cheques should be made payable to the vendor’s solicitor, drawn on a UK clearing bank and be for 10% of the purchase price subject to a minimum deposit of £2,500. We do not accept cash unless prior arrangements have been made. All cheques are specifically cleared as soon as possible and therefore you should ensure that you have adequate funds in your account.

VALUE ADDED TAX

VAT may be chargeable on the purchase price. It is advisable to check with the vendor’s solicitor prior to the auction.

INSURANCE

Once the gavel falls, the buyer is usually responsible for the insurance of the property. Please make the necessary arrangements prior to sale.

QUESTIONS

The auctioneers will not be in a position to answer questions for the duration of the auction.

AND IF IN DOUBT

If any question is still outstanding, or you are not fully satisfied with the information you have, then our advice to you is not to bid.

VENUE

The auction will commence at 11.00 am on Friday, 14 June 2013, in the Olympic Suite, Holiday Inn, Ormeau Avenue, Belfast, BT2 8HS.

AUCTIONEER’S ANNOUNCEMENTS

You should arrive at the auction promptly, in order to hear the preliminary addendum remarks and announcements made by the auctioneer, as these may affect the property you wish to purchase.

AMENDMENTS ON THE AUCTION DAY

The vendor or the vendor’s solicitor may make amendments up until the time of the auction and therefore we would strongly recommend that you contact us before the sale to check if there is an addendum and whether the property has been withdrawn or sold prior.

PROCEDURE AT THE AUCTION

If you are intending to bid, please make your bids clearly and in plenty of time. If you are the highest bidder, on the fall of the auctioneer’s gavel, you will be under a binding contract to purchase the property. You will be presented with a Purchaser’s Card by one of the auctioneer’s clerks. Then you will be taken to the Contract Table in the auction room to sign and exchange unconditional contracts and at the same time provide a cheque for 10% of the purchase price subject to a minimum deposit of £2,500.

THE AUCTION DAY

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INSTINCTIVE EXCELLENCE IN PROPERTYWWW.OSBORNEKING.COM/AUCTION

FORTHCOMING COMMERCIAL / RESIDENTIAL AUCTION ENQUIRIES

Des

ign

by P

ositi

ve D

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n C

onsu

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MARK CARRON Telephone 028 9027 [email protected]

THOMAS OSBORNE Telephone 028 9027 [email protected]

JOHN MARTIN Telephone 028 9027 [email protected]

LISA ANDERSON Telephone 028 9027 [email protected]

CONTACT US

Osborne KingThe Metro Building6-9 Donegall Square SouthBelfast BT1 5JA

CALL US

028 9027 0000

NEXT AUCTION:NOVEMBER 2013Closing date for entries: October 2013
