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Sale Agreed

5 Milltown Industrial Estate, Warrenpoint, Newry BT34 3FN

£600,000

Key Information

Commercial Property
EPC Rating

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Additional Information

EXTENSIVE INDUSTRIAL BUILDING & YARD. C.0.77Acres

Overview
Located in a prime location within Milltown Industrial Estate, Warrenpoint, the opportunity arises to purchase a high specification industrial building extending to c.408 sqm/ 4,390 sqft. and situated on a self-contained site with extensive concrete hardstanding extending to approximately 0.77 acres/ 3,111 sqm.
Location
Located approximately 1 mile from the centre of the seaside town of Warrenpoint, 5.5 miles from Newry City and approximately 60 minutes drive time from both Belfast and Dublin.

Warrenpoint is a busy Harbour Town located in the south east of Northern Ireland and close to the border with the Republic of Ireland. Warrenpoint Harbour predominantly operate a Roll-on, Roll-off shipping service to Heysham in England, with increasing demand for their services highlighting the subject property as being ideally located as a near by base.

Neighbouring occupiers within the immediate vicinity include Delilites Ireland, Dreamworld Bedding, Newcel Paper and Clonallon Laboratories.
Specification
- Double Gateway Entrance
- High Level Chain-Link and Pallisade Fencing
- Steel Portal Frame Constructed Industrial Unit
- 4 Double Height Roller Shutter Doors
- HGV Mechanics Workspace with Inspection Pit
- Stores and Ancillary Facilities at Ground Floor
- Offices and Canteen at First Floor
Price
The property is offered to market at Offers Over £600,000.
Closing Date
•Inviting offers from interested parties at Offers Over £600,000
•Contract and title pack to be provided to bidders solicitor via Casey & Casey on request
•Closing Date for offers being Friday 24th March at 12 Noon
•Successful purchaser will be required to:

oSign a contract and pay 10% deposit by 31st March 2023
oProvide proof of and source of funds
Rateable Value
NAV: £16,800

Estimated Rates Payable 22/23: £8,797.03

The annual rate calculation shows full annual rates for the current rating year (April to March). It does not include any reductions for rate reliefs, exemptions, or exclusions, or any emergency measures introduced to assist those impacted by COVID-19.
Tenancy/ Vacant Possession
The property is currently occupied by Jenkins Shipping under tenancy. It is confirmed that vacant possession will be provided no later than 1st October 2023.
Further Information
Stephen Gray, Commercial Property Executive
T: 028 300 50633 E: stephen.gray@bradleyni.com


Garrett O'Hare, Managing Director
T: 028 9620 9909 E: garrett.ohare@bradleyni.com

These particulars are issued by Bradley Estates NI Ltd on the understanding that any negotiations relating to the property are conducted through them. Whilst every care is taken in preparing them, Bradley Estates NI Ltd for themselves and for the vendor/lessor whose agents they are, give notice that:- (i) the particulars are set out as a general outline for guiding potential purchasers/tenants and do not constitute any part of an offer or contract, (ii) any representation including descriptions, dimensions, references to condition, permissions or licenses for uses or occupation, access or any other details are given in good faith and are believed to be correct, but any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves (at their own expense) as to their correctness, (iii) neither Bradley Estates NI Ltd, nor any of their employees have any authority to make any or give any representation or warranty in relation to the property. Note: All plans and photographs are for identification purposes only. Subject to contract.

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