38 James Street, Cookstown, County Tyrone, BT80 8LX
£325,000
Auction information
To be auctioned at Online Auction on
Description & Features
The property comprises a three storey former bank building with ancillary office accommodation occupying an extensive rectangular site with a substantial yard to the rear. The subject premises are of block/brickwork construction which has been rendered and painted on the upper floors with a tile façade on the ground floor. Internally the property is finished to a good standard with the ground floor banking hall undergoing some recent refurbishment to provide a modern configuration. The upper floors provide a range of open plan and private offices with ancillary staff facilities finished to a reasonable standard.
To the rear there is a car park overlaid in tarmacadam, with access provided via a laneway off Molesworth Street.
Tenancy
A section to the rear of the site is currently let on an overholding lease at a rent of £250 per annum.
EPC
An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - D85.
Viewing
Contact Osborne King’s Auction Team.
Planning
Former bank premises.
Title
Please refer to vendor’s solicitor for Title Pack or download from the OK Auction website (www.osborneking.com/online-auctions).
Land and Property Services Rates Assessment
Net Annual Value: £23,700
Rate in the £ for 2024/2025: £0.599652
Estimated Rates Payable: £13,263
EPC - D85
Ground Floor - 1,909 square feet
First Floor - 684 square feet
Second Floor - 1,261 square feet
Total Area - 3,854 square feet
- Lot 03
- To be sold at OK Online Auction 28 June 2024
- Maximum Reserve £325,000
- Former Bank Premises
- c. 3,845 sq ft (358 sq m)
- Prominent town centre location
- Benefits from large car park to rear
Housing Tenure
Type of Tenure
Not Provided
Location of 38 James Street
Cookstown is a busy market town in the heart of mid ulster approximately 65km West of Belfast. The property occupies a prominent location within the town centre close to the major shopping facilities, thereby benefitting from a high level of footfall and vehicular traffic. The immediate vicinity is predominantly commercial and neighbouring occupiers include Bank of Ireland, O2, Savers and Poundland.
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