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For sale by Michael Chandler Estate Agents via the iamsold Bidding Platform.
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.
A Unique and Diverse Investment Opportunity!
This is an exceptional investment opportunity in the heart of Whitehead which offers a diverse array of potential revenue streams, making it an ideal acquisition for savvy investors. Meticulously refurbished, the property comprises a charming and popular cafe, pristine office accommodation, and two beautifully finished apartments... perfect for long-term rentals or Airbnb returns.
The Cafe
The fully refurbished cafe is a highlight in the local community, featuring an inviting seating area designed for comfort and style. The kitchen is equipped with top-of-the-line appliances, ready to support a thriving business. Currently tenanted, the cafe promises immediate rental income.
The Office Accommodation
The office space is in first-class condition, offering a professional environment suitable for various business needs with a number of rooms including a kitchen and bathroom. Its excellent finish and layout provide a versatile workspace that can attract long-term tenants, further enhancing the investment's appeal.
The Apartments
Two superb split level apartments are finished to a very high standard, providing cosy yet modern living spaces. These units are ideal for short-term Airbnb rentals or long-term leasing, catering to diverse tenant needs and maximising potential returns for the owner. The high-quality finish ensures a comfortable and attractive living experience for any occupant.
Situated in a prime position within Whitehead, the property benefits from high visibility and accessibility. It is well-known in the town, adding to its appeal for potential tenants or business patrons. Ample parking nearby enhances convenience for tenants and visitors alike.
Features
A very special commercial investment opportunity offering multiple sources of income.
Fully refurbished café with modern seating and top end kitchen amenities.
First-class office accommodation suitable for various businesses.
Two separate high-standard apartments, ideal for Airbnb or long-term rental.
Prime town-centre location with high visibility and passing traffic.
Immediate rental income from the long-term café tenant.
Flexible rental options for office and apartment
Impeccable finish throughout the entire property.
Ample nearby parking for tenants and visitors
Large rear yard and courtyard ideal for storage
Well-known historic and very accessible location in Whitehead.
TO VIEW OR MAKE A BID Contact Michael Chandler Estate Agents or iamsold, www.iamsoldni.com
*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Unconditional Method of Auction, which is powered by IAM Sold.
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.
With this auction method, the buyer and seller must Exchange immediately, and Complete 28 days thereafter.
The buyer is required to make payment of a non-refundable Contract Deposit of 10% to a minimum of £6,000.00.
The buyer is also required to make a payment of a non-refundable, Buyer Administration Fee of 1.80% of the purchase price including VAT, subject to a minimum of £2,400.00 including VAT, for conducting the auction.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
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.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.
Please contact us for more information about this property.
Please complete the form below to receive full details about the property you are looking at.
This property is sold unconditionally with the successful purchaser required to place a 10% (minimum £6,000.00) non refundable contract deposit and exchange immediately after the auction.
A buyers administration fee of 1.80% (to a mininum of £2,400.00) including VAT is also required under this method payable by the successful bidder in addition to their winning bid.
This property is being sold under the Traditional Method of Auction, which requires immediate exchange of contracts and allows a further 28 days for completion.
Where the auction is ran online, as part of the bidder registration process, a bidder security deposit of £6,000.00 is required to be pre-authorised from the Bidder's debit or credit card, through the payment facilities on the website when registering to bid.
A bidder also has the option of paying by Bank Transfer to iamsold's client account, or over the phone card payment. A bid registration will not be approved by iamsold until in receipt of the Bidder Security Deposit in cleared funds.
The pre-authorisation payment will only be captured from the successful bidder on acceptance of their bid.
Once a bid is accepted the Bidder Security Deposit will form part of the non-refundable payment contract deposit and administration fee.
Any balance of the Contract Deposit or administration fee, must be paid by the successful bidder to iamsold within 48 hours of acceptance of their bid.
The outstanding balance can be paid by same day Bank Transfer to iamsold's client account, or over the phone by debit or credit card.
All unsuccessful bidders will have their pre-authorisations released 7 days from the initial authorisation or card payment refunded within 5 working days of conclusion of the auction or from when iamsold is provided with the correct bank account details for the return payment.
Where the auction is ran online, all bidders are required to pay a non-refundable £50.00 (inclusive of VAT) registration fee, per property that they register to bid on.
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
For further information or to speak to one of our team, please call 028 9560 8380.
This information is obtainable via a manual search on https://valuationservices.finance-ni.gov.uk/property/search
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These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection, measurement or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. Properties may be sold via online auction or public auction and bids made prior to public auction may be accepted by the vendors. iamsold and our partner auctioneer will share relevant personal information and transactional updates with each other so that we can effectively market and sell properties including the arrangement of viewings and follow up.