2-4 Market Street & 9 Irish Street, DOWNPATRICK, Co Down, BT30 6BU, UK

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Property Highlights Extending to approximately 4,144 Sq Ft (384.94 Sq M) on a site of c.0.11 acres (0.045 ha). 2-4 Market Street comprises a former bank premises arranged over ground, lower ground and first floors with a garage and a large enclosed car park. 9 Irish Street occupied by J H McShane & Co producing a rental income of £4,500 pax. Suitable for a variety of uses or future redevelopment, subject to any necessary statutory consents.

Location Downpatrick is a market town, cathedral town and the county town of Co. Down within the Newry, Mourne and Down District Council area with a population of circa 11,500 people (2021 Census), located close to the southern shores of Strangford Lough and approximately 22 miles south east of Belfast. The subject property occupies a highly prominent and prime corner site in the town centre at the junction of Market Street and Irish Street benefitting from high volumes of pedestrian and vehicular traffic. Neighbouring occupiers include AbbeyAutoline, Toals Bookmakers, Minders Menswear, Downe Travel, Gordons Chemists, Card Factory and Danske Bank with Lidl and Asda close by.

Description Substantial three storey over basement end terrace commercial property of a traditional construction beneath flat roofs. Stone and marble façades containing aluminium framed single glazed windows with the rear of the property finished in facing brick. 2-4 Market Street: The ground floor, which has disabled access off Irish Street, is configured to provide a double height banking hall, open plan office space, several private offices together with storage accommodation. To the rear of the ground floor there is a stairwell which provides access to the lower ground and first floors with a 230kg goods lift serving the lower ground floor. The lower ground floor comprises storage accommodation together with a boiler room, tank room, two vaults and access to the car park. The first floor comprises office and storage accommodation with kitchen and WC facilities. Large enclosed tarmac surfaced car park with vehicular access from Market Street containing a single storey garage housing an oil tank. Internal fitout includes plastered/painted and papered walls, plastered/painted and suspended ceilings, range of recessed and surface mounted ceiling lighting, carpet, vinyl and tile floor coverings, part perimeter trunking and floor boxes, air conditioning and oil fired heating via wall mounted radiators. 9 Irish Street: Second floor office suite accessed via a stairwell off Irish Street. The premises provide cellular office and storage accommodation with kitchen and WC facilities.

Tenancy Details Please refer to the Dataroom.

Accommodation The property provides the following approximate areas: 2-4 Market Street: Ground Floor - 1,788 Sq Ft (166.07 Sq M) Lower Ground Floor - 463 Sq Ft (43.04 Sq M) First Floor - 369 Sq Ft (34.25 Sq M) Garage - 170 Sq Ft (15.83 Sq M) 9 Irish Street: Second Floor - 1,354 Sq Ft (125.75 Sq M) Overall Total - 4,144 Sq Ft (384.94 Sq M) The property occupies a site area of approximately 0.11 acres (0.045 ha).

Non-Domestic Rates 2-4 Market Street: NAV = £15,500 Rates Payable 2025/26 = Approx. £9,312 (excluding any reliefs that may be applicable). 9 Irish Street: NAV = £5,550 Rates Payable 2025/26 = Approx. £3,334 (excluding any reliefs that may be applicable). All prospective purchasers should make their own enquiries with LPS.

Title We understand that the property is held Long Leasehold, subject to ground rents totalling £90 per annum.

Price Offers in excess of £215,000 exclusive, subject to contract.

VAT We are advised that the property is not elected for VAT.