19-25 Thomas Street,
Portadown, Craigavon, BT62 3NE
Development Opportunity
Offers over £625,000
Contact Savills (NI) Ltd
+44 28 9026 7820
Key Information
Status | For sale |
Price | Offers over £625,000 |
Land type | Development Opportunity |
Features
- Fantastic redevelopment opportunity situated in the heart of Portadown.
- Attractive lot size extending to about 0.03 acres (0.01 hectares).
- The property benefits from full planning permission for the erection of sheltered housing scheme (24 no. units) with retail units at ground floor (alterations to previous approval N/2005/0674/RM) ref. N/2008/0432/F
- Asking price of £625,000 (Six Hundred and Twenty-Five Thousand Pounds Sterling).
- For sale by Private Treaty.
Fantastic opportunity to acquire a part built mixed use scheme.
The subject property offers a potential purchaser a unique opportunity to purchase a partially constructed sheltered housing scheme located in a prominent location in Portadown town centre. The property is located on an attractive lot size of about 0.03 acres (0.01 ha) and fronts onto Thomas Street, Portadown.
The surrounding area comprises of a mix of residential and commercial properties to include the Housing Executive, Thomas Methodist Church and Hamill’s Pharmacy.
PLANNING
The site benefits from full planning permission under reference N/2008/0432/F. The planning permission covered the erection of sheltered accommodation housing scheme for 24 no. units with ground floor retail units.
Further details can be provided upon request.
LOCATION
The subject site is located fronting Thomas Street, about 500 metres from the junction of High Street in the heart of the town centre of Portadown. The town belongs in the Armagh City, Banbridge and Craigavon Borough Council and is recognised as the part of ‘Craigavon Urban Area’, alongside of Craigavon and Lurgan. In the 2011 census the town had a population of around 22,000 people.
The town is situated ideally about 30 miles southwest from Belfast city centre and 65 miles southeast from Derry/Londonderry, the two main capitals in Northern Ireland.
Portadown is highly assessible by public transport with various routes throughout the isle of Ireland via Car, Bus or Train, with trains running to Belfast Central Station every 20 minutes with a journey time of about 45 minutes. Portadown is located just off the M1 motorway, which allows access to the wider motorway network.
