Belfast Telegraph

Auctions offering pizza the action or slice of rural living

By Margaret Canning

The home of east Belfast pizza restaurant Capers — along with units on Newry’s main shopping street — are among the lots at two major auctions this month. Commercial property agents Osborne King and Lambert Smith Hampton and Osborne King will hold their events on March 23 and 24 respectively.

Osborne King’s lots include buildings on Newry’s Hill Street, with a reserve of £80,000 for 48 Hill Street, once home to a picture framing business.

And numbers 50 to 52 on the same street have a maximum reserve of £210,000.

The agency is also selling several plots of agricultural land, as well as residential properties.

Director Mark Carron said auctions would continue to be a popular forum for selling property, despite the gradual recovery in the housing market and economy in general.

“Our auctions are continuing to attract large numbers, and our last one in November achieved over £6m in sales, with 98% of lots sold. Auctions do attract the crowds and spark a lot of interest.”

Meanwhile, Lambert Smith Hampton will be also be auctioning off property in Newry’s Hill Street, as well as houses, apartments and farming land around the province. 

The home of Capers Pizzas on Upper Newtownards Road is up for auction for a maximum reserve of £150,000. And on the Ormeau Road, the home of coffee shop and retailer Kiln and Loom is on the market for the same reserve price.

A detached country home on Woodville Lane outside Banbridge in Co Down is also expected to attract interest, according to LSH surveyor Daphne Mahon. She said: “The property has six double en-suite bedrooms and six reception rooms. It is on a site which extends to over five acres and comes with a maximum reserve of £280,000.”

She added: “Two prominent restaurant opportunities on main arterial routes in Belfast, both with a reserve price of £150,000 each, will also be of significant interest to those bidders seeking a new commercial opportunity.”

Belfast Telegraph Digital

Popular