Dungannon is a town in the south-east of County Tyrone, the second-largest in the historic county after Omagh, with 16,282 residents at the 2021 census. For centuries it was the chief seat of the O'Neill dynasty, who built a castle on the hill, and it later became a plantation town and a 19th-century linen centre. Since 2015 it has shared local government with Cookstown and Magherafelt in Mid Ulster District Council.
We arrange business mortgages for limited companies in Dungannon that want to buy or refinance the premises they trade from. We are a broker; we do not lend. We prepare the case and approach the lenders whose criteria fit. This is commercial finance on a trading company's building, not a residential mortgage.
Which premises do Dungannon companies buy with an owner-occupier mortgage?
The town attracted an extensive food processing industry in the late 20th century. Moy Park, the poultry processor, remains its principal employer, with turnover of more than £2bn in 2023. Dunbia operates a major red meat processing and wholesale facility, and in 2024 Terex opened a new Dungannon headquarters for Powerscreen, a manufacturer of lifting and materials processing equipment and a major engineering employer in the region.
Around those businesses sit many smaller companies:
- engineering, fabrication and maintenance firms buying workshops and units
- hauliers and cold-chain operators needing yards and storage
- packaging, cleaning and labour-supply businesses taking offices and small units
- shops, restaurants and services for a diverse local population
Our page on owner-occupier mortgages sets out what lenders need from a company buying its own premises.
Dungannon's engineering and distribution trades
ONS UK Business Counts 2026, local units. Figures are for the Mid Ulster local authority area.
Show as a table
| Sector | Businesses | Dungannon share | UK share |
|---|---|---|---|
| Farming, forestry and fishing | 3,400 | 31% | 4.5% |
| Construction and building trades | 1,755 | 16% | 12.5% |
| Manufacturing and engineering | 845 | 7.7% | 4.3% |
| Retail | 725 | 6.6% | 9.3% |
| Professional, scientific and technical | 600 | 5.5% | 14.1% |
| Motor trade and vehicle repair | 410 | 3.7% | 2.9% |
| Wholesale | 390 | 3.6% | 3.8% |
| Transport, logistics and storage | 375 | 3.4% | 4.1% |
| Restaurants, cafes and pubs | 350 | 3.2% | 6.3% |
- 7.4xfarming3,380 businesses
- 3.7xmachinery manufacturing95 businesses
- 3.4xenergy supply90 businesses
- 2.9xglass, ceramics and building materials50 businesses
A figure of 2.0x means the trade makes up twice the share of local businesses that it does across the UK.
The district that includes Dungannon has 1,220 small and medium firms and 25 large ones, a sizeable pool of established employers. Machinery manufacturing is the outlier, at 3.73 times the UK share, with furniture making at 2.87 times.
Wholesale accounts for 3.6% of businesses and transport and storage for 3.4%, so warehouse and distribution space close to the M1 is a natural fit for local buyers. For a valuer, a modern unit with good access and eaves height is easier to compare against local evidence than a single-purpose factory building.
How does the M1 shape commercial property loans in Dungannon, Tyrone?
Dungannon is linked to the M1 motorway, which runs from the south-east of the town to Belfast. The town has no railway of its own now: the Portadown, Dungannon and Omagh line closed through the town in 1965, its station site is a public park and the old trackbed a greenway. Portadown is the nearest station. An Ulsterbus town service runs daily to the suburbs.
For engineering and distribution firms, quick access to the M1 is often the main reason to buy in a particular location, and a lender's valuer will weigh it when comparing a unit with recent sales. A building with good motorway access and room for vehicles is generally easier to value and to re-let if circumstances change.
Dungannon estates where firms own space, Granville to Torrent Valley
Named estates and parks listed on Google Maps near Dungannon, October 2026. Listed to show where premises trade locally; we have no connection with the owners or agents.
- Dungannon Enterprise CentreDungannon BT71 6JT
- Granville Industrial Estate90 Granville Rd, Granville, Dungannon BT70 1NJ
- Torrent Valley Business ParkDonaghmore, Dungannon BT70 3BF
- Clonoe Village Business ParkDungannon BT71 4PU
What deposit and tax does premises finance in Dungannon need?
Lenders typically advance 70 to 75% of the price or valuation, up to 80% for strong cases, at an indicative 6.0 to 7.5% a year for owner-occupiers, subject to status, accounts and valuation. Terms are 5 to 25 years with arrangement fees of 1 to 2%.
Stamp Duty Land Tax applies in Northern Ireland: 0% up to £150,000, 2% from £150,001 to £250,000 and 5% above £250,000 on non-residential property (source: HMRC; rates as at October 2026; check the current rates before you buy).
Illustrative example. An engineering supplier buys a freehold workshop and yard near the M1 for £850,000. A 75% loan is £637,500 and the deposit £212,500. SDLT is £2,000 plus £30,000, a total of £32,000, so the company needs about £244,500 before fees. Our guide to commercial stamp duty shows the bands in full.
Planning and title for business property finance in Dungannon, Northern Ireland
Mid Ulster District Council is the planning authority. Northern Ireland is a separate legal jurisdiction, so conveyancing follows Northern Ireland law and the lender's charge is registered with Land and Property Services. Commercial lending to a limited company is unregulated and falls outside the FCA's regulated mortgage perimeter. Where a deal would be regulated, for example lending to a sole trader or individual, or a property where the borrower or a close family member will live in part of it, we refer it to an appropriately authorised firm. For the wider district, see business mortgages in Mid Ulster.
Dungannon areas where businesses buy premises
Castle Hill and the town centre
The town grew up around Castle Hill. The centre below it holds shops, restaurants, offices and services for a population that includes the highest share of residents born outside the British Isles of any Northern Ireland town. Retailers and professional firms buying their freeholds are common here.
Drumcoo
Drumcoo is the townland where Dungannon first grew, and many roads and estates take townland names. Local shops, practices and small commercial buildings serving these neighbourhoods are typical owner-occupier purchases.
Killymeal and Gortmerron
Two of the townlands into which the urban area has spread. Their mix of housing and local commercial property suits small service businesses, trades and convenience retail buying modest premises.
Dungannon Park and Windmill Wood
Dungannon Park and Windmill Wood Park give the eastern part of town a greener setting. Offices, clinics and practices that want a quieter location for staff and clients sometimes look at premises on this side of Dungannon.
