Additional Information

By Order Of McCambridge Duffy LLP – Insolvency Practitioners

Closing Date for Offers: 2.00 p.m. Wednesday 10th August 2011
(Unless Previously Sold)

Well Located Licensed Premises Situated Fronting on to a high profile location and extending to c. 2.6 acres (1.0522 ha)

This well known property represents an opportunity to acquire a currently non-operational pub / bistro / function suite facility situated on a high profile location between the popular commuter suburbs of both Antrim and Ballymena located c. 4 miles and c.6 miles respectively from same. There is a population of around 300,000 within a half hour’s commute.

The Ramble Inn occupies a prominent trading pitch, fronting directly onto the A26 Dual Carriageway. This main arterial route forms part of the Northern Key Transport Network connecting Belfast City to the main commercial centres in the north of the province including Ballymena, Coleraine and Derry/Londonderry.

The A26 Lisnevenagh Road accommodates a growing number of passing vehicular traffic, supporting c.25,500 vehicles per day. The route has recently benefited from a £6.1 Million investment into local infrastructure at the Larne Road Roundabout that has both lowered congestion and aided economic growth in the area. Metropolitan Belfast is within an easy drive – Dunsilly M2 Roundabout is within 1 mile.

The subject comprises a two-storey building of traditional construction within an extensive site providing generous parking provisions both to the rear of the property and separately to the front off Creevery Road.

Internally the premises include a reception/meeting room; restaurant with fitted kitchen, generous preparation and storage facilities and 2 function rooms each with a dedicated bar and W/C amenities capable of supporting up to 250 people. Additional seating is located on the first floor together with one-bed living quarter with W/C. The premises include gas fired heating and are equipped with a functional intruder alarm.

The site has the potential for redevelopment as a hotel, drive-through restaurant or petrol filling station subject to the necessary planning consents.

ACCOMMODATION

Please refer to attached brochure.

SITE AREA

The site extends to c. 2.6 acres (1.0522 ha).

SALES DETAILS

Offers Invited on or before 2.00pm Wednesday 10th August 2011.

Ideally in writing to our Belfast Office.

Required Details:

1. Purchaser details.

2. Amount of offer.

3. Purchaser solicitor details.

4. Evidence / confirmation of funding.

5. Confirmation of willingness to sign a contract within 2 weeks with a 10% deposit and legal completion as soon as possible thereafter.

Title:

All interested parties should, through their solicitors, obtain details of title and Liquor Licence from the Vendor’s Solicitors – Cleaver Fulton Rankin, 50 Bedford Street, Belfast BT2 7FW (Att: Jeanette Donohoe) Tel: 028 9024 3141; E-mail info@crflaw.co.uk.

NAV:

We are advised by the Land and Property Services that the NAV is £30,000. The commercial rate in the pound for 2011 / 2012 is £0.565749.

CONTACT

Contact: Tony O’Connor Tel: 028 7034 4244

Email: tony.o’connor@okt.co.uk

Or

Contact: Simon Ross Tel: 028 9024 8181

Email: simon.ross@okt.co.uk

Website: www.okt.co.uk