45 - 47 Windmill Street

• Substantial former public house and commercial premises
• Full liquor licence included in the sale
• One building currently let to an established hot food operator
• Immediate rental income from day one
• Generous site with significant development potential (subject to planning)
• Prominent location with excellent visibility
• Suitable for investors, developers or licensed trade operators
• May be available in lots
• Viewing strictly by appointment with Quinn Estate Agents

An exciting opportunity to acquire a substantial former public house and adjacent commercial premises, offered for sale with the benefit of a full liquor licence. The left building is currently let to an established hot food operator, providing an immediate rental income from day one. Set on a generous site in a prominent location, the property offers excellent scope for further development, subject to the necessary planning consents. Ideal for investors, developers or licensed trade operators alike. (May consider sale in lots).

The Liquor Licence

The sale includes a full liquor licence, a valuable and increasingly scarce asset in Northern Ireland, where new pub licences generally require an existing one to be surrendered. This gives a purchaser the option to reopen the premises as a licensed venue or, subject to the relevant approvals, transfer the licence to another location.

Planning History

Both properties have a well-established commercial use, one having traded as a public house and the other as a hot food outlet for many years. In recent times there has been approvals in place for expansion and development, however we request that interested parties make their own enquiries with Newry, Mourne and Down District Council Planning Department.

Rental Income

The commercial unit is currently let to an established hot food operator. This provides a purchaser with an immediate return from day one, while retaining the flexibility to pursue the wider development potential of the site.

Lots

1. 45 Windmill Street - Former Public House - £200,000
2. 47 Windmill Street - Hot Food Outlet (Currently let) - £150,000
3. Liquor Licence - £100,000