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UNIQUE OPPORTUNITY TO ACQUIRE A SUBSTANTIAL FOOTPRINT IN THE HEART OF LIMAVADY.
TWO PRIME ADJOINING COMMERCIAL BUILDINGS WITH ATTACHED LAND PLOTS WHICH TO THE POTENTIAL INVESTOR WITH VISION REPRESENTS A CHANCE TO SECURE A MAJOR PRESENCE IN THE MAIN TOWN THOROUGHFARE.
LIMITLESS REDEVELOPMENT OPTIONS AND POTENTIAL INCOME STREAMS AVAILABLE. HOWEVER THE SITE WOULD EASILY LEND ITSELF TO THE FOLLOWING (SUBJECT TO THE APPLICATION AND GRANTING OF ANY PLANNING CONSENTS)
OPTION 1 DEVELOPMENT OF THE PRESENT HOTEL INTO A 15 BEDROOMED BOUTIQUE HOTEL. THIS OPTION COULD ATTRACT POTENTIAL EXTERNAL GRANT FUNDING AND COULD ALSO POSSIBLY CREATE A NEW BAR/ HOTEL LICENSE. THIS NEW LICENSE WOULD BE IN ADDITION TO THE EXISTING LICENSE IN SITU THEREFORE ENSURING THERE WOULD BE TWO LICENSES UNDER THE CONTROL OF THE NEW DEVELOPMENT.
OPTION 2 THE CREATION OF TWO COMMERCIAL GROUND FLOOR UNITS IN EACH BUILDING PLUS THE REDEVELOPMENT AND CHANGE OF USE OF BOTH 1ST AND 2ND FLOORS OF BOTH BUILDINGS TO RESIDENTIAL ACCOMMODATION
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