Hamilton House, Catherine Street,

Features

• Highly attractive proposition with a well-established occupancy rate
• Two ground floor retail units with two serviced accommodation apartments above
• Luxury serviced accommodation extensively renovated in 2018 & 2020
• Produces an average annual turnover of £45,000
• Tourist NI certified

Exciting Mixed Use Investment Opportunity with Significant Income Generating Potential

DESCRIPTION

Hamilton House is an impressive B listed Georgian property built circa 1830, and first renovated in 1996 by Killyleagh Development Association. It comprises two ground floor retail units extending to 529 sq. ft currently occupied by a gift shop and a café, with two serviced accommodation apartments above. Each retail unit generates a rental income of £5,160 per annum.

The first floor apartment (2B) features a kitchen, living/dining area, bathroom and one bedroom, and was extensively refurbished and ran as serviced accommodation since 2018. Apartment 2B extends to 592 sq. ft and sleeps up to 4 guests. The second-floor apartment (2C) was refurbished in 2020 and features an open plan kitchen/living area, a bathroom and two bedrooms. Apartment 2C extends to 743 sq. ft and sleeps up to 5 guests.

Both apartments are tourist NI certified and benefit from a high occupancy rate. Hamilton House has a booking.com rating of 9.4/10 and an AirBnB rating of 4.92/5. The average turnover for both apartments is £35,000 per annum.

This offers a unique opportunity to purchase a highly attractive investment opportunity with
a well established occupancy rate.

Hamilton House: https://www.booking.com/hotel/gb/hamilton-house-holiday-apartment.
en-gb.html

Directions

Killyleagh is a village in County Down, located on the A22 road between Belfast and Downpatrick. It is best known for its twelfth century Killyleagh Castle, which is said to be the oldest inhabited castle in Ireland. Killyleagh is located on the Western side of Strangford Lough, which is the largest sea inlet in the British Isles. It is Northern Ireland’s first Marine Nature Reserve and is renowned as an Area of Outstanding Natural Beauty and Special Scientific Interest, with six National Nature Reserves within its reaches.

Hamilton House occupies a corner site in the centre of Killyleagh with frontage on to Catherine Street and a rear access via Shore Street. It benefits from a number of amenities within the immediate vicinity including convenience stores, a petrol station, a pharmacy, restaurants, cafes, bars, a post office, and an off licence. Hamilton House has proved to be extremely popular as a base for tourists, and for staycations alike, with a number of nearby
attractions including Delamont Country Park (1.3 miles), Strangford Lough Activity Centre (6.8 miles), Castle Espie (9.9 miles), National Trust Castle Ward (11.8 miles), and Kilclief Beach (15.0 miles) to name a few.

For boating enthusiasts, there are a number of yacht/sailing clubs nearby to include
Killyleagh Yacht Club, Quoile Yacht Club, Strangford sailing club, East Down Yacht Club, and
Portaferry sailing club.