Price Guide price £395,000
Style Hotel/B&B
EPC Rating D94
Status Under offer

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Stanley Best Estate Agents

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Additional Information

Additional Information

CLOSING DATE FOR OFFERS THURSDAY 20 DECEMBER 2018 - Enjoying a peaceful rural setting on the banks of the Ballinderry River this early 20th Century Edwardian House has provided the perfect setting for a highly successful business for many years.

Situated in the village of Coagh, in the heart of Mid Ulster and nestled among gentle, low-lying land between the Sperrins and Lough Neagh Hanover House Hotel is convenient to Cookstown, Dungannon and Magherafelt and being just over one hour's drive from most Northern Ireland locations attracts clientele from throughout.

The premises offer excellent banqueting, wedding and dinner function accommodation with four separate suites and can cater for parties from small intimate dinners to functions for 300 persons. These suites are also currently available for hire for conferences. Presently the Hotel has four ensuite bedrooms with planning permission for a further 10 rooms.

Accommodation is highly sought after in the Mid Ulster Area with tourism and business demand increasing steadily. One major development now underway just 8 miles from Coagh is the multi million pound world-class Motorsport Complex at Coalisland (laketorrent.com).

The popular Lounge & Grill Bar provides the perfect venue for a more casual dining experience with its homely atmosphere and a chance to simply relax over a drink with the comfort of an open fire.

The pleasant exterior has ideal opportunities for barbecues and open air functions and offers extensive parking to the rear. Adjoining lands overlooking the Ballinderry River provide the perfect setting for Wedding photographs and other family events.

• The Tamlaght Function Suite
This is the largest function suite at the Hanover House, situated on the ground floor with full wheelchair access. This suite will seat up to 200 persons depending on the seating plan. The adjoining bridge suite can also be booked to accommodate functions up to 300 persons.

• The Ballinderry Suite
This function Suite is situated on the first floor, with a relaxing soft seated area and also has its own private entrance hall. This stylish suite can seat up to 150 persons.

• The Bridge Suite
The Bridge Suite has its own private soft seated waiting area which leads up a few steps to a private dining area. This suite also acts as a restaurant at weekends but can be privately booked mid week and will seat up to 40 persons.

• The River Suite
This Function Suite is situated on the first floor overlooking the riverside gardens. With a large open fire and rich décor this is very popular for small parties up to 25 persons.

This highly successful business currently offers an extensive menu evenings and weekends from Wednesday to Sunday with a popular Sunday carvery and is an in demand wedding venue. Due to the imminent retirement of the present owners this sale offers a unique opportunity to purchase a well established hotel/restaurant with exceptional potential for any new owner to expand and further the business.For further details, visit www.hanoverhousecoagh.co.uk.

Trading figures and further details are available to serious enquirers through the Sale Agents.

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Property Statistics

Total Views

(since advertised)

5,243

Listing Views

Date Views Unique Views Featured Published Bumped
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