The Old George, 2 Caddells Lane, Rathfriland BT34 5PX

Offers around £225,000
Licenced/Pub For Sale
Offers around £225,000

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Best Property Services

Best Property Services

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Key Information

Price Offers around £225,000
Style Licenced/Pub
Status For sale

Location

This agent has listed the accuracy as: Exactly Right

Additional Information

LOCATION AND DESCRIPTION
Situated in a prominent position off The Square in the centre of Rathfriland Town. Banbridge in c. 9 miles, Newry City c. 10 miles and Belfast c. 33 miles.

The property comprises of a substantial three storey terrace building that fronts directly onto Caddells Lane. Internal the property provides bar, restaurant, dining room, off sales, function room with owners living accommodation on the first floor.
There are 7 ensuite bedrooms on the second floor. The building has double glazing and oil fired central heating.

Externally there is an extensive car park to the rear with dual access directly from Caddells Lane and secondary entrance through Rathfriland Enterprise Resource Centre. There are a range of outbuildings containing keg and bottle storage.

ACCOMMODATION
Ground Floor - Lounge/Bar & Restaurant, WC Facilities, Public
Bar, Kitchen, Off Sales, Dining Room

First Floor - Function Room, Private Residence With 4 Double Bedrooms

Second Floor - 7 Ensuite Bedrooms (1 Family/ 4 Doubles/ 2 Single)

External - Car Park, Out Buildings
Site Area c. 042 Acre (STC)


FIXTURES & FITTINGS
Sale includes fixtures and fittings but excludes stock.


BUSINESS OPPORTUNITY
The business has been held by the same Family for over 30 years and they are seeking to sell due to retirement. The business offers the purchaser an opportunity to enhance the existing business income in this long established premises.


GUIDE PRICE
Guide price of £225,000


TRADING ACCOUNTS
Accounts will be made available to genuinely interested parties through their accountants only.


V.A.T
Prices are exclusive of, but may be liable to Vat.

NAV
We are advised that the commercial NAV of the property is £11,000.

The commercial rate in the £ for 2016/2017 is 0.547

Residential portion - £120,000 – Capital Value


EPC
E - 103.


VIEWING
Strictly by appointment with the sole selling agents Best Property Services

Daragh Mallon 07775576858 daragh@bestpropertyservices.com
Gerard Kelly 07796947736 gerard@bestpropertyservices.com

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Total Views

(since advertised)

2,030

Listing Views

Date Views Unique Views Featured Published
20th May 5 5 No Yes
21st May 5 5 No Yes
22nd May 4 4 No Yes
23rd May 3 3 No Yes
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26th May 10 10 No Yes
27th May 5 5 No Yes
28th May 2 2 No Yes
29th May 3 3 No Yes
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31st May 7 7 No Yes
1st Jun 3 3 No Yes
2nd Jun 1 1 No Yes
3rd Jun 4 4 No Yes
4th Jun 2 2 No Yes
5th Jun 1 1 No Yes
6th Jun 3 3 No Yes
7th Jun 6 6 No Yes
8th Jun 4 4 No Yes
9th Jun 5 5 No Yes
10th Jun 2 2 No Yes
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12th Jun 6 6 No Yes
13th Jun 4 4 No Yes
14th Jun 2 2 No Yes
15th Jun 11 11 No Yes
16th Jun 1 1 No Yes
17th Jun 6 6 No Yes
18th Jun 5 5 No Yes

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