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

Offers around £225,000

Restaurant/Cafe For Sale

Offers around £225,000

Restaurant/Cafe For Sale

Price Offers around £225,000
Style Restaurant/Cafe
Status Under offer

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Best Property Services

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Additional Information

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 [email protected]
Gerard Kelly 07796947736 [email protected]

Directions

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

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Property Statistics

Total Views

(since advertised)

6,322

Listing Views

Date Views Unique Views Featured Published Bumped
8th Jul 3 3 No Yes No
9th Jul 7 7 No Yes No
10th Jul 19 19 No Yes No
11th Jul 15 15 No Yes No
12th Jul 6 6 No Yes No
13th Jul 4 4 No Yes No
14th Jul 4 4 No Yes No
15th Jul 10 10 No Yes No
16th Jul 6 6 No Yes No
17th Jul 4 4 No Yes No
18th Jul 5 5 No Yes No
19th Jul 13 13 No Yes No
20th Jul 10 10 No Yes No
21st Jul 3 3 No Yes No
22nd Jul 5 5 No Yes No
23rd Jul 3 3 No Yes No
24th Jul 5 5 No Yes No
25th Jul 3 3 No Yes No
26th Jul 8 8 No Yes No
27th Jul 8 8 No Yes No
28th Jul 7 7 No Yes No
29th Jul 4 4 No Yes No
30th Jul 5 5 No Yes No
31st Jul 4 4 No Yes No
1st Aug 9 9 No Yes No
2nd Aug 8 8 No Yes No
3rd Aug 15 15 No Yes No
4th Aug 14 14 No Yes No
5th Aug 9 9 No Yes No
6th Aug 3 3 No Yes No

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