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

Offers around £225,000
Offers around £225,000
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)

4,718

Listing Views

Date Views Unique Views Featured Published Bumped
20th Sep 5 5 No Yes No
21st Sep 13 13 No Yes No
22nd Sep 12 12 No Yes No
23rd Sep 5 5 No Yes No
24th Sep 4 4 No Yes No
25th Sep 6 6 No Yes No
26th Sep 6 6 No Yes No
27th Sep 3 3 No Yes No
28th Sep 5 5 No Yes No
29th Sep 5 5 No Yes No
30th Sep 4 4 No Yes No
1st Oct 7 7 No Yes No
2nd Oct 6 6 No Yes No
3rd Oct 9 9 No Yes No
4th Oct 8 8 No Yes No
5th Oct 1 1 No Yes No
6th Oct 0 0 No Yes No
7th Oct 9 9 No Yes No
8th Oct 7 7 No Yes No
9th Oct 5 5 No Yes No
10th Oct 9 9 No Yes No
11th Oct 5 5 No Yes No
12th Oct 4 4 No Yes No
13th Oct 5 5 No Yes No
14th Oct 2 2 No Yes No
15th Oct 0 0 No Yes No
16th Oct 1 1 No Yes No
17th Oct 2 2 No Yes No
18th Oct 4 4 No Yes No
19th Oct 1 1 No Yes No

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