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

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

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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 daragh@bestpropertyservices.com
Gerard Kelly 07796947736 gerard@bestpropertyservices.com

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Property Statistics

Total Views

(since advertised)

2,620

Listing Views

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

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