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BILBO’S BISTRO, 50-52 MAIN STREET, CASTLEWELLAN, Down, BT31 9DJ

Type Restaurant/Cafe
Offer Status For Sale
Estate Agent Osborne King

POA

Features

  • (FREEHOLD BUSINESS PLUS INVESTMENT INCOME)
  • Long Established Trading Location
  • 30 Miles from Belfast & 16 Miles south west of Downpatrick
  • Ground Floor resturant catering for aproximatley 40 covers

Description

FOR SALE

BILBO’S BISTRO

50-52 MAIN STREET

CASTLEWELLAN BISTRO

 

LOCATION

Castlewellan is a large village in County Down, approximately 16 miles south west of

Downpatrick, and 30 miles from Belfast. The villages Main Street is a hub of activity,

with a healthy number of restaurants, pubs and local businesses flourishing all year

round.

 

DESCRIPTION

The two storey property consists of a ground floor restaurant area catering for

approximately 40 covers, in addition to a fully fitted kitchen, external eating area and

ancillary accommodation.

The self contained first floor is currently leased out however the tenant is relocating

shortly. We understand there are a number of interested parties willing to take a

lease on this accommodation at an approximate annual rental of £4,500. Clearly the

purchaser of the subject could utilise the first floor as part of the existing bistro or

benefit from the potential income. Our client has recently made an application to

obtain planning consent to operate the business as licensed bistro.

 

ACCOMMODATION

The vendor has carried out major refurbishment of the property in the last three

years. The premises extend to the following approximate areas and dimensions: -

Ground Floor : 709 sq.ft. 75 sq.m.

First Floor : 453 sq.ft. 42 sq.m.

Total 1,162 sq.ft. 117 sq.m.

Small enclosed yard area.

 

PRICE

On application.

 

RATES

Total NAV = £6,200

Non Domestic rate in £ 2008/2009 = 0.5304

Estimated rates payable for 2008/2009 = £3,388.48

 

FIXTURES & FITTINGS

An inventory of fixtures & fittings can be provided to the purchaser when a sale is

agreed.

 

ACCOUNTS

Financial accounts available on request to bona fide purchasers.

FURTHER INFORMATION

Mark Carron / Andrew Nixon

Osborne King

The Metro Building

6-9 Donegall Square South

Belfast

BT1 5JA

Tel: 028 9027 0000 Fax: 028 9027 0011

E-mail: mark.carron@osborneking.com

andrew.nixon@osborneking.com

Quick link to this property www.propertynews.com/tkny

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Location of Property

Castlewellan is a large village in County Down, approximately 16 miles south west of Downpatrick, and 30 miles from Belfast. The villages Main Street is a hub of activity, with a healthy number of restaurants, pubs and local businesses flourishing all year round.

Osborne King

www.osborneking.com

Agent Contact Details
  • The Metro Building
  • 6-9 Donegall Square South
  • Belfast
  • Co. Antrim

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