The Inn, 34-36 William Street, Ballymena, BT43 6AW

Type	Town Centre Licensed Premises
Offer Status	For Rent
Estate Agent	O'Connor Kennedy Turtle(Coleraine)

Annually

£ 25,436

EUR 30,012*

US$ 37,868*

Features

To Let (By Way of Assignment)
Well established Town Centre Licensed Premises (AS going Concern)
Modern Fit out and easily managed premises

Description

Location and Description

Existing owners are retiring – ideal opportunity for owner management.

Outstanding potential for development of business within well laid out premises, e.g. introduction of food / bistro type catering.

Excellent street footfall beside the Fairhill Shopping Centre and generous car parking.

Premium to include goodwill, equipment, fixtures, fittings, furniture, soft furnishings etc. The liquor public bar licence reverts to the landlord at the end of the lease.

Liquor stock to be taken over at separate valuation.

Staff

2 No. Full-time and 3 No. Part -time Bar Staff.

Accommodation

GROUND FLOOR
Public bar (seating 50) with traditional serve over counter; pool table area; ladies toilets (2 WC’s and 1WHB’s) and gents toilets (1 WC, 4 urinals and 2 WHB’s);

Entertainment Licence for 74 clients.

OUTSIDE
Covered yard storage; bar / mineral store; oil boiler area; keg store with cooler; spirits store with fobs for kegs; attractive smoking room.

FIRST FLOOR
Lounge (seating 70) – mainly used for private parties; ladies toilets (2 WC’s and 1 WHB) and gents toilets (1 WC, 2 urinals and 1 WHB); servery.

GENERAL
3 No. flat TV screens; coolers; glass washer; ice making machine; CCTV; air ducting; alarmed burglar system; 8 no. cameras.

Lease Details

TERM / RENT REVIEWS:
21 years from 1 September 1995 subject to rent reviews at the end of each third year period related to the Retail Price Index.

EXISTING RENTAL:
£25,436 per annum exclusive

REPAIRS / INSURANCE:
On full repairing and insuring basis.

Premium

All reasonable offers considered.

N.A.V.

We are advised by the Valuation and Lands Agency that the current NAV is £8,350. The commercial rate in the pound for 2008 /2009 is £0.527452.

V.A.T.

Prices, outgoings and rentals are exclusive of, but may be liable to VAT.

Viewing

Strictly by appointment with: O'Connor Kennedy Turtle

Contact: Michael Burke (michael.burke@okt.co.uk)
Tony O'connor (tony.o'connor@okt.co.uk)

Tel: 02870344244