The Inn, 34 - 36 William Street, Ballymena,

Features

• TO LET (BY WAY OF ASSIGNMENT) 
• WELL ESTABLISHED TOWN CENTRE LICENSED PREMISES (AS GOING CONCERN) 
• MODERN FIT-OUT AND EASILY MANAGED PREMISES 

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 to include 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 1999, 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
20 – 22 Stable Lane
Coleraine
Tel:  028 7034 4244 / Fax: 028 7034 4949
Contact:    Tony O’Connor (tony.o’connor@okt.co.uk) / michael Burke (michael.burke@okt.co.uk)

Our Ref:  MAO’C/JP/C2302

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