Cole"s Bar, Cafe Roc And Earth Nightclub, 125-139 Strand Road, Derry, Londonderry, BT48 7PA

For Sale Price On Application Convert to EUR

Key Information

Property Type: Licensed Premises Price: Price On Application Convert to EUR
Bedrooms: - Offer Status: For Sale
Receptions: - EPC Rating: 0

For more information on this property call 028 9027 0000 or Email Agent

Contact the Agent

Osborne King

The Metro Building, Belfast, BT1 5JA

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    Features of this property

    • Licensed Premises
    • Site has planning permission for 16 no. apartments

    Property Description

    This is a substantial corner building primarily over two levels with significant frontage onto Strand Road as well as Rock Road. The building is of traditional construction with external rendered walls covered by a pitched slate roof.

    Internally the property is laid out into the following two areas:-

    Ground Floor - Cole’s Bar & Café Roc
    Cole’s Bar is open plan providing public bar with male and female WC’s. The bar is finished to a good standard with timber flooring, part brick/timber clad walls with wall mounted lighting and recessed spotlights. Seating is provided via a range of upholstered perimeter benches and timber bar stools and this bar is serviced via a timber bar servery.  Adjoining this area on the ground floor is Café Roc which is not currently being used. This area is accessed off Strand Road. Ancillary areas including keg store are included on the ground floor.

    First Floor - Earth Nightclub
    This area is accessed directly off Strand Road. Again the first floor is not currently being used. A smoking area is located on the second floor.

    Ground Floor: 339 sq m (3,649 sq ft)
    First Floor: 375 sq m (4,030 sq ft)
    Second Floor: 59 sq m (633 sq ft)
    Total: 773 sq m (8,318 sq ft)

    Site Area: 607 sq m (0.15 acres)

    Please note the premises are licensed for 880 patrons.

    The property was recently granted full planning permission for the demolition of the existing public house and construct 14 no. 2 bedroom apartments and 2 no. 3 bedroom apartments. Planning application reference LA11/2016/0327/F.

    An inventory of the fixtures and fittings to be included in the sale will be provided.

    The property is being sold with the benefit of a 5 (1) (a) liquor licence.

    The licensed premises is currently trading on a reduced basis as only Cole’s Bar is being utilised on a full time basis. Planning permission for the development of an apartment scheme is pending. Our client is willing to consider expressions of interest on the following basis:-
    1. Property and licence
    2. Liquor licence
    3. Development only

    EPC - D88

    Location of Cole"s Bar, Cafe Roc And Earth Nightclub, Derry

    The licensed property is located on a prominent position on the Strand Road at its junction with Rock Road close to Derry city centre. The Strand Road acts as a busy thoroughfare between the University of Ulster Magee Campus and the city centre, benefitting from a high level of passing pedestrian and vehicular traffic. Derry is the second largest city in Northern Ireland with a population of 107,877 persons in the 2011 census.

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    Contact the Agent

    Osborne King

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