For Sale

10-12 Shore Road, Holywood, Down, BT18 0HX

Offers in the region of

£425,000

Calculate Mortgage Now
Photo 1 of 14
Retail
D 94
EPC Rating

Location of 10-12 Shore Road

My Important Places

Add important places to see how far they are from this property.

comprises

Restaurant
964 sq.ft. (89.6 sq.m.)
Kitchen / Prep
630 sq.ft. (58.6 sq.m.)
Office / Store
62 sq.ft. (5.7 sq.m.)
Apartment
Gross area c.1,100 sq.ft. (102 sq.m.)
Apartment
Gross area c.1,010 sq.ft. (94 sq.m.)

description

This building is ideally situated in the heart of Holywood town centre close to the Maypole Bar. The ground floor restaurant has successfully traded as Koi, Chinese/Asian cuisine, for some 10 years and now is available due to the retirement of the owners. This property comprises the superb and well established Koi restaurant to the ground floor together with generous upper floors suitable for refurbishment to provide two large apartments. The building has recently been substantially upgraded. The ground floor restaurant is well fitted out for some 70 covers and has an exceptionally spacious and superbly appointed kitchen.

SIZE

Ground Floor
Restaurant 964 sq.ft. (89.6 sq.m.)
Kitchen / Prep 630 sq.ft. (58.6 sq.m.)
Office / Store 62 sq.ft. (5.7 sq.m.)
Ladies and Gents W.C.'s
Staff W.C.

First Floor
Apartment (gross area) c.1,100 sq.ft. (102 sq.m.)

Second Floor
Apartment (gross area) c.1,010 sq.ft. (94 sq.m.)

VAT

We are advised that VAT is not applicable to the price

FIXTURES/FITTINGS

May be purchased by negotiation

DEVELOPMENT

Plans proposed for refurbishment of upper floor by the experienced Architect, Rory Graham of 23 Design Architects are in the attached pdf brochure. These are for stores on first floor and apartment on second but give a good indication of potential for 2 large apartments. 

RATES

Ground Floor
No 10 - NAV £5,950.00
Rates payable 2019/20 - £2,712.42
No 12 - NAV £9,900.00
Rates payable 2019/20 - £4,513.11

First Floor
Capital Value - Apartment - £125,000

Second Floor
Capital Value - Apartment - £115,000

Property Costs

  • Status: For Sale
  • Offers in the region of£425,000
  • Stamp Duty: £0*

* Stamp duty rates provided as a guide only. Additional charges may apply. Please refer to the tax service's website for more information.

Downloads

Mortgage Calculator

in association withUlster Bank
10%
years
%
£1,826.11 per month
How much could I borrow?

These results are not provided by Ulster Bank and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Similar Properties

Contact Agent

Templeton Robinson (Commercial)
54 High Street

Other costs to budget for

Wilson Nesbitt Solicitors

Get a free property legal expenses quotation