The public house is located in the centre of Gilford which sits on the River Bann between the towns of Banbridge, Tandragee and Portadown. It had a population of 1,573 people in the 2001 census. The property is located on Mill Street in the centre of the town adjacent to all local amenities.
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The substantial property comprises two mid terrace two storey properties with a vehicular access to the rear. No. 34 comprises the public house which includes a front public bar, rear lounge, kitchen and ancillary areas. The bar and lounge area have bar serveries in each. Seating is provided by fixed perimeter seating along with free standing tables and chairs. The bar and lounge are finished to a good standard and to the rear is a fitted stainless steel kitchen. On the first floor are further storage areas.
No. 36 comprises a derelict former parochial dwelling with outbuildings which requires complete refurbishment, and has a substantial garden and car parking area to the rear.
The property is in the town centre and is within an area of Townscape Character as set out in the Banbridge/Newry and Mourne Area Plan 2015. No. 36 previously had planning permission for Bed and Breakfast accommodation.
An inventory of the fixtures and fittings to be included in the sale will be forwarded to interested parties.
The vendors are currently seeking to retire from the business which they have owned since the 1990’s. The public house is trading purely on a beverage sales basis as the kitchen was closed a couple of years ago. This sale offers a purchaser the opportunity to acquire a licensed business in the heart of Gilford with the potential to reopen the restaurant and enhance the business. In addition the vacant adjoining property could be renovated to provide some commercial or residential scheme.
The property is being sold with the benefit of an Article 5 (1) (a) liquor licence.
The property and business is being offered for sale on a private treaty basis.
EPC - D81
No. 34 t/a The Pheasant Lodge Grd Flr Public Bar- 973 square feet