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.
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.)
We are advised that VAT is not applicable to the price
May be purchased by negotiation
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.
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
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.