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Henry's Bar & The Jailhouse, 4 Joys Entry, Belfast, BT1 4DR

Investment Property

Price £3,500,000

Property Overview

Status

For Sale

Style

Investment Property

Agent Logo

Contact Savills (NI) Ltd

+44 28 9027 0000

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Additional Information

  • Freehold public house investment in the heart of Belfast city centre.
  • The venue was restored in 2018 and relaunched as Henry's Bar & The Jailhouse.
  • Let to 3 Wise Men Pubs Limited on a straight 20yr lease from 13/10/2017.
  • Current passing rent of £200,770 per annum.
  • Draught beer bonuses of approx. £50,000 per annum under the supply agreement.
  • Five yearly upwards only rent reviews linked to RPI. Next review 12/10/2027.
  • Highly reversionary with a fixed rental uplift of £55,000 on 01/01/2029.
  • Secure income with an attractive wault to term certain of 11.64 years.
  • 3 Wise Men Pubs Limited is wholly owned by Clover Group.
  • Business unaffected by sale.
Henry’s Bar & The Jailhouse comprises a highly popular and well‑established licensed venue situated in the heart of Belfast city centre. Formerly trading as McCracken’s, the property underwent a comprehensive refurbishment and relaunch in July 2018, resulting in a modern, high‑quality hospitality offering across its various trading areas.



Henry’s Public Bar is accessed directly from Joy’s Entry via two sets of double timber-framed entrance doors, leading into an impressive, open-plan trading space finished to an excellent standard.



A full-length, marble-topped timber bar servery forms the centrepiece of the room, complemented by timber panel flooring, timber wall panelling, plastered and papered ceiling finishes, and a range of specialist lighting.



Seating is provided through a mix of individual timber tables and chairs, upholstered perimeter booths, and both high and low-level bar stools, allowing for a flexible and comfortable layout that supports v

Directions

Belfast is one of the most dynamic and resilient hospitality markets in the UK and Ireland, supported by a strong visitor economy, a growing resident population, and a well‑established leisure sector.

Location

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Agent Accreditations

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Agent Logo

Contact Savills (NI) Ltd

+44 28 9027 0000

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