Investment
Savages Bar, 27 Stream Street
Downpatrick, County Down, BT30 6DE
price
£1,200
- Status For Rent
- Property Type Investment
- Available From 17/01/2025
- Furnished Furnished
Key Features & Description
Description
Located in the heart of Downpatrick, this charming pub offers an exceptional opportunity for anyone looking to enter the hospitality industry. Situated on one of the town's busiest streets, the pub benefits from high visibility and consistent foot traffic, particularly during evenings and weekends. Downpatrick, known for its rich history and vibrant community, ensures a steady flow of potential patrons.We are delighted to present this fantastic opportunity to acquire a fully equipped and ready-to-trade bar, ideally situated in the heart of Downpatrick, Co. Down. With its inviting ambiance and excellent facilities, this property is perfectly suited for an ambitious operator to step in and start trading immediately.
TERMS:-
Rent: £14,400 Per AnnumDeposit: 3 Month equivalentTerm: 36 Months
RATEABLE VALUATION:-
We are advised that the NAV is £8350Rate in £ (2022-2023): 0.51521Estimated Rates Payable 22/23: £4847.46 per annum.The annual rate calculation shows full annual rates for the current rating year (April to March). It does not include any reductions for rate reliefs, exemptions, or exclusions, or any emergency measures introduced to assist those impacted by COVID-19.
Located in the heart of Downpatrick, this charming pub offers an exceptional opportunity for anyone looking to enter the hospitality industry. Situated on one of the town's busiest streets, the pub benefits from high visibility and consistent foot traffic, particularly during evenings and weekends. Downpatrick, known for its rich history and vibrant community, ensures a steady flow of potential patrons.We are delighted to present this fantastic opportunity to acquire a fully equipped and ready-to-trade bar, ideally situated in the heart of Downpatrick, Co. Down. With its inviting ambiance and excellent facilities, this property is perfectly suited for an ambitious operator to step in and start trading immediately.
TERMS:-
Rent: £14,400 Per AnnumDeposit: 3 Month equivalentTerm: 36 Months
RATEABLE VALUATION:-
We are advised that the NAV is £8350Rate in £ (2022-2023): 0.51521Estimated Rates Payable 22/23: £4847.46 per annum.The annual rate calculation shows full annual rates for the current rating year (April to March). It does not include any reductions for rate reliefs, exemptions, or exclusions, or any emergency measures introduced to assist those impacted by COVID-19.
Property Location
Contact Agent
Contact Simon Brien Bradley (Newry)
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Savages Bar, 27 Stream Street, Downpatrick, County Down, BT30 6DE
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