"newtoun Bar", 163-165 Irish Green Street

Opportunity to acquire this fully licenced local landmark property and community hub, which has succedssully traded here for the last 40 years and is a popular social venue for Limavady and the surrounding area.

The holding comprise a public bar, a separate let commercial unit (Custom House Barbers) and 9 no. residential (partially let() flats and a spacious off street parking area.

The Public House is currently owner occupied, so ideal for same going forward or for letting to enhance investment value.

The Full Public Bar licence is clean, subsisting and without dispute.

LOCATION
Situated along Irish Green Street towards the South West of Limavady town centre, the property benefits from a good deal of passing vehicular and pedestrian traffic and is in close proximity to local shops, Pharmacy and Hot Food provision.

INVESTMENT INCOME
Commercial unit: Let at £10,644 per annum

9 Flats: Let at £4,500 to £5,200 per annum (each)

Potential from the Public House: c. £30,000 per annum, (if not owner occupied)

TOTAL POTENTIAL IF FULLY LET IS IN EXCESS OF £80,000 PER ANNUM

ACCOMODATION

NEWTOUN INN BAR

Main bar and seating area
580 sqft

Side bar and seating area
920 sqft

Pool room
425 sqft

Store/keg room
220 sqft

Kitchen
200 sqft

WC's x 2

COMMERCIAL UNIT - Let to Custom House Barbers

Main unit
520 sqft

Rear area
160 sqft

Store
80 sqft

RESIDENTIAL UNITS

Flat 1
364 sqft

Flat 2
364 sqft

Flat 3
407 sqft

Flat 4
598 sqft

Flat 5
364 sqft

Flat 6
364 sqft

Flat 7
342 sqft

Flat 8
342 sqft

Flat 9
342 sqft

RATES
Newtoun Inn Bar - NAV £30,300
Flat 1 - £330.68
Flat 2 - £330.68
Flat 3 - £348.08
Flat 4 - £452.50
Flat 5 - £330.68
Flat 6 - £330.68
Flat 7 - £313.27
Flat 8 - £313.27
Flat 9 - £330.68

EPC's
Newtoun Inn Bar - 73C

Commercial Unit - 87D

Flat 1 - Current 63D Potential 66D
Flat 2 - Current 64D Potential 67D
Flat 3 - Current 65D Potential 66D
Flat 4 - Current 61D Potential 66D
Flat 5 - Current 66D Potential 70D
Flat 6 - Current 65D Potential 68D
Flat 7 - Current 65D Potential 66D
Flat 8 - Current 62D Potential 62D
Flat 9 - Current 66D Potential 66D