Retail
16 Upper Water Street
newry, BT34 1DJ
price
£294,950
- Status For Sale
- Property Type Retail
-
Stamp Duty
Higher amount applies when purchasing as buy to let or as an additional property£4,748 / £19,495*
Rooms
WHAT'S ON OFFER
Crozier´s - A Historic Hospitality Gem in the Heart of Newry
Proudly standing in the centre of Newry for over a century, "Crozier´s" 16 Upper Water Street, Newry, is a renowned public house with deep roots in the city´s social and commercial life. Ideally located on Upper Water Street, this prominent and long-established premises offers an exceptional opportunity for both investors and owner-occupiers.
Currently operating as a fully licensed and fully equipped bar, the property is ready for immediate takeover, presenting a rare turn-key opportunity in a high-footfall, high-visibility location.
Beyond its bustling bar area, the property also features substantial onsite accommodation, including a kitchen, three bedrooms, two living rooms, and a bathroom - ideal for personal use, staff housing, or potential rental income.
Set amidst one of Newry´s most vibrant commercial districts, Crozier´s benefits from a loyal local customer base and consistent visitor trade. This is a unique chance to own a piece of Newry´s heritage - and shape its next chapter.
Proudly standing in the centre of Newry for over a century, "Crozier´s" 16 Upper Water Street, Newry, is a renowned public house with deep roots in the city´s social and commercial life. Ideally located on Upper Water Street, this prominent and long-established premises offers an exceptional opportunity for both investors and owner-occupiers.
Currently operating as a fully licensed and fully equipped bar, the property is ready for immediate takeover, presenting a rare turn-key opportunity in a high-footfall, high-visibility location.
Beyond its bustling bar area, the property also features substantial onsite accommodation, including a kitchen, three bedrooms, two living rooms, and a bathroom - ideal for personal use, staff housing, or potential rental income.
Set amidst one of Newry´s most vibrant commercial districts, Crozier´s benefits from a loyal local customer base and consistent visitor trade. This is a unique chance to own a piece of Newry´s heritage - and shape its next chapter.
DESCRIPTION
Croziers Bar is a well-known and much-loved traditional Irish pub, steeped in local history and character. The premises exudes warmth and authenticity, featuring original wood panelling, classic bar fittings, and a welcoming atmosphere. The layout is both functional and charming, comprising a main bar area, lounge seating, and ancillary spaces including storage, staff facilities, and customer restrooms.
The property has been meticulously maintained, blending traditional décor with the operational requirements of a modern licensed premises. It enjoys consistent footfall from both locals and visitors, benefitting from its excellent reputation for service and atmosphere.
The property has been meticulously maintained, blending traditional décor with the operational requirements of a modern licensed premises. It enjoys consistent footfall from both locals and visitors, benefitting from its excellent reputation for service and atmosphere.
LOCATION
Newry is a vibrant and rapidly developing city located in County Down, Northern Ireland, with a population of approximately 29,000 as of the 2021 Census. Positioned along the scenic Clanrye River and near the border with the Republic of Ireland, Newry serves as a key commercial and retail destination for the surrounding region.
The city has seen significant growth in recent years, attracting both local and international investment. Major retailers such as Tesco, Sainsbury´s, and The Quays Shopping Centre are well-established in the area, alongside popular hospitality names like Costa, McDonald´s, and a variety of independent cafés and pubs. Newry also benefits from strong transport links, situated approximately 35 miles south of Belfast and just 20 miles northwest of Dundalk, offering easy access via road and rail.
Demand for both commercial and residential property in Newry remains strong, driven by its strategic location, cross-border trade potential, and ongoing regeneration projects. Upper Water Street, where the subject property is located, is a well-known and centrally positioned thoroughfare, benefiting from high visibility and steady footfall.
The city has seen significant growth in recent years, attracting both local and international investment. Major retailers such as Tesco, Sainsbury´s, and The Quays Shopping Centre are well-established in the area, alongside popular hospitality names like Costa, McDonald´s, and a variety of independent cafés and pubs. Newry also benefits from strong transport links, situated approximately 35 miles south of Belfast and just 20 miles northwest of Dundalk, offering easy access via road and rail.
Demand for both commercial and residential property in Newry remains strong, driven by its strategic location, cross-border trade potential, and ongoing regeneration projects. Upper Water Street, where the subject property is located, is a well-known and centrally positioned thoroughfare, benefiting from high visibility and steady footfall.
FIXTURES AND FITTINGS
An inventory of fixtures and fittings to be included in the sale will be made available upon request.
Stock and equipment offered as an optional extra.
Stock and equipment offered as an optional extra.
KEY FEATURES
- Traditional Bar Layout: The property features a generous bar area with plenty of seating, offering a warm and welcoming setting that´s ideal for social events, casual dining, or live entertainment.
- Flexible Interior Space: The layout is adaptable, making it suitable for a variety of uses-whether you´re looking to reopen as a pub, establish a restaurant, or pursue a new commercial idea.
- On-Site Accommodation: The upper level includes a well-kept three-bedroom apartment, perfect for an owner-operator or as a rental opportunity to generate additional income.
- Liquor License Available: The owner is open to selling the liquor license separately, giving potential buyers added flexibility depending on their plans for the property.
- New Keg and Python System - Recently installed for efficient and reliable draught service.
- Glass Washer - Included for fast and hygienic glassware turnaround.
- EPOS System - Modern electronic point of sale system for streamlined transactions.
- CCTV Throughout - Comprehensive security coverage across the premises.
- High-Speed Broadband - Ensures reliable connectivity for operations and customer use.
- Flexible Interior Space: The layout is adaptable, making it suitable for a variety of uses-whether you´re looking to reopen as a pub, establish a restaurant, or pursue a new commercial idea.
- On-Site Accommodation: The upper level includes a well-kept three-bedroom apartment, perfect for an owner-operator or as a rental opportunity to generate additional income.
- Liquor License Available: The owner is open to selling the liquor license separately, giving potential buyers added flexibility depending on their plans for the property.
- New Keg and Python System - Recently installed for efficient and reliable draught service.
- Glass Washer - Included for fast and hygienic glassware turnaround.
- EPOS System - Modern electronic point of sale system for streamlined transactions.
- CCTV Throughout - Comprehensive security coverage across the premises.
- High-Speed Broadband - Ensures reliable connectivity for operations and customer use.
NAV
We are advised that the NAV is £4,000
Estimated Rates Payable 22/23: £2,403.14
Estimated Rates Payable 22/23: £2,403.14
VIEWING DETAILS/ FURTHER INFORMATION
For further information or to arrange a viewing, please contact:
Stephen Gray, Manager - Commercial Property
T: 028 300 50633
E: stephen.gray@bradleyni.com
Stephen Gray, Manager - Commercial Property
T: 028 300 50633
E: stephen.gray@bradleyni.com
Living Accommodation
Living Room 8'9" X 12'5" (2.69m X 3.80m)
Re plastered, Carpet floor, Double radiator.
W.C 7'10" X 7'0" (2.40m X 2.15m)
Tiled floor, Electric shower, Toilet, Sink and pedestal, Single glaze windows.
Kitchen/ Dinning Room 8'9" X 18'7" (2.69m X 5.68m)
Carpet floor with part tiled, Recently re plastered, Laminate worktop, Aluminum sink, Fridge.
Living Room 2 9'10" X 13'0" (3.02m X 3.97m)
Carpet floor, Double radiator, Ornamental fireplace, Feature lighting.
Bedroom 1 10'3" X 13'0" (3.13m X 3.98m)
Re plastered, Carpet floor, Double glazed uPVC windows.
Bedroom 2 10'3" X 12'11" (3.13m X 3.94m)
Re plastered, Carpet floor, Double glazed uPVC windows.
Bedroom 3 7'4" X 13'0" (2.25m X 3.98m)
Re plastered, Carpet floor, Double glazed uPVC windows, Access to attic storage.
Broadband Speed Availability
Potential Speeds for 16 Upper Water Street
Max Download
80
Mbps
Max Upload
20
MbpsThe speeds indicated represent the maximum estimated fixed-line speeds as predicted by Ofcom. Please note that these are estimates, and actual service availability and speeds may differ.
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