"Newtoun Bar", 163-165 Irish Green Street, Limavady, BT49 9AR

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