191 Killinchy Rd 3,226 SF 100% Leased Retail Building Newtownards BT23 6AA For Sale

The single storey property sits on a generous site, fronting onto the Killinchy Road within the village of Lisbane. It has ample car parking for approximately 45 vehicles. This Grade II listed Thatched building was sensitively restored and extended (c 2005) to provide the current substantial development, 90 seated restaurant, with a further 30 seats in the central courtyard and 30 outside seats located at the front entrance. To the rear of the property there is an enclosed garden area providing further additional outside seating.
Site Area – 0.61 acres (0.32 hectares)
Rates
We have been advised by the Land and Property Services of the following rating information:
Net Annual Value: £11,600
Estimated Rates Payable: £6,596
This property may qualify for Small Business Rates Relief of up to 20%. Prospective purchasers should make their own independent enquiries to LPS.
Planning
The vendor has recently received full planning permssion for the erection of a single storey side extension to provide 6 bedrooms for tourist accommodation. Planning reference LA06/2021/0729/LBC.
Business Opportunity
Our client has carried out an extensive programme of improvements to the property and business, which currently includes upgrading of the thatch roof. This well established licensed cafe?/restaurant provides breakfast, a full lunch service and afternoon tea. Most food is sourced locally and prepared on site.
In addition the O.P.O. offers food-to-go, available in the Kitchen Shop at the entrance to the café, which has a full range of savoury and bakery products. The business also has an on site gift shop.
The licensed venue also provides the perfect setting for weddings and currently operates Friday night supper clubs, which only occur on the 1st Friday of each month. This is a thriving going concern allowing a purchaser a great opportunity to enhance the offering and increase the turnover. Currently trading Tuesday-Saturday, there is great potential to extend the trading hours in the evenings and open.