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The Anchor Bar 49 Castle St 1,500 SF Retail Building Downpatrick BT30 7QQ $614,453 ($409.64/SF)



Investment Highlights
- Fully Licensed Public House
- Development Potential At Rear (STP)
- First & Second Floor Living Accommodation
Executive Summary
The Anchor Bar is a well established and popular public house occupying a prominent position in the heart of the coastal village of Killough. Offered for sale as a going concern, this is a fantastic opportunity to acquire an established licensed premises with spacious private living accommodation and exciting potential for further development.
The ground floor provides generous trading accommodation comprising a main bar, two lounge areas, customer WC facilities, off-sales area, keg store, bottle store and associated ancillary space. The upper floors offer substantial three bedroom living accommodation, including a kitchen, living room, bathroom and dressing area, providing the option for an owner occupier to live conveniently above the business, or achieve rental income. Adding considerably to the appeal is the land to the rear, offering potential for further development or expansion, subject to the necessary planning and statutory approvals. Killough is a picturesque coastal village on the County Down shoreline, conveniently positioned between Ardglass and Downpatrick and surrounded by some of the area's most attractive countryside and coastline. With a strong and close knit local community, The Anchor Bar has long been a familiar meeting place and an integral part of village life, serving generations of locals and visitors alike. Combining an established trading business, extensive residential accommodation and future development potential, The Anchor Bar represents a rare opportunity for a new owner to take over a well known local establishment and build upon its place at the heart of the Killough community.
The ground floor provides generous trading accommodation comprising a main bar, two lounge areas, customer WC facilities, off-sales area, keg store, bottle store and associated ancillary space. The upper floors offer substantial three bedroom living accommodation, including a kitchen, living room, bathroom and dressing area, providing the option for an owner occupier to live conveniently above the business, or achieve rental income. Adding considerably to the appeal is the land to the rear, offering potential for further development or expansion, subject to the necessary planning and statutory approvals. Killough is a picturesque coastal village on the County Down shoreline, conveniently positioned between Ardglass and Downpatrick and surrounded by some of the area's most attractive countryside and coastline. With a strong and close knit local community, The Anchor Bar has long been a familiar meeting place and an integral part of village life, serving generations of locals and visitors alike. Combining an established trading business, extensive residential accommodation and future development potential, The Anchor Bar represents a rare opportunity for a new owner to take over a well known local establishment and build upon its place at the heart of the Killough community.
Property Facts
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,500 SF
Building Class
B
Year Built
1890
Price
$614,453
Price Per SF
$409.64
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.38
Lot Size
0.09 AC
Amenities
- Storage Space
- Smoke Detector
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The Anchor Bar | 49 Castle St
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