Lot 14 - 73 Kilmorey Street, Newry, Co Down, BT34 2DH

  • Unconditional Online Auction Sale
  • Maximum Reserve : £225,000

Maximum Reserve: £225,000

Former McCoys Public House

  • Refurbishment/Development Opportunity
  • Site Area 708 sq m (0.175 acres)
  • Building Area GIA 423 sq m (4,554 sq ft)

Location

The property is located in Newry on the south side of the city centre. The property is located on the busy arterial route of Kilmorey Street which leads onto the A2 Warrenpoint Road. The property overlooks Newry River and is in a mixed residential and commercial area made up of terrace housing and commercial occupiers including Appletree Dental Care and Kosi Corporation Ltd. The Quays and Buttercrane Shopping Centres are within close proximity to the subject.

Description

The property comprises a substantial corner building over 2 levels of traditional construction covered with a pitched roof to include a large yard to the rear accessed off Custom House Avenue.

The former public house provided a ground floor self-contained off sales element adjoining separate public bar/lounge with ancillary accommodation on the first floor with a large service yard to the rear. the property benefits from multiple from access off Kilmorey Street and also Custom House Avenue.

The former public house provides a large two storey building which is in good shell condition. To the rear and side is a large accessible yard. The property could be reopened as a public house subject to licensing or some commercial use. Alternatively the property could be redeveloped to provide housing subject to planning.

Accommodation

Site Area: 708 sq m (0.175 acres)
Building Gross Internal Area: 4,554 sq ft (423 sq m)

EPC

An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - C66

Viewing

Contact Osborne King’s Auction Team.

Planning

The property falls within the Settlement Limit of the city centre as outlined in the Banbridge/Newry & Mourne Area Plan 2015. It is not zoned for any specific use. We understand that there are no live or valid planning consents for this property.

We understand the premises may benefit from a liquor licence however the business closed in 2012. We would recommend and advise that any prospective purchaser takes there own independent advice in respect of all licensing matters.

VAT

All figures quoted are exclusive of and may therefore be liable to VAT.

Title

Please refer to vendor’s solicitor for Title Pack or download from the iOK Auction website (www.iokauction.com).

Land and Property Services Rates Assessment

Not currently assessed.

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Security Deposit

£10,000

Buyer's Administration Fee

£720

Maximum Reserve

£225,000

Vendors Solicitor

Deirdre Mullan, Diamond Heron, Diamond House, 7-19 Royal Avenue, Belfast, BT1 1FB
028 9024 3726

Agreement Documents

Additional Documents

Related Documents

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