The Marine Bar, 4 Marine Parade, Warrenpoint, County Down, BT34 3NB
£500,000
Contact Osborne King
Description & Features
- Extensive Licensed Premises
- For Sale Due to Owner/Vendor Retirement
This is a mid-terrace traditionally constructed over 2½ levels which has been extended to the rear, providing a purpose?built licensed premises in the form of a public house and nightclub.
Internally the property is laid out to provide a front bar, rear lounge as well as the self-contained nightclub to the rear ground floor, accessed through a separate entrance off Marine Parade.
The property benefits from ample WC’s, compact kitchen area, keg and bottle stores with additional storage on the first and attic floors.
Title
We understand that the property is held Freehold/Long Leasehold.
Planning
This property may be suitable for residential re?development or other commercial uses, subject to necessary approvals.
Fixtures and Fittings
An inventory of the fixtures and fittings to be included in the sale will be provided.
Licence
The property benefits from a 5(1)(a) liquor licence.
Opportunity
The subject provides an opportunity for a purchaser to acquire this substantial town centre licensed premises. The ground floor licensed premises is finished to a reasonable standard. The upper floors are dated but could be utilised as part of the business or converted into residential subject to planning. Clearly the building itself may suit conversion to residential also.
Sale Proposal
We have been instructed to seek offers over £500,000 exclusive. The property is being sold as seen to include fixtures and fittings exc stock.
EPC - E117
Ground Floor - 9,123 square feet
First Floor- 801 square feet
Second Floor - 801 square feet
Total Area - 10,725 square feet
Location of The Marine Bar
The property is in port town of Warrenpoint south of Newry, Co Down and close to the border county of Louth. The town is overlooked by the Mournes and Cooley Mountains at the head of Carlingford Lough. The premises are situated on Marine Parade and benefits from views of Carlingford Lough and the Cooley Mountains. The general area is a mix of commercial and residential occupiers.
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