Room Measurements

ADDITIONAL INFORMATION

An exciting opportunity to acquire Patsy's Bar, a well-known former public House located in the heart of Kilkeel. Although no longer trading, the property still holds an active liquor license valid until 2027, offering a unique prospect for those looking to revive a bar business or explore other commercial ventures. Patsy's Bar boasts a traditional layout with a spacious bar area, ample seating, and room for live entertainment or dining. The property also includes a two-bedroom apartment on the upper floor, ideal for owner accommodation or as a rental unit for additional income. The owner is open to selling the liquor license separately, providing flexibility for buyers who may wish to purchase the license independently from the property itself. This is a fantastic opportunity for investors, publicans, or entrepreneurs looking to establish themselves in Kilkeel with the advantage of an existing license and versatile premises.

LOCATION

The Property is located in the heart of Kilkeel, a bustling and vibrant coastal town nestled at the foot of the Mourne Mountains in County Down. This prime location places the property on one of Kilkeel’s most prominent and well-traveled streets, ensuring excellent visibility and foot traffic for any commercial venture. Greencastle Street is a key artery through the town, surrounded by a mix of established businesses, retail outlets, and essential services, making it a central hub for local commerce. The property is also just a short distance from Kilkeel Harbour, one of the largest fishing ports in Northern Ireland, adding to the area’s economic activity. The strategic location provides easy access to major roads, connecting Kilkeel to nearby towns such as Newry and further afield to Belfast and Dublin, making it an ideal spot for businesses looking to attract both local customers and those from surrounding regions.

DESCRIPTION & KEY FEATURES

- Traditional Pub Layout: The property boasts a spacious bar area with ample seating, creating an inviting atmosphere perfect for social gatherings, dining, or live entertainment. - Versatile Space: The layout allows for various configurations, whether as a traditional pub, restaurant, or a new commercial venture. - Two-Bedroom Apartment: The upper floor includes a well-maintained two-bedroom apartment, ideal for owner accommodation or as a rental unit, offering additional income potential. - Flexible Licensing Options: The owner is open to selling the liquor license separately, providing flexibility for buyers who may wish to purchase the license independently of the property. - Solar Panels - Yard With Rear Access

NAV

We are advised that the NAV is £10,100.00 Estimated Rates Payable 22/23: £5,863.39 per annum. The property should benefit from the Small Business Rates Relief Scheme, which would provide an occupier with a 20% reduction in rates payable. However; we recommend that you verify this with Land & Property Services.

VIEWING DETAILS/ FURTHER INFORMATION

For further information or to arrange a viewing, please contact: Stephen Gray, Manager - Commercial Property T: 028 300 50633 E: stephen.gray@bradleyni.com