45-47 South Street, Newtownards, County Down, BT23 4JT
£300,000
Description & Features
- Substantial Period Building
- Former Pub and Restaurant with Outdoor Space
- 6,846 sq ft (636 sq m)
The premises comprises an extensive two storey end terrace building which previously provided a public bar and restaurant with beer garden on the ground floor. The first floor provided a lounge and function room areas. Internally the ground floor is finished to a good standard throughout with the restaurant located to the front accessed off South Street. To the rear ground floor the former public bar has its own self contained access off Upper Court Street. The first floor is accessed off the South Street entrance via a timber stairwell. The first floor provides an open plan lounge and function facility finished to a good standard.
Site Area - 0.21 acres
Development/Refurbishment Potential
The former public house is still currently fitted as a licensed premises and could re-open as a restaurant subject to a licence. The prominent commercial building would be suitable for a variety of commercial uses subject to planning. In addition the property could be refurbished to provide residential units, again subject to planning.
As set out in the Ards & Down Area Plan 2015 the town centre site is not zoned for a particular use however it is within an area of Archaeological Potential.
Guide Price
Offers over £300,000. The Vendor may consider leasing the property.
Housing Tenure
Type of Tenure
Not Provided
Location of 45-47 South Street
The property occupies a prominent corner site on South Street with a substantial return frontage onto Upper Court Street in the centre of Newtownards which is located at the northern tip of Strangford Lough and approximately 16 kms (10 miles) east of Belfast.
Energy Rating
Current Energy Rating
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