Restaurant
Portmor Bar/restaurant, Blackwatertown
dungannon, BT71 7HL
guide price
£340,000
- Status For Sale
- Property Type Restaurant
- Bedrooms 4
- Receptions 2
- Bathrooms 4
-
Stamp Duty
Higher amount applies when purchasing as buy to let or as an additional property£7,000 / £24,000*
Description
For sale by CPS Property via the iamsold Bidding Platform
Please note this property will be offered by online auction (unless sold prior). For auction date and time please visit iamsoldni.com. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.
WELL ESTABLISHED - PROFITABLE – BAR & RESTAURANT BUSINESS FOR SALE
We are delighted to welcome to the market this well-established and reputable Bar and Restaurant business; as well as a four bedroom apartment on the 1st floor; that has been the centre of the Blackwatertown Village for a great number of years.
The business has been trading for a long time and has been with the current owners the last 10+ Years.
The Portmor Bar & Restaurant offers a fantastic opportunity for those within the industry or someone looking to enter the industry to take on this thriving business.
LOCATION
The Portmor Bar & Restaurant is located within the village of Blackwatertown; being centrally located between Armagh, Moy, Benburb, and Dungannon. Ideally situated the bar and restaurant benefits from ease of access to the local community and further afield.
DESCRIPTION
The two-story premises is circa 6,349 Sqft and comprises a detached two-storey building of traditional construction with a pitched slate roof. The building has been further extended to the rear by way of a single storey covered with a mix of pitched corrugated and flat roof. There is a service yard and outdoor function area to the rear of the building; accessed via Main Street and Blackwatertown Road.
The property comprises a spacious bar and lounge area to the front fitted with a feature wooden bar and seating booths and tables. To the rear there is an extensive restaurant floor, feature wooden bar, and toilet facilities; with the main kitchen and an ancillary area accessed off to the side. The kitchen is fully fitted with ample preparation and storage areas.
The entire restaurant is fitted out to a very high contemporary standard with various seating provided by way of free-standing chairs and tables and booth style seating. The flooring is a mix of both fitted carpet and wooden flooring throughout the restaurant, feature lighting, and air conditioning.
Leading off the ground floor at the far-right hand side either internally or separate access off Main Street is the first floor; circa 1,820 Sqft. This area was previously a 4-bedroom residential accommodation; however, now currently used for staff, storage and service area. This area however has the potential to be converted back to residential use; subject to any required statutory planning approval.
The business is offered for sale as a going concern and the purchaser will be required to comply with the current TUPE legislation and employment transfer
RATES
As per the LPS website:
Non-Domestic - NAV - £21,400 with Rates Payable for 2024/25 - £12,616
Domestic - CRV - £95,000 with Rates Payable for 2024/25 - £960
Energy Rating D83
TO VIEW OR MAKE A BID Contact CPS Property or iamsold, www.iamsoldni.com
Please note this property will be offered by online auction (unless sold prior). For auction date and time please visit iamsoldni.com. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.
WELL ESTABLISHED - PROFITABLE – BAR & RESTAURANT BUSINESS FOR SALE
We are delighted to welcome to the market this well-established and reputable Bar and Restaurant business; as well as a four bedroom apartment on the 1st floor; that has been the centre of the Blackwatertown Village for a great number of years.
The business has been trading for a long time and has been with the current owners the last 10+ Years.
The Portmor Bar & Restaurant offers a fantastic opportunity for those within the industry or someone looking to enter the industry to take on this thriving business.
LOCATION
The Portmor Bar & Restaurant is located within the village of Blackwatertown; being centrally located between Armagh, Moy, Benburb, and Dungannon. Ideally situated the bar and restaurant benefits from ease of access to the local community and further afield.
DESCRIPTION
The two-story premises is circa 6,349 Sqft and comprises a detached two-storey building of traditional construction with a pitched slate roof. The building has been further extended to the rear by way of a single storey covered with a mix of pitched corrugated and flat roof. There is a service yard and outdoor function area to the rear of the building; accessed via Main Street and Blackwatertown Road.
The property comprises a spacious bar and lounge area to the front fitted with a feature wooden bar and seating booths and tables. To the rear there is an extensive restaurant floor, feature wooden bar, and toilet facilities; with the main kitchen and an ancillary area accessed off to the side. The kitchen is fully fitted with ample preparation and storage areas.
The entire restaurant is fitted out to a very high contemporary standard with various seating provided by way of free-standing chairs and tables and booth style seating. The flooring is a mix of both fitted carpet and wooden flooring throughout the restaurant, feature lighting, and air conditioning.
Leading off the ground floor at the far-right hand side either internally or separate access off Main Street is the first floor; circa 1,820 Sqft. This area was previously a 4-bedroom residential accommodation; however, now currently used for staff, storage and service area. This area however has the potential to be converted back to residential use; subject to any required statutory planning approval.
The business is offered for sale as a going concern and the purchaser will be required to comply with the current TUPE legislation and employment transfer
RATES
As per the LPS website:
Non-Domestic - NAV - £21,400 with Rates Payable for 2024/25 - £12,616
Domestic - CRV - £95,000 with Rates Payable for 2024/25 - £960
Energy Rating D83
TO VIEW OR MAKE A BID Contact CPS Property or iamsold, www.iamsoldni.com
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Portmor Bar/restaurant, Blackwatertown, dungannon, BT71 7HL
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