Third Floor, Rose Buildings, 16 Howard Street, Belfast BT1 6PA +44-(0)28-9031 6121 | gvani.co.uk

FOR SALE / TO LET The Imperial Inn, 38 Bridge Street, Banbridge, Co. Down BT32 3JS

> Popular licensed premises situated in Banbridge Town Centre.

> Extensive property with significant development potential.

> Potential to further develop a profitable going concern or to redevelop for an alternative use, subject to planning.

> Consideration may be given to selling the property and licence separately. Location Lease Terms The property enjoys a prominent position on an elevated Term: Minimum 5 year lease. site in Banbridge town centre. Banbridge acts as a service centre for a large rural hinterland and is a Rent: £30,000 per annum. popular residential location for commuters who make the 30 minute journey to Belfast City Centre. There is approximately 16,000 persons residing in the town with Repairs: Full repairing terms. c.33,000 in the wider electoral area. Insurance: Tenant to reimburse the More specifically, the property is located close to Bridge landlord in respect of the Street’s junction with Church Street and Castlewellan building insurance premium. Road, in close proximity to the banks of the River Bann. Banbridge Leisure Centre, the Iveagh Cinema and the Regional College are all located nearby and there is a Rateable Value public car park to the rear. The property has the following NAV Assessment:-

Description Description: Licensed Shop/House NAV: £7,500 The property comprises an extensive two storey public house fitted out in traditional style. The accommodation The commercial rate in the £ for 2019/20 = £0.600984 provides a sizeable public bar with pool room, lounge Estimated rates payable £4,507 per annum * bar and smoking area. Ancillary storage, catering and w/c facilities are also included throughout. * The above figures have been supplied by Land and Property Services. Site Area The property occupies a total site area of c.0.04 hectares Value Added Tax (0.1 acres). The approximate boundaries are highlighted All rental, prices and outgoings are exclusive of, but will below for identification purposes only. be liable to VAT as we understand that the building is VAT registered.

EPC Details

Financial Information Available to seriously interested parties only. Please contact the agent.

TUPE If the sale is transacted as a going concern, the purchaser will have to comply with all the relevant Contact TUPE legislation / requirements. Staff details For further information or to view please contact:- available on request. Gavin Weir Fixtures & Fittings T: 028 9031 6127 An inventory of all the fixtures and fittings included E: [email protected] in the sale will be provided when a sale is agreed. 16 Howard Street, Belfast, BT1 6PA, Northern Ireland. Price Tel: +44-28-9031 6121 Fax: +44-28-9031 6120 Offers invited in the region of £300,000 exclusive of Email: [email protected] Web: www.gvani.co.uk VAT.

GVA NI Ltd is a subsidiary company of GVA Donal O’Buachalla and a member of GVA Worldwide for themselves, for any joint agents and for the vendors or lessors of this property whose agents they are, give notice that: (i) the particulars are set out as a general outline only for the guidance of intending purchases or lessors and do not constitute, nor constitute part of, an offer or contract. (ii) all descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details, are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) no person in the employment of GVA NI Limited or any joint agents has any authority to make or give any representation or warranty whatever in relation to this property. (iv) all rentals and prices are quoted exclusive of VAT. Reproduced by courtesy of Land Y Property Services/OSNI

HMSO Crown Copyright reserved. Licence No 2281. If applicable, with consent of Chas E Goad, Cartographers, Old Hatfield, Geographers A-Z Map Co Ltd and/or The Automobile Association. For identification purposes only.