1 & 1a Church Square Rathfriland, BT34 5PT

Well Fitted Cafe / Take-away with Self Contained Residential Accommodation Above

A rare opportunity to acquire a substantial and well maintained premises in a high profile location in Rathfriland. The opportunity comprises a well fitted and long established fast-food take-away and cafe to ground floor (fixtures, fittings and goodwill included) and a self contained block of five number bedsits to first and second floors, three of which are let and providing day one income. For sale at an attractive price offering good value on a price per square foot basis. Commercial element and residential element could be split and sold separately if required. An early viewing is recommended.

Ground Floor and Basement - Commercial

Fully fitted ground floor take-away 921 sq. ft. and basement storage 307 sq. ft. All fixtures and fittings included comprising extensive range of fryers, oven, cold storage etc. Full inventory available on request. Bottled gas fitted.

First and Second Floors - Residential

1,199 sq. ft. Five no. Bedsits with Communal Kitchen Suitable for HMO licence (subject to approvals). Three Bedsits are Currently Let and Income Producing £16,800 per annum.

Rates

1 Church Square Comercial Unit NAV £4,800 Estimated rates payable 2024/25: £2,122 (includes 25% SBRR) 1A Church Square Residential Units Estimated rates payable 2024/25: £808.72

EPC

1 Church Squae: C53 1A Church Square: C69

VAT

Outgoings are inclusive but may be liable to VAT.