FOR SALE

10-12 Shore Road
Holywood
BT18 9HX

This building is ideally situated in the heart of Holywood town centre close to the Maypole Bar. The ground floor restaurant has successfully traded as Koi, Chinese/Asian cuisine, for some 10 years and now is available due to the retirement of the owners.

This property comprises the superb and well established Koi restaurant to the ground floor together with generous upper floors suitable for refurbishment to provide two large apartments. The building has recently been substantially upgraded.

The ground floor restaurant is well fitted out for some 70 covers and has an exceptionally spacious and superbly appointed kitchen.

Viewing by appointment with Sole Agent 028 9042 4747

Click here to download a pdf brochure

DETAILS

SIZE:
Ground Floor
Restaurant – 964 sq.ft. (89.6 sq.m.)
Kitchen / Prep – 630 sq.ft. (58.6 sq.m.)
Office / Store – 62 sq.ft.(5.7 sq.m.)
Ladies and Gents W.C.’s
Staff W.C.

First Floor
Apartment (gross area) – c.1,100 sq.ft. (102 sq.m.)

Second Floor
Apartment (gross area) – c.1,010 sq.ft. (94 sq.m.)

Price: Offers in the region of £425,000
VAT:
We are advised that VAT is not applicable

FIXTURES/FITTINGS:
May be purchased by negotiation

DEVELOPMENT
Plans proposed for refurbishment of upper floor by the experienced Architect, Rory Graham of 23 Design Architects are in the attached pdf brochure. These are for stores on first floor and apartment on second but give a good indication of potential for 2 large apartments.

RATES:
Ground Floor
No 10 NAV – £5,950.00
Rates payable 2019/2020 – £2,712.42
No 12 NAV – £9,900.00
Rates payable 2019/2020 – £4,513.11
First Floor
Capital Value – Apartment – £125,000
Second Floor
Capital Value – Apartment – £115,000

EPC:
D-94