An exciting opportunity to acquire Patsy's Bar, a well-known former public House located in the heart of Kilkeel. Although no longer trading, the property still holds an active liquor license valid until 2027, offering a unique prospect for those looking to revive a bar business or explore other commercial ventures. Patsy's Bar boasts a traditional layout with a spacious bar area, ample seating, and room for live entertainment or dining. The property also includes a two-bedroom apartment on the upper floor, ideal for owner accommodation or as a rental unit for additional income.

The Property is located in the heart of Kilkeel, a bustling and vibrant coastal town nestled at the foot of the Mourne Mountains in County Down. This prime location places the property on one of Kilkeel’s most prominent and well-traveled streets, ensuring excellent visibility and foot traffic for any commercial venture. Greencastle Street is a key artery through the town, surrounded by a mix of established businesses, retail outlets, and essential services, making it a central hub for local commerce.

We are advised that the NAV is £10,100.00 Estimated Rates Payable 22/23: £5,863.39 per annum. The property should benefit from the Small Business Rates Relief Scheme, which would provide an occupier with a 20% reduction in rates payable. However; we recommend that you verify this with Land & Property Services