LANDMARK SEAFRONT LICENSED PREMISES GOES ON THE MARKET
20 March 2015
The well-known York Inn in Portstewart has come on the market offering prospective buyers the chance to acquire a landmark seafront property just ahead of the spring and summer trading period according to selling agents, Osborne King.
The four-star licensed premises, which ceased trading recently, enjoys a prime coastal setting overlooking the Atlantic Ocean. Finished to a modern specification throughout, the York comprises a bar, restaurant serving 120 covers, a function room, two kitchens and eight en-suite bedrooms. The property also contains ample storage, office and ancillary accommodation in addition to a smoking area. A recent arrival on the open market, Mark Carron from Osborne King said that The York is attracting considerable interest commenting:”The York has traded strongly in the past and was popular with both local residents and visitors to the area. It’s a bright, modern, well-equipped property that offers the successful buyer a “ready-to-go” business proposition and, in particular, the opportunity to re-open quickly and take full advantage of the seasonal trade. Portstewart and the surrounding area attract many holidaymakers and tourists due to the variety of activities on offer and the spectacular scenery and coastline. This particular property benefits from its location overlooking the Atlantic, so while we are expecting strong interest from licensed operators, it is also attracting interest from developers on account of its setting on a 0.35-acre site.”
The guide price for the property states offers over £575,000 and Osborne King is seeking best bids by the 27th of March. Further information is available upon request via the sole selling agents. Click here for The York Brochure