O'Connor, Kennedy, Turtle

Abbey Bed And Breakfast, 4 Abbey Street Londonderry, County Londonderry, BT48 9DN

Ref: C4013 for sale
Key Features
  • ‘Abbey’ Bed & Breakfast
  • Recently refurbished over lockdown and newly installed fully operational bar

offers around £425,000.00

Exceptionally well finished B & B with unique Placement in the historic Bogside area, recently extended and with an established in 2000 with a strong reputation in business of almost 20 years, as such the 1st in the district offering this service, the closest to the City Centre.

Fully refurbished to coincide with Derry’s year as European City of Culture in 2013, with further upgrades up to early 2019. Recently fully NITB Certified as a Guest House, making it the only one in Cityside, but still trading under the B&B label for now. The current operation provides a fully operational day time café on site – suitable for alternative use in the long term.

Current configuration operates 9 bedrooms, all en suite, with spacious lounge rooms and external courtyard for guests to mingle in all themed around local culture. A fully operational bar has recently been installed and refurbishments have been carried out leaving the property in better than ever condition.

Site forms part of the historic City Tour Route in the heart of one of the best known parts of the City Centre, within 5 minutes walk of all central restaurants, shops and bars. Excellent “Trip Advisor” rating in place, with a strong emphasis on great customer service, the level of repeat business from European Guests is very impressive.

Accommodation

Please refer to attached brochure

Sales Details

PRICE: Offers Over £425,000

TITLE: Assumed Long Leasehold or Freehold
ACCOUNTS : Available to Bona Fide Parties who have viewed the premises at Owners digression.
NOTE : Sold as seen excepting some personal memorabilia which will be removed.

NAV / Capital Value

We are advised by the Land and Property Service that the NAV for the subject property is £2,400. The commercial rate in the pound for 2020/ 2021 is £0.582794.

VAT

All prices, outgoings etc are exclusive of, but may be subject to VAT.


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