We are pleased to offer for sale this well establishment restaurant known as the "Lime Tree Restaurant," together with immaculately presented first/second floor 3 bedroom apartment.
The flat is in excellent condition and would expect it to achieve £500 per calendar month in rental income.
Decription:
The Lime Tree Restaurant is one of the most renowned restaurants in the North West, trading since 1996. During these intervening years "The Lime Tree" has won numerous awards, constantly achieving recognition with the major food and travel guide with reviews in local and national press establishing it as one of the popular restaurants in the the North West.
The Lime Tree comprises of private dining area to accommodate seating for up 36 patrons with the basement area having the potential to be converted to a drink/beverage area. There is a self contained three bedroom apartment above the restaurant which is finished to a high standard. This apartment is in excellent decorative order throughout. It would be ideally suited for living quarters over the restaurant or rental investment. It would benefit from gas fired central heating,
60 Catherine Street Limavady - Restaurant
Estimated rates payable per annum - £3444.31 - as from August 2018
Waiting Area: 3.5 x 2.1 (11'5" x 6'10")
Fitted back to wall seating
Dining Room: 7.4 x 5.6 (24'3" x 18'4")
Modern bright well laid out dining room with fitted back to wall seating, wood effect laminate floor, recessed low voltage down lighters.
Kitchen: 8.1 x 4.3 (26'6" x 14'1")
Extremely well fitted kitchen with tiled flooring and ventilation (Inventory on kitchen equipment available).
Bar Area: 3.0 x 3.0 (9'10" x 9'10")
Shelved for drink storage.
Staff Room: 2.8 x 2.2 (9'2" x 7'2")
With changing booths.
Disabled Toilet: 3.7 x 1.8 (12'1" x 5'10")
Low Flush W.C. , Pedestal wash hand basin, Tiled flooring and extractor fan.
Gents Toilet: 3.2 x 2.5 (10'5" x 8'2")
Low Flush W.C. , Pedestal wash hand basin. Tiled floor.
Staff Toilet:
Low Flush W.C. , Pedestal wash hand basin.
Storage Cupboard:
Basement: 6.9 x 5.7 (22'7" x 18'8")
Heated basement. Could be easily converted to a dining/after drinks area to accommodate seating up to 30 patrons.
Smoking Area:
Covered Smoking area to the rear of the property.
Rear Parking Yard: 9.5 x 15.0 (31'2" x 49'2")
To the rear of the restaurant, there is a spacious car park for staff which could accommodate up to six cars.
60A Catherine St - Self Contained Apartment
1st Floor:
Lounge: 4.3 x 3.9 (14'1" x 12'9")
Carpet flooring.
Kitchen:
Fully fitted kitchen with a range of eye and low level units. Stainless steel sink unit.
Office: 3.8 x 1.2 (12'5" x 3'11")
Carpet flooring.
Utility Room: 1.6 x 1.5 (5'2" x 4'11")
Plumbed for automatic washing machine, ducted for tumble dryer with carpet flooring.
Bedroom (1): 3.2 x 3.3 (10'5" x 10'9")
Carpet flooring with built in wardrobe.
Bathroom: 2.4 x 2.2 (7'10" x 7'2")
Bath, Pedestal wash hand basin, Low flush WC, Extractor Fan, Electric Shower
2nd Floor:
Bedroom (2): 3.7 x 3.2 (12'1" x 10'5" )
Laminate flooring. Dormer window. Access to roof voids.
Ensuite:
Pedestal wash hand basin, Low flush WC, Electric Shower and a Fully tiled shower cubicle,
2nd Floor Bedroom (3): 3.6 x 3.2 (11'9" x 10'5")
Laminate flooring.
Ensuite:
Low Flush WC, Pedestal wash hand basin, Fully tiled shower cubicle with electric shower.
Apartment Capital
Estimated Annual Rates for this self contained apartment (60A Catherine Street) - £872.63 - as from August 2018