For SaleUnder Offer

Hotel/guest house

14-16 London Street, Derry~Londonderry

TWO BEAUTIFUL PERIOD PROPERTIES WITHIN THE CITY WALLS

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Overview

Numbers 14–16 London Street are among the earliest surviving structures on London Street. Ownership of the site on which they were constructed can be traced back to at least the early-18th century and to the prominent Darcus family. The properties were constructed around 1832 and originally were one property, where No.14 London Street was used as a dwelling and No.16 was utilised as an outbuilding with rooms over a coach arch at ground floor.

The properties have been successfully run as a self-catering holiday villas for a number of years and are listed on the following websites, to name but a few:

• booking.com
• airbnb.com
• historicderryrentals.com
• online-reservations.com
• visitbishopstreetandthefountain.com

Both the central location and the property sizes lend themselves well to this hospitality use as across the two properties, fifteen people can sleep comfortably. The properties could quickly and easily be returned to full time dwellings.

14 LONDON STREET

The subject property comprises a Georgian mid-terrace dwelling arranged over three stories with a basement. The property has been well maintained and tastefully
decorated throughout. The property is being disposed of in a fully furnished state. The accommodation is laid out as follows:
Basement

The basement is accessed via a stairwell off the living room/lounge and comprises of a large open plan bedroom with en-suite. The current layout includes a double bed and two
single beds and has been decorated with traditional whitewashed stonewalls and tiled floor.

Ground floor

The ground floor is accessed from London Street via a small porch leading into the hallway. Glazed double doors lead into a large, full length living room/lounge which we understand had previously formed two rooms. The lounge provides access to the basement bedroom and leads into the kitchen. The kitchen fills a modern extension with pitched roof and skylights on both elevations, providing a large, light and airy kitchen/dining room. To the rear of the kitchen is a bathroom and access to a small rear yard.

First floor
The first floor comprises of a large bright bedroom housing a double bed and single bed, leading to a bathroom with bath, sink, WC and bidet.

Second floor
The second floor comprises of two bedrooms, one at the front of the house and one at the rear, both of which contain double beds. Both bedrooms are well proportioned, light and bright.

16 LONDON STREET
The subject property comprises a Georgian mid-terrace dwelling arranged over three storeys with a small courtyard to the rear. The property is being disposed of in a fully furnished state and has been well maintained and tastefully decorated. The accommodation is laid out as follows:

Ground floor
The ground floor is accessed from London Street via a small porch leading into the living room / lounge. This leads into a bathroom and well equipped, light and bright kitchen at the rear of the house, which overlooks a small but pretty courtyard.

First floor
The first floor comprises of a large bright bedroom housing a double bed and single bed, leading to a bathroom with bath, sink and WC. The bedroom benefits from uninterrupted views over St. Columbs Cathedral.

Second floor
The second floor comprises of another bright double bedroom overlooking St. Columbs Cathedral. An en-suite leads from this bedroom.

Key Features

Located within the historic Derry City Walls, within walking distance of all City attractions Two beautiful Georgian properties, thoughtfully restored Properties have been used as self catering holiday villas / Airbnbs for a number of years No 14 sleeps 1

1,118 sqft (103 m²)

Location

Address

14-16 London Street, Derry~Londonderry
Derry~Londonderry
BT48 6RQ
GB
54.994612, -7.322409
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About the Area

Derry~Londonderry is the regional capital of the north west with a population of circa 151,000. The city is major tourist destination and pre-Covid experienced circa 308,000 overnight stays per year and visitor spend of c. £71 million.

In 2022, Derry City Walls were in the Top 3 Tourist Attractions in Northern Ireland, along with Titanic Belfast and the Giant’s Causeway. In total, three Derry~Londonderry attractions were featured in the Top 10 Northern Ireland Tourist Attractions in 2022, including three Derry~Londonderry attractions; Derry City Walls, the Guildhall and the Centre for Contemporary Art. The Cathedral and Darcus Cottage are situated on London Street, in the heart of Derry~Londonderry City Centre, within the historic City Walls.

The properties are just 160 metres from The Diamond and 300 metres from Foyleside Shopping Centre. Local attractions within walking distance include the City Walls, Ebrington Square, St. Columbs Cathedral, the Guildhall, River Foyle and the Peace Bridge. Derry~Londonderry benefits from a large number of popular bars and restaurants including Browns, Quaywest, Stitch & Weave, Blackbird, Sandinos, The Taphouse and Badgers, among many more.

Gallery

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14-16 London Street, Derry-Londonderry - Image 14

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14-16 London Street, Derry-Londonderry - Image 16

Price

£350,000.00

Rates Payable

Number 14
Number 16
NAV
£2,850
£2,000
Rates Poundage 2024/25
0.667608
0.667608
Rates Payable
£1,903
£1,335

Please Note

The property may benefit from Small Business Rate Relief, as per the below extract from NI Business Info:

u0022Business properties with a NAV of more than £2,000 but not more than £5,000 will receive 25% rate relief.u0022

VAT

All prices, outgoings and rentals are exclusive of, but may be liable to VAT.

EPC

To be confirmed.

Stamp Duty

Stamp duty will be the liability of the purchaser.

Customer Due Diligence

Customer Due Diligence As a business carrying out estate agency work we are required to verify the identity of both the vendor and the purchaser as outlined in the following: The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 - https://www.legislation.gov.uk/uksi/2017/692/contents. Any information and documentation provided by you will be held for a period of five years from when you cease to have a contractual relationship with Ambit. The information will be held in accordance with General Data Protection Regulation (GDPR) on our client file and will not be passed on to any other party, unless we are required to do so by law and regulation. Please Note The Directors of Ambit for themselves and for the vendors or lessors of this property whose agents they are give notice that (i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessors, and do not constitute part of, an offer or contract; (ii) all descriptions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of the Directors of Ambit has any authority to make or give any representation or warranty whatever in relation to the property. REF 25397

Agents

Kristian Dube

Placement Student

Jonathan Haughey

Associate Director

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14-16 London Street, Derry~Londonderry

Overview

Key Features

Location