Bar / Club
4 Marine Parade, Warrenpoint
LICENCED FORMER BAR & NIGHTCLUB IN TOWN CENTRE WITH REDEVELOPMENT POTENTIAL (STPP)
Overview
The subject property is the well-known former Marine Bar and Club Cheri, prominently positioned in the heart of Warrenpoint town centre. This substantial mid-terrace, three-storey building benefits from direct frontage onto Marine Parade, with additional access from Thomas Street, provides excellent visibility and accessibility. Occupying a generous town centre site of approximately 0.25 acres, the property presents a significant redevelopment opportunity, subject to obtaining all necessary consents and approvals. It is currently arranged in three main components:
The former Marine Bar with associated ancillary storage areas
The former Club Cheri nightclub premises
Two upper floor apartments, both of which require refurbishment This versatile property offers huge potential for a variety of future uses, subject to the necessary planning permissions.
Key Features
- Central location in Warrenpoint Town Centre
- Excellent views over Carlingford Lough
- Licensed Public House & Nightclub
- Liquor Licence – 5(1)(a) with permitted additional opening hours
- Building totalling c. 13,000 sqft
- Land totalling c. 0.25 acres
- Prime residential plot for redevelopment (STPP)
13,000 sqft (1,207 m2)
Location
Address
- 4 Marine Parade, Warrenpoint
- Warrenpoint
- BT34 3NB
- GB
- 54.099682, -6.254868
- Open in Google Maps
About the Area
The subject property is prominently situated in the heart of Warrenpoint, a vibrant coastal port town along the shores of Carlingford Lough. With the Mourne Mountains nearby and only a short 12 minute drive to Newry and the Dublin-Belfast A1 corridor, Warrenpoint serves as popular commuter town with all the benefits of the coastal location. Located on Marine Parade and facing Carlingford Lough, the property boasts stunning views across the Lough and further afield to the Cooley Mountains. The town is perfectly positioned just a stone's throw away from a
vast array of tourism spots and visitor attractions, including the
following; Mourne Mountains & Silent Valley, the Ring of Gullion,
Slieve Gullion Forest Park and numerous popular golf courses,
including Newry, Rostrevor, Kilkeel, Banbridge, Dundalk, Armagh
and the famous Royal County Down Golf Club.
Price
£500,000.00
Rates Payable
From a review of Land & Property Services website, we understand the rates to be as below:
NAV: £10,800
Rates Poundage 25/26: £0.600784
Rates Payable: £6,488
Under NI Small Business Rate Relief, business properties with a NAV of more than £5,000 but not more than £15,000 should receive a 20% rate relief.
Stamp Duty
Stamp duty will be the liability of the purchaser.
VAT
All prices, outgoings and rentals are exclusive of, but may be liable to VAT.
EPC
The property has an Energy Efficiency rating of E117. The full Certificate can be made available upon request.
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 CRE. 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.
Agent