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Daniel McAlister & Sons, Ballymena in partnership with The Northern Ireland Property Auction.
Offered at bids over £275,000
Great Business Opportunity
This is the only hotel in Cushendall Village, the sale offers a unique opportunity to acquire a medium sized hotel with potential for expansion. The hotel is closed at present due the owner’s retirement, but the sale offers a unique opportunity for someone wanting to acquire a mid-sized family run hotel with room for extension and set in a superb location to catch passing trade on the world famous Antrim Coast Road.
This is an extensive detached building mainly over three levels with an extension to the rear over ground and lower ground. The building is of traditional construction covered with a pitched slate roof to the front and a flat roof covering to the rear.
Internally the building provides and open reception area, restaurant, bar, kitchen and function areas on the ground floor, the lower ground contains the service areas and the two upper floors contain the en-suite bedrooms. The hotel is decorated to a good standard throughout. Externally the property provides its own car park area with access to the rear for servicing the business.
Location: The detached premises is located in the heart of Cushendall Village on the world famous Antrim Coast Road, overlooking the Cushendall Golf-Club. The hotel is located on the A2 Coast Road in an A.O.N.B. (area of outstanding natural beauty), midway between Carnlough and Ballycastle.
Key Features Prominent corner site in village centre. Detached three storey building. 13 no en-suite bedrooms. Function room for 250. Potential for expansion. Fixtures & Fittings: An inventory of fixtures and fittings to be included in the sale will be provided once a sale has been agreed.
To view or make A bid - Contact Daniel McAlister & Sons on or The ni Property Auction on /
Starting Bid and Reserve Price *Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Unconditional Method of Auction, which is powered by iam Sold.
Auctioneer's Comments This property is for sale under Traditional Auction terms. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
With this auction method, an immediate exchange of contracts takes place with completion of the purchase required to take place within 28 days from the date of exchange of contracts.
The buyer is also required to make a payment of a non-refundable, part payment 10% Contract Deposit to a minimum of £6,000.00.
In addition to their Contract Deposit, the Buyer must pay an Administration Fee to the Auctioneer of 4.2% of the final agreed sale price including VAT, subject to a minimum of £6,000.00 including VAT for conducting the auction.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
Terms and conditions apply to the traditional auction method and you are required to check the Buyer Information Pack for any special terms and conditions associated with this lot.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
For more information about this property, please contact The Northern Ireland Property Auction, BT1 on +44 28 9560 9070 * (local rate)
Contact The Northern Ireland Property Auction about this property
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by The Northern Ireland Property Auction, and do not constitute property particulars. Please contact The Northern Ireland Property Auction for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.