Hanover House, 22-24 Hanover Square, Coagh, Co. Tyrone, BT80 0EF

Price on application 

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Property Description

  • Hanover House (inc. Restaurant, Riverview Fishing Lodge and Lands fronting Ballinderry River)

Coagh is a small village in Co. Tyrone, approximately 5 miles east of Cookstown and 40 miles west of Belfast. Hanover House is located in the centre of Coagh, on Hanover Square.

Hanover House comprises a substantial traditional restaurant with lounge/function facilities and bedroom accommodation, Riverview Fishing Lodge and lands fronting Ballinderry River.

The two-storey long-established building is a prominent feature off Main Street, Coagh. Internally the property is traditionally fitted and includes a ground and first floor dining/function rooms, reception, stores, kitchen and w/c facilities.  The first floor area contains 4 ensuite bedrooms. To the rear of the building there is a large car park.

Riverview Fishing Lodge is a fully furnished self catering lodge. The lodge is arranged over three levels to include, kitchen, lounge, three well-proportioned bedrooms, bathroom and garage. The lodge is fitted to a modern standard with balcony terrace and overlooks the Ballinderry river.  The site also extends down the front of the Ballinderry river and provides any purchaser the opportunity to utilise these attractive and private lands, subject to the relevant planning consents.

We have been advised by the Department for Communities that the original Hanover House, gate and railings are ‘Grade B2’ listed.  Prospective purchasers should make their own enquiries regarding historic building details.

Land & Property Services
We have been advised by the Land and Property Services of the following rating information:
Net Annual Value: £29,300
The current non-domestic rate in the pound for 2021/2022 is £0.513749.

Business Opportunity
The property and business is being offered for sale due to retirement and offers the purchaser the opportunity to acquire and develop this well established hospitality venue.

Under the 2010 Cookstown Area Plan the site falls within the local Settlement Limit. There may be an opportunity to achieve further residential and/or commercial planning approvals subject to the usual consents.

Sales Process
The property will be considered for sale by private treaty in two lots or as one whole parcel.
Lot 1: Entire property, or
Lot 2: Hanover House and rear car park.

All prices, rentals and outgoings are quoted exclusive of VAT.

Guide Price
On application.

EPC - D94

Description Area
Hanover House - Ground Floor6515 square feet
First Floor1963 square feet
Lodge (3 bedrooms)2083 square feet
Site Area4.90 acres
Total Area:

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