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5 bedroom property 57 -59 Holyhead Road

Price

£525000

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Key Features

  • Successful & Well Established Public House
  • Commercial & Residential Premises
  • High-footfall Location
  • Close Proximity to University
  • 220m2 Total Floor Space
  • Grade II Listed
  • Four Storey
  • Ample Storage Space

Summary

This is a rare opportunity to acquire a well-established, Irish-themed public house in a prominent Upper Bangor location, close to Bangor University and benefiting from strong student trade.

The business, trading as Patrick’s Bar, has been successfully operated by the current owner since 1998 and enjoys a solid reputation and consistent turnover. The Grade II listed building has been extensively and continuously modernised over the years, ensuring it remains fully compliant and highly presentable.

The property also benefits from additional income streams via short-term accommodation. Part of the building operates as Airbnb units, and there are three separate upstairs apartments listed on Booking.com, which together are projected to generate approximately £40,000 gross income over the next 12 months.

Licensed for up to 100 patrons, the bar operates extended hours:

Sunday–Tuesday: 8:00am–2:00am
Wednesday–Thursday: 8:00am–2:30am
Friday–Saturday: 8:00am–3:00am

The building spans four floors with strong flexibility and further potential. The basement includes a cellar, tap room, delivery bay, and electric goods lift. The ground floor comprises the main bar, customer toilets, and storage.

The upper floors provide extensive accommodation: the first floor includes two double bedrooms, bathroom facilities, and a private manager’s suite with lounge, office, kitchen, and prep area with additional commercial kitchen. The second floor offers four double bedrooms and a family bathroom, suitable for staff or further letting use.

After over 25 years of ownership, the current proprietor is retiring, presenting an excellent opportunity for a new operator to maximise the property’s full potential.

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