Belfast Telegraph

£450,000 price tag for former restaurant in Newcastle

By Emma Deighan and Andrew Madden

A former Indian restaurant in a prime location in Newcastle has gone on the market for £450,000.

The Cinnamon Club restaurant on Downs Road retains much of its original interior - however a plan has been drawn up to showcase the property's full potential.

Suitable for a range of uses, an indicative redevelopment scheme proposes two ground floor shop units and nine upper floor apartments, subject to approval.

The three-floor property is in the "commercial heart" of Newcastle, said TL Graham and Son, the firm handling the sale.

As it stands, the ground floor and first floor feature the original restaurant fit-out with a bar, while the second floor has two bedrooms.

It is located opposite the gates of the Slieve Donard Hotel, and is close to shops including Lidl and the town's main post office.

The interior provides more than 5,000sq ft of space.

Meanwhile, three former pubs are also on sale at an Osborne King property auction later this month, ranging in price from £45,000 to £160,000.

The Embankment Bar on Old Market Place in Omagh has a maximum reserve price of £160,000.

The ground floor features the main public bar and restaurant areas while the first floor was previously used as a nightclub. The building features an external balcony overlooking the River Strule.

The Tavern Bar on Bridge Street in Portadown is on the market from £45,000.

It comprises a two-storey end-terrace building with a single-storey flat roof extension to the side of the property.

The ground floor previously provided a bar/lounge area to the front and a private lounge area to the rear.

In Larne, what was formerly Dan Campbell's bar on Bridge Street in the harbour town is up for grabs with a starting price of £70,000.

The four-storey building has a pitched slate roof and is made up of a ground floor bar area, a second floor lounge, and the upper two floors feature en-suite bedrooms.

Elsewhere, Radius Housing has been granted planning approval for the regeneration of the former Visteon site in west Belfast.

The £35m development will see the construction of 244 homes and access to community and workspace facilities.

Belfast Telegraph

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