the royal hotel & windsor bar, 22-28 quay...
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THE ROYAL HOTEL & WINDSOR BAR, 22-28 QUAY STREET, BANGOR, BT20 5ED
5 FLOORS n 50 EN-SUITE BEDROOMS n TWO BARS AND ADDITIONAL BEER GARDEN n FUNCTION ROOMS n C. 35,639 SQ FT
ON THE INSTRUCTIONS OF THE FIXED CHARGE RECEIVERS
ONE OF THE MOST RECOGNISABLE LANDMARKS IN NORTH DOWN, REGARDED AS ‘THE SPIRIT OF BANGOR’, THIS PROPERTY OFFERS A UNIQUE OPPORTUNITY TO PURCHASE A FLAGSHIP BUILDING ON BANGOR’S SEAFRONT.
LOCATIONBangor is just 15 miles from Belfast on Northern Ireland’s scenic North Down coast. The largest town in County Down is a thriving community of over 60,000; its heritage as a seaside resort evident in the Victorian and Edwardian architecture, esplanade, seafront walks, beaches and marina.
Bangor continues to be a popular destination for day-trippers and holidaymakers from NI and beyond. In addition to many visitor attractions, the town has a thriving local economy and is home to many Belfast commuters. Bangor was voted in 2007 by UTV viewers ‘Northern Ireland’s most
desirable place to live’. The town has good road and rail links to Belfast, is a 20-minute drive to George Best Airport and is convenient to major ferry ports and motorways.
The Royal Hotel and Windsor Bar occupies a superb position, directly overlooking Bangor’s picturesque Marina (Ireland’s largest) which attracts yachtsmen from all over the world. Many visitor amenities are within walking distance: Pickie Family Fun Park and boating lagoon, the Walled Garden at Bangor Castle and Project 24 modern art installation. The town centre also boasts an Olympic size swimming pool and waterpark at the new Aurora complex,
while Bangor’s importance as a major medieval monastic settlement is celebrated at Bangor Abbey and its award-winning heritage centre. These amenities are the result of significant recent investment by local government.The town is set amidst 16 miles of beautiful coastline. The North Down Coastal Path is one of the finest shoreline walks on this island. Many top visitor destinations are within easy reach, including the Ulster Folk and Transport Museum, Strangford Lough, St. Patrick’s Trail and seaside villages Groomsport and Donaghadee. North Down has six 18-hole golf courses, including the birthplace of golf in Ireland and the championship course where Rory McIlroy learned the game.
THE ROYAL HOTEL
MAJOR BANGOR TOURIST ATTRACTIONS AND PARKS ARE WALKING DISTANCE. THE NORTH DOWN COASTAL PATH IS ON THE DOORSTEP, AS IS THE BANGOR TOURISM INFORMATION CENTRE.
VIEW FROM 4TH FLOOR BEDROOM
ECONOMY AND TOURISMNorthern Ireland has a growing population of 1.8m. The region enjoys a strong record of attracting investment due to excellent transport and communications infrastructure, high educational standards and a young, motivated workforce. Costs are competitive, and NI also benefits from a pro-business climate which nurtures enterprise. Major growth areas include ICT (Belfast is Europe’s top destination for software development), financial services, professional services, life sciences, aerospace and cybersecurity.
As the economy has improved, NI has become a hub for innovation. Belfast’s Queen’s Island, where Titanic was built, is now a dedicated science and technology cluster of high-growth businesses. Nearby, major production studios are making hit TV series and films such as Game of Thrones. A leading location; NI landscapes and cityscapes feature on television and the big screen.
Also putting NI on the map: our golfing greats and the success of Belfast’s new Titanic Museum. Major world-class events are now staged here regularly and new tourism products and infrastructure are regularly coming on stream. The Northern Ireland Tourist Board is building on this positive profile, recognising the growing importance of tourism in the economy. Visitor numbers and revenue are rising annually:
n 2013 tourism spend worth c. £723 million
n 4.2 million visitors the target set by government for December 2014.
n 40,000 jobs in the sector in 2010
The Bangor economy reflects the more positive picture and is diversifying; strongest sectors being wholesale, retail, business services, construction and manufacturing.
THE ROYAL HOTEL
SITUATIONThe Royal Hotel and Windsor Bar is Bangor’s best-known seafront landmark, a ‘Bangor Institution’ in the grand tradition. This imposing property on a prime site offers superb development potential. Since 1773, a hotel has stood here, rebuilt in 1932.
Over its 242-year history, the hotel gained status as an iconic landmark integral to Bangor’s life and landscape. The guest book contains many famous names and Van Morrison was a regular. The Windsor Bar enjoyed a popular reputation for music events.
Facing the Marina, the location also benefits from being in the heart of Bangor, beside the main shopping and business streets, High Street and Main Street. The property is particularly well-placed for a wide range of activities, including as a hotel for business, tourism and leisure uses.
Major Bangor tourist attractions and parks are within walking distance. The North Down Coastal Path is on the doorstep, as is the Bangor Tourism Information Centre. The property is also situated in the heart of Bangor’s lively nightlife district.
THE ROYAL HOTEL
DESCRIPTIONThe 5-storey building enjoys a prominent position on Quay Street and boasts a handsome bay fronted façade with tower – a distinctive example of ‘30s architecture.
The property comprises:
n 50 bedrooms, all with en-suite facilities. Features include high ceilings with mouldings. Many have panoramic sea views.
n Two popular bars (Windsor Bar and Crown Bar) with spacious beer garden accessed from both. The Crown Bar has its original open fire.
n Restaurant with oak panelling, open fire and parquet flooring
n Function Rooms at first floor level, catering for up to 200. One is galleried and suitable as a nightclub.
n Two kitchens
n Additional staff rooms/offices.
n Passenger lift to the upper floors. The purchaser may be able to split the Windsor Bar, to sell as a separate entity from the Hotel or for lease to a pub operator, subject to the necessary works being carried out to split the property.
THE CROWN BAR
A TYPICAL BEDROOM
THE WINDSOR BAR
ACCOMMODATION Approximate Gross Internal Area of the property: Ground Floor 12,120 sq ft (1,134.35 sq m)First Floor 9,193 sq ft (854.05 sq m)Second Floor 7,700 sq ft (715.40 sq m)Third Floor 3,268 sq ft (303.58 sq m)Fourth Floor 3,268 sq ft (303.58 sq m)Total: 35,639 sq ft (3,310.96 sq m)
CONTENTS Large amount of furniture, beds, chairs, tables and kitchen equipment to be included in the sale.
LICENCE It is our understanding that the Royal Hotel and Windsor Bar holds a current Liquor Licence.
PLANNING PERMISSIONFull Planning Permission was granted on 17th May 2011 for the demolition of the existing Hotel and Windsor Bar and the erection of a replacement 52 room hotel with bar/restaurant, roof-top restaurant, 33 luxury apartments, viewing terrace, roof-top gymnasium, car parking, amenity space and ancillary accommodation.
RATES NAV: £49,000Rate in the £ (2014): 0.5554Rates Payable: £27,214 per annum approx Please note that in accordance with the 2015 Rates Revaluation, the draft NAV for the property is £35,000. We recommend that any potential occupiers verify these figures with Land and Property Services.
PRICEOffers invited in the region of £950,000
VATAll figures quoted are exclusive of VAT, which may be payable.
TITLEWe are assuming that the property is held by way of freehold or long leasehold, subject to the payment of a nominal ground rent.
PICKIE FUN PARK
THE ROYAL HOTEL AND WINDSOR BAR IS BANGOR’S BEST-KNOWN SEAFRONT LANDMARK, A ‘BANGOR INSTITUTION’ IN THE GRAND TRADITION.
THE WINDSOR BAR THE WINDSOR BAR
BRASSERIE
LIFT FOYER
RECEPTION
REVOLVING DOOR
LOBBY
fire exit
COCKTAIL LOUNGE
BAR
FIRESTAIR
fire exitGENTS
WHEELCHAIRW.C.RAISED AREA
fire exitLOUNGE
BAR
LOBBY
GENTSLADIES
LOBBY
FIRESTAIR
RAISED AREA
fire exit
LOBBY GENTS
LOBBY
RAISED AREA
fire exit
BIN STORE
ENTRANCE TO THE FUNCTION ROOM
exit
cloaks
RAISED AREA
Beer Garden
BAR
LADIES
DJ
KEG BEER STORE CHILL ROOM FOOD PREP.
SERVICE CORRIDOR
KITCHEN
carveryself service
servery
exit
LADIES
FIRE ESCAPEENTRANCE TO THE
‘CROWN BAR’
FIRE ESCAPEFIRE ESCAPE
BOTTLED BEER
STORE
RAISED AREA
COLD ROOM
COLD ROOM
DISHWASH
servery
self serviceFOYERLOUNGE
fire exit ramp
SNUG SNUG
PUBLIC BAR
BARLOBBY
COLD ROOMSTORE
LADIESGENTS
ramp
PASSAGEWAY FIRE STAIR
FIRE STAIR
FIRE STAIR
WHEEL CHAIRW.C.
SNUGSNUGBAR
LOBBY
LOBBYENTRANCE TO THE
‘WINDSOR BAR’
FIRE ESCAPE
fire exit
SNUGSNUG
FIRE STAIR
RECEPTION AREA KITCHEN
BRASSERIE
LIFT FOYER
RECEPTION
REVOLVING DOOR
LOBBY
fire exit
COCKTAIL LOUNGE
BAR
FIRESTAIR
fire exitGENTS
WHEELCHAIRW.C.RAISED AREA
fire exitLOUNGE
BAR
LOBBY
GENTSLADIES
LOBBY
FIRESTAIR
RAISED AREA
fire exit
LOBBY GENTS
LOBBY
RAISED AREA
fire exit
BIN STORE
ENTRANCE TO THE FUNCTION ROOM
exit
cloaks
RAISED AREA
Beer Garden
BAR
LADIES
DJ
KEG BEER STORE CHILL ROOM FOOD PREP.
SERVICE CORRIDOR
KITCHEN
carveryself service
servery
exit
LADIES
FIRE ESCAPEENTRANCE TO THE
‘CROWN BAR’
FIRE ESCAPEFIRE ESCAPE
BOTTLED BEER
STORE
RAISED AREA
COLD ROOM
COLD ROOM
DISHWASH
servery
self serviceFOYERLOUNGE
fire exit ramp
SNUG SNUG
PUBLIC BAR
BARLOBBY
COLD ROOMSTORE
LADIESGENTS
ramp
PASSAGEWAY FIRE STAIR
FIRE STAIR
FIRE STAIR
WHEEL CHAIRW.C.
SNUGSNUGBAR
LOBBY
LOBBYENTRANCE TO THE
‘WINDSOR BAR’
FIRE ESCAPE
fire exit
SNUGSNUG
FIRE STAIR
GROUND FLOOR PLAN
THE
RO
YAL
HO
TEL
BEDROOM
BARREL VAULTED ROOF
BEDROOM
BEDROOM BEDROOM
BEDROOM BEDROOM
BEDROOM BEDROOM
BEDROOM
BEDROOM
BEDROOM
BEDROOM
BEDROOM
FUNCTION ROOMLOUNGE
BAR
CORRIDOR
CORRIDOR
LIVING ROOM
OPEN WELLLIFT
CORRIDOR
LOUNGE / FUNCTION ROOM
LADIES
GENTS
FIRESTAIR
BATH-ROOM
BATH-ROOM
BATH-ROOM
BATH-ROOM
BATH-ROOM
BATH-ROOM
BATH-ROOM
BATH-ROOM
BATH-ROOM
ACCOMMODATIONSTAIR
BATHROOM
BATHROOM
BAR
LOUNGE BAR / RESTAURANT
BATH-ROOMStoreCloaks
fire esape
GENTSTOILET LADIES
TOILET
dance floor
fire exit
FIRE STAIR
fire exit
fire exit
fire exit
LADIESKITCHENBAR
FOYER
GENTS
COLDROOM
LOBBYLOBBY
FIRE STAIR
fire exit
THE
RO
YAL
HO
TEL
FIRST FLOOR PLAN
FLAT ROOF
OPEN WELL
fire escape
VACANT
OFFICE
CORRIDOR
VACANT VACANT
OFFICESTAFFROOM
BARREL VAULTED ROOF
BEDROOM BEDROOMBEDROOM
BEDROOM BEDROOM BEDROOM
BEDROOM
BEDROOMLIVING ROOM
BATH-ROOM
BATH-ROOM
BATH-ROOM
BATH-ROOM
FIRESTAIR
BEDROOM SUITE
BATHROOM
STORE
STORE
LIFT
BATH-ROOM
BATH-ROOM
BATH-ROOM
BATH-ROOM
FIRESTAIR
BALCONY
OPEN WELLDJ
GENTS TOILET
FIRE STAIRBALCONY
STAFF ROOM BEDROOM
BEDROOM
EN SUITE
LIGHT WELL
LIGHT WELL
OFFICEBAR
FAMILY / HONEYMOON SUITE
BEDROOM
EN SUITE
BEDROOM
BEDROOM
CORRIDOR
BATHROOM
BATHROOM
BEDROOM
STAFFTOILET
BATHROOM
CORRIDOR
EN SUITEEN SUITE
FIRE STAIR
CORRIDOR
CORRIDOR
THE
RO
YAL
HO
TEL
THE
RO
YAL
HO
TEL
BEDROOM
BARREL VAULTED ROOF
BEDROOM
BEDROOM BEDROOM
BEDROOM BEDROOM
BEDROOM BEDROOM
BEDROOM
BEDROOM
BEDROOM
BEDROOM
BEDROOM
FUNCTION ROOMLOUNGE
BAR
CORRIDOR
CORRIDOR
LIVING ROOM
OPEN WELLLIFT
CORRIDOR
LOUNGE / FUNCTION ROOM
LADIES
GENTS
FIRESTAIR
BATH-ROOM
BATH-ROOM
BATH-ROOM
BATH-ROOM
BATH-ROOM
BATH-ROOM
BATH-ROOM
BATH-ROOM
BATH-ROOM
ACCOMMODATIONSTAIR
BATHROOM
BATHROOM
BAR
LOUNGE BAR / RESTAURANT
BATH-ROOMStoreCloaks
fire esape
GENTSTOILET LADIES
TOILET
dance floor
fire exit
FIRE STAIR
fire exit
fire exit
fire exit
LADIESKITCHENBAR
FOYER
GENTS
COLDROOM
LOBBYLOBBY
FIRE STAIR
fire exit
THE
RO
YAL
HO
TEL
FLAT ROOF
OPEN WELL
fire escape
VACANT
OFFICE
CORRIDOR
VACANT VACANT
OFFICESTAFFROOM
BARREL VAULTED ROOF
BEDROOM BEDROOMBEDROOM
BEDROOM BEDROOM BEDROOM
BEDROOM
BEDROOMLIVING ROOM
BATH-ROOM
BATH-ROOM
BATH-ROOM
BATH-ROOM
FIRESTAIR
BEDROOM SUITE
BATHROOM
STORE
STORE
LIFT
BATH-ROOM
BATH-ROOM
BATH-ROOM
BATH-ROOM
FIRESTAIR
BALCONY
OPEN WELLDJ
GENTS TOILET
FIRE STAIRBALCONY
STAFF ROOM BEDROOM
BEDROOM
EN SUITE
LIGHT WELL
LIGHT WELL
OFFICEBAR
FAMILY / HONEYMOON SUITE
BEDROOM
EN SUITE
BEDROOM
BEDROOM
CORRIDOR
BATHROOM
BATHROOM
BEDROOM
STAFFTOILET
BATHROOM
CORRIDOR
EN SUITEEN SUITE
FIRE STAIR
CORRIDOR
CORRIDOR
THE
RO
YAL
HO
TEL
SECOND FLOOR PLAN
FLAT ROOF
FLAT ROOF
FLAT ROOF FLAT ROOF
FLAT ROOF
BARREL VAULTED ROOFOPEN WELL
fire escape
STORE
FIRE STAIR
BEDROOM SUITE
BATHROOM
BATH-ROOM
BATH-ROOM
BATH-ROOM
BEDROOM
BEDROOM
BEDROOM
BEDROOM
BEDROOM
FAMILY / HONEYMOON SUITE
ENSUITE
ENSUITEENSUITE
LIGHT WELL
BEDROOMBEDROOM
BEDROOMBEDROOM
ENSUITE
ENSUITE
ENSUITE
LIGHT WELL
FIRESTAIR
LIFT
CORRIDOR
CORRIDOR
FIRE STAIR
THE
RO
YAL
HO
TEL
THIRD FLOOR PLAN
FLAT ROOF
FLAT ROOF
FLAT ROOF
FLAT ROOF
BARREL VAULTED ROOFOPEN WELL
fire escape
STORE
FIRE STAIR
BEDROOM SUITE
BATHROOM
BATH-ROOM
BATH-ROOM
BATH-ROOM
BEDROOM
BEDROOM
BEDROOM
BEDROOM
BEDROOM
BUSINESS SUITE
ENSUITE
ENSUITEENSUITE
LIGHT WELL
BEDROOMBEDROOM
BEDROOMBEDROOM
ENSUITE
ENSUITE
ENSUITE
LIGHT WELL
FIRESTAIR
LIFT
CORRIDOR
CORRIDOR
CORRIDOR
THE
RO
YAL
HO
TEL
FLAT ROOF
FLAT ROOF
FLAT ROOF FLAT ROOF
FLAT ROOF
BARREL VAULTED ROOFOPEN WELL
fire escape
STORE
FIRE STAIR
BEDROOM SUITE
BATHROOM
BATH-ROOM
BATH-ROOM
BATH-ROOM
BEDROOM
BEDROOM
BEDROOM
BEDROOM
BEDROOM
FAMILY / HONEYMOON SUITE
ENSUITE
ENSUITEENSUITE
LIGHT WELL
BEDROOMBEDROOM
BEDROOMBEDROOM
ENSUITE
ENSUITE
ENSUITE
LIGHT WELL
FIRESTAIR
LIFT
CORRIDOR
CORRIDOR
FIRE STAIR
THE
RO
YAL
HO
TEL
FLAT ROOF
FLAT ROOF
FLAT ROOF
FLAT ROOF
BARREL VAULTED ROOFOPEN WELL
fire escape
STORE
FIRE STAIR
BEDROOM SUITE
BATHROOM
BATH-ROOM
BATH-ROOM
BATH-ROOM
BEDROOM
BEDROOM
BEDROOM
BEDROOM
BEDROOM
BUSINESS SUITE
ENSUITE
ENSUITEENSUITE
LIGHT WELL
BEDROOMBEDROOM
BEDROOMBEDROOM
ENSUITE
ENSUITE
ENSUITE
LIGHT WELL
FIRESTAIR
LIFT
CORRIDOR
CORRIDOR
CORRIDOR
THE
RO
YAL
HO
TEL
FOURTH FLOOR PLAN
Frazer Kidd and Partners for themselves and for the vendors of this property whose agents they are, give notice that: (i.) The particulars are set out as a general outline for the guidance of intending purchasers or lessees, and do not constitute part of an offer or contract: (ii.) All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them: (iii.) No person in employment of Frazer Kidd and Partners has any authority to make or give representations or warranty whatever in relation to this property.
LOCATION MAP
VIEWING For all enquiries and to view the property please contact:
Brian Kidd Stephen ReidFrazer Kidd & Partners Frazer Kidd & PartnersTel: 02890 233111 Tel: 02890 233111Mob: 07885 739063 Mob: 07775 924283Email: [email protected] Email: [email protected] Sole selling agents