RECENT NEWS
MAY 2017
THE OLD INN, KILLOUGH
Acting as receivers on behalf of Bank of Ireland we have sold The Old Inn, a traditional style pub in the seaside village of Killough, Co. Down.
The property contains several bar areas in addition to First floor living accommodation and ample storage facilities
Acting as receivers on behalf of Bank of Ireland we have sold The Old Inn, a traditional style pub in the seaside village of Killough, Co. Down.
The property contains several bar areas in addition to First floor living accommodation and ample storage facilities
APRIL 2017
THE VILLAGE TAVERN, ARTICLAVE
Acting as receivers Whelan have sold The Village tavern, a popular community bar in the village of Articlave, Co Londonderry.
The property was trading under management at the time of sale.
Acting as receivers Whelan have sold The Village tavern, a popular community bar in the village of Articlave, Co Londonderry.
The property was trading under management at the time of sale.
MARCH 2017
THE BLACK BOX
We are marketing The Black Box, a ground floor investment in Belfast's bustling Cathedral Quarter, on behalf of Receivers.
Please contact Ben Nixon for further details at ben.nixon@whelan.co.uk or 02890441000
We are marketing The Black Box, a ground floor investment in Belfast's bustling Cathedral Quarter, on behalf of Receivers.
Please contact Ben Nixon for further details at ben.nixon@whelan.co.uk or 02890441000
OCTOBER 2016
LIQUOR LICENCES FOR SALE
We have a number of trading 5(1)(a) Intoxicating Liquor Licences for sale in County Antrim and County Armagh.
Please contact Brian Nixon on 02890441000 for further details.
We have a number of trading 5(1)(a) Intoxicating Liquor Licences for sale in County Antrim and County Armagh.
Please contact Brian Nixon on 02890441000 for further details.
SEPTEMBER 2016
AUTUMN UPDATE
Despite the significant and obvious uncertainty the Brexit debacle has caused there seems to be little change with regards to licenced premises in Northern Ireland. By and large strong interest remains in Belfast, Derry and regional town centres while rural pubs continue to find trading conditions difficult.
It appears that the licenced sector in Northern Ireland is in good health with a significant amount of transactions being completed. Recent acquisitions in the last six months have included the expansion of the Limavady based Granny Annie's pub and restaurant chain who have taken over the former Victoria’s Bar on the corner of Chichester Street/Victoria Street and are now fitting out adjoining retail units to double the original size. Their plans for Belfast don’t end there - informed sources report that Granny Annie's owners have acquired a substantial licensed site in the city centre for a major live music complex.
Other notable movements include the impending sale of Cafe Vaudeville on Arthur Street and the reopening of the vacant former Stiff Kitten premises at Bankmore Square as "The Marcus Ward Bar/Foundry Nightclub", while the "The Bar with No Name" premises on Dublin road is currently undergoing refurbishment and re-branding as "The Five Points". In Sailor Town along Clarendon Dock plans are in place to re-open "The American Bar" which will undoubtedly help rejuvenate the area and boost it's profile.
With regards to licencing some positive news has arisen with the long-awaited Licencing Bill being introduced at Stormont. The bill contains several minor concessions aimed at taming the increasingly vocal voices of dissent angered by our archaic licencing laws, while concurrently appeasing the religious minority who oppose any further liberalisation of alcohol sales. However, controversial Easter restrictions on sales will broadly remain in force and will continue to severely limit trading opportunities for publicans. It is the our opinion, and the opinion of a vast majority of the hospitality community in Northern Ireland, that the limited nature of the proposed changes to the existing laws will have little tangible effect on improving Northern Ireland's night-time economy and it's image as an entertainment destination. With tourist numbers increasing there is a clear opportunity to unlock considerable economic benefits for local businesses and this can done in a responsible manner, without resorting to 24-hour drinking laws which exist in the remainder of the UK.
We have seen a continuing increase in enquiries for valid and subsisting Intoxicating Liquor Licences and have acted for both sellers and buyers in recent months. If you have a Licence which you would like to sell or would like to enquire about purchasing a licence please contact us on 02890441000 or via email at email@whelan.co.uk for free confidential advice.
Despite the significant and obvious uncertainty the Brexit debacle has caused there seems to be little change with regards to licenced premises in Northern Ireland. By and large strong interest remains in Belfast, Derry and regional town centres while rural pubs continue to find trading conditions difficult.
It appears that the licenced sector in Northern Ireland is in good health with a significant amount of transactions being completed. Recent acquisitions in the last six months have included the expansion of the Limavady based Granny Annie's pub and restaurant chain who have taken over the former Victoria’s Bar on the corner of Chichester Street/Victoria Street and are now fitting out adjoining retail units to double the original size. Their plans for Belfast don’t end there - informed sources report that Granny Annie's owners have acquired a substantial licensed site in the city centre for a major live music complex.
Other notable movements include the impending sale of Cafe Vaudeville on Arthur Street and the reopening of the vacant former Stiff Kitten premises at Bankmore Square as "The Marcus Ward Bar/Foundry Nightclub", while the "The Bar with No Name" premises on Dublin road is currently undergoing refurbishment and re-branding as "The Five Points". In Sailor Town along Clarendon Dock plans are in place to re-open "The American Bar" which will undoubtedly help rejuvenate the area and boost it's profile.
With regards to licencing some positive news has arisen with the long-awaited Licencing Bill being introduced at Stormont. The bill contains several minor concessions aimed at taming the increasingly vocal voices of dissent angered by our archaic licencing laws, while concurrently appeasing the religious minority who oppose any further liberalisation of alcohol sales. However, controversial Easter restrictions on sales will broadly remain in force and will continue to severely limit trading opportunities for publicans. It is the our opinion, and the opinion of a vast majority of the hospitality community in Northern Ireland, that the limited nature of the proposed changes to the existing laws will have little tangible effect on improving Northern Ireland's night-time economy and it's image as an entertainment destination. With tourist numbers increasing there is a clear opportunity to unlock considerable economic benefits for local businesses and this can done in a responsible manner, without resorting to 24-hour drinking laws which exist in the remainder of the UK.
We have seen a continuing increase in enquiries for valid and subsisting Intoxicating Liquor Licences and have acted for both sellers and buyers in recent months. If you have a Licence which you would like to sell or would like to enquire about purchasing a licence please contact us on 02890441000 or via email at email@whelan.co.uk for free confidential advice.
SEPTEMBER 2016
LET - JAMESON'S BAR, PORTADOWN
- Jameson's Bar, Portadown has been let to a NI based operator by Whelan Commercial on the behalf of the owners.
- Throughout the marketing period interest was strong in this popular town centre sports bar.
JULY 2016
SOLD - COOLEY'S BAR, BENONE
- Whelan Commercial have sold Cooley's Bar, located near the popular seaside resort of Benone, Co. Londonderry.
- A number of bids from prospective local led to a strong and competitive buyers bidding process.
- The property was closed at the time of sale.
MAY 2016
SOLD - THE BALMORAL HOTEL, BELFAST
- Whelan Commercial have sold The Balmoral Hotel, Belfast on the instructions of KPMG, administrators of Balmoral Inns LLP, following a short marketing period.
- There was serious interest and strong bidding for the 42 bed, 3 star hotel and wedding venue with several offers being made in excess of the asking price.
WE ARE LOOKING FOR LIQUOR LICENCES
- Do you own an Intoxicating Liquor Licence? If so then we want to hear from you!
- We currently have a number of requirements for valid and subsisting licences in Northern Ireland, please contact us for further details.
SEPTEMBER 2015
AGRICULTURAL LANDS AT SEAVIEW CASTLEWELLAN - SOLD
- After a competitive bidding process Whelan Commercial have sold 5 acres of Land on Dublin Road, Castlewellan acting on behalf of the receiver.
JULY 2015
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151 / 155 LISBURN ROAD, BELFAST - SOLD
Acting on behalf of administrators Whelan Commercial have sold this prominent development site on the Lisburn Road, Belfast. |
JUNE 2015
310/320 UPPER NEWTOWNARDS ROAD, BELFAST - SOLD
- Acting on behalf of the Co-Operative Group, Whelan Commercial have sold, 3010/320 Upper Newtownards Road, a prominent retail property in the exclusive Ballyhackamore area of East Belfast.
- The property benefits from substantial frontage onto the Upper Newtownards Road, a main arterial route into Belfast.
MAY 2015
THE CABIN BAR - SOLD
- Acting on behalf of fixed charge receivers Whelan Commercial have sold The Cabin Bar, a former public house in a prominent location within Downpatrick town centre.
- We understand the new owner is intending to refurbish and reopen as a licensed restaurant
DECEMBER 2014
THE FLY - SOLD
- Acting on behalf of the Fixed Charged Receiver, Whelan Commercial have sold The Fly, a prominent bar/nightclub in South Belfast.
- Popular with Belfast’s student population, the 5,000 sq ft property contains a public bar on the ground floor in addition to a nightclub on the first and second floors.
- Following strong and competitive bidding the property was sold to a local hospitality company.
NOVEMBER 2014
PUB OF THE YEAR AWARDS 2014
- The 2014 Pubs of Ulster, Pub of the Year Award winners were announced last night (12th) in spectacular style at the La Mon Hotel.
- PUB of the YEAR 2014: The Goat's Toe, Bangor
- Best Barperson of the Year in partnership with the Sunday Life: Clare Johnston, The Railway Arms, Coleraine
- Best Marketing Idea: Shiro, Belfast
- Best Charity Event: Sally's of Omagh
- Best Entertainment: The Wild Duck Inn, Portglenone
- Best New or Improved: The Albany, Belfast
- Best Food: The Maghera Inn, Castlewellan
- Best Big Idea: Ryan's Bar & Restaurant, Belfast
- Best Hotel Bar: Adair Arms Hotel, Ballymena
- Pub Week Event: The National Grande Cafe, Belfast
Over 430 guests enjoyed a fantastic evening as the winners were announced;
Huge Congratulations to all the winners.
NOVEMBER 2014
WE HAVE MOVED
- We have moved to new offices in Scottish Provident Building in Belfast city centre.
- Our new telephone number is 028 9044 1000
APRIL 2014
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SOLD - LICENCED PREMISES
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JANUARY 2014
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SOLD - LICENCED PREMISES
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JULY 2013
SOLD - OFFICE BUILDING
- Acting on Behalf of Danske Bank Ltd Whelan Commercial have sold the 8,500 sqft Landmark House office building located at 5 Cromac Quay in the Gasworks business park to owner occupier NI.CO.
- Constructed in the early 2000’s adjacent to the main pedestrian entrance to the Gasworks from Cromac Street, Landmark House is an architecturally striking building laid out internally to provide three floors of offices and a small penthouse level. The building was sold with vacant possession of ground and first floors with the second floor and penthouse levels let to Of-Com.
APRIL 2013
NEW WEBSITE
Whelan Commercial are happy to annouce the launch of their new website. The website has been designed around a simple and easy to use frame work which we are sure our clients and visitors will enjoy.
Please register your email address to receive latest news and property listings from Whelan Commercial.
Whelan Commercial are happy to annouce the launch of their new website. The website has been designed around a simple and easy to use frame work which we are sure our clients and visitors will enjoy.
Please register your email address to receive latest news and property listings from Whelan Commercial.
MARCH 2013
MARKET REPORT - European Office Market 2013
- Despite a drop in take-up, the positive net absorption and the low level of deliveries succeeded in pushing down the vacancy rate and increasing prime rents on average in Europe. But this global positive development hides very important discrepancies.
- Poor economic conditions are weakening occupier demand
- Investor interest stays concentrated on secured offices in 2012
DECEMBER 2012
MARKET REPORT - HOUSING AND THE ECONOMY
- The Economy is showing better signs of growth. Consumer spending is finally rising as employment rises and real incomes are being squeezed less by inflation.
- Against this background we expect UK growth to stengthen over the next few years.
- Interest rates should start to get back to normal levels next year, but this will be a slow and gradual process.
OCTOBER 2012
OFFICE ACQUISITION - MURRAYS EXCHANGE
Acting on behalf of Thriftway Travel, Whelan Commerical has aquired 4,500sq.ft of grade A office space at a landmark ofice development, Murrays Exhange.
Acting on behalf of Thriftway Travel, Whelan Commerical has aquired 4,500sq.ft of grade A office space at a landmark ofice development, Murrays Exhange.
