Business

Railway Bar in Lurgan up for sale

The Railway Bar in Lurgan is on the market
The Railway Bar in Lurgan is on the market The Railway Bar in Lurgan is on the market

A LANDMARK Lurgan bar and restaurant is now on the market.

The Railway Bar on William Street in the town centre has been put up for sale by its long-standing owners, who are set to retire.

The business, which has over a century of history, offers a bar and bistro-style restaurant, while the premises has recently benefited from a major renovation, which included the fitting of a new kitchen.

In addition to the well established business, the property is also home to living accommodation - boasting three reception rooms and seven bedrooms, formerly part of The Great Northern Railway Hotel.

Martin Anderson Property & Mortgages, responsible for the sale of The Railway Bar, believes the site has vast potential, with the opportunity available to expand the existing business into a B&B or hotel. Price is available on application.

"Having in the past been an established hotel, known as The Great Northern Railway Hotel, the opportunity for reestablishing this business as a hostelry is excellent," a spokesperson said.

"With two completely unused floors in addition to the living areas, the scope is tremendous and the outlay should kept to a minimum.

"The pub is ideally located and has been proven to capture a large amount of business from passing trade. Projections for future business are strong, the current owners have advised potential profitability could be doubled by a new owner with energy and enthusiasm."