Commercial Property in Newry available for sale
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Commercial Properties for Sale in the Newry, UK

Explore the Latest Newry Commercial Property for Sale

More details for 9 Hill St, Newry - Retail for Sale

9 Hill St

Newry, BT34 2BN

  • Retail for Sale
  • £130,000
  • 908 sq ft
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More details for 41-43 Greencastle St, Newry - Hospitality for Sale

Kilmorey Arms Hotel - 41-43 Greencastle St

Newry, BT34 4BH

  • Hospitality for Sale
  • 9,750 sq ft
  • Restaurant

Newry Hospitality for Sale - West/South of Northern Ireland

This is a substantial Grade B2 Listed hotel of traditional construction dating back to the mid 19th century. The hotel reception is accessed via Knockchree Avenue. The ground floor provides a public bar, lounge, restaurant, kitchen, function suite as well as associated service areas. Also to the rear of the property is an enclosed beer garden with its own bar servery providing covered seating area. The ground floor accommodation has been refurbished to a good standard. The first floor is accessed via a stairwell or passenger lift off the reception foyer. The hotel provides 24 no. ensuite bedrooms which have been modernised. In addition this level provides conferencing facilities to include the Binnian and Knockchree suites. In addition two further staff bedrooms are located on the second floor. The bedroom accommodation is finished to a good standard with some of the ensuites recently benefitting from refurbishment. The property provides vehicular access off Knockchree Avenue into the rear car park, service entrance and garden area. Fixtures and Fittings An inventory of fixtures and fittings to be included in the sale will be made available upon request. Trading Accounts Trading accounts will be provided to potential purchasers on request. TUPE The hotel is offered for sale as a going concern and the purchaser will be required to comply with the current TUPE legislation and employment transfer. Licensing The property benefits from a 5(1)(c) hotel licence and an Entertainment Licence. Planning The property is B2 Listed (HB reference no. HB16/03/012). Total Accommodation – 24,466 sq ft (2,273 sq m) Site Area – 0.62 acres (0.25 hectares) EPC – D84

Contact:

Osborne King

Property Subtype:

Hotel

Date on Market:

21/03/2025

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FAQs about Commercial Properties For Sale in Newry

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How many Commercial Property listings are available for sale in Newry?
There are currently 11 Commercial Properties available for sale near Newry. These Newry Commercial Property listings have an average size of 4,360 sq ft. The largest available listing in Newry is 9,750 sq ft. The thriving commercial centre and excellent transport links in Newry make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Newry?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Newry currently range from £32 to £127 per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Newry?
There is a diverse range of commercial properties available in Newry to suit various business needs. Newry offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 11 Newry commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Newry, UK

Market Overview for Commercial Properties in Newry

Key information for Commercial Properties investors in Newry and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Newry £88 4,360 sq ft
Banbridge £101 3,353 sq ft
Craigavon £45 5,712 sq ft
Ballynahinch £34 43,387 sq ft

Rental Price Trends in Newry

The price per square foot range for Commercial Properties in Newry and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Newry £32 £88 £127
Banbridge £101 £101 £101
Craigavon £16 £45 £67
Ballynahinch £34 £34 £34

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Newry area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Newry 908 sq ft 4,360 sq ft 9,750 sq ft
Banbridge 1,201 sq ft 3,353 sq ft 5,504 sq ft
Craigavon 4,500 sq ft 5,712 sq ft 7,043 sq ft
Ballynahinch 9,024 sq ft 43,387 sq ft 77,750 sq ft
Downpatrick 5,956 sq ft 5,956 sq ft 5,956 sq ft

You searched for commercial property for sale in Newry. Explore 11 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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