Freehold Development Opportunity For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this unique development opportunity and potential hotel site. Hanover House is currently offering food & drink to the public and caters for weddings, conferences and functions. It also has four guest bedrooms, which have been let out in recent years. The front part of the building is listed and is extremely impressive featuring stone work, dating back to the 1700s. The grounds cover approximately 7 acres following the banks of the River Ballinderry. Plans have been drawn up and expected to be approved for 5 town houses, 17 chalets and 18 apartments. The sale also includes our clients' recently completed luxury detached house. This site may also appeal to hotel groups where the grounds could be used to offer further accommodation or self catering apartments. This is an excellent site, which will to appeal to hoteliers and developers alike. We expect interest to be high and Bag a Business Ltd would urge early enquiries.

Property information

Property:

Freehold

Location:

Hanover House and its associated lands are located off the main street on the banks of the River Ballinderry in Coagh, County Tyrone. It is located in the heart of Northern Ireland and is therefore an excellent commuter town. It lies 5 miles east of Cookstown, just an hour from the north coast and 40 minutes from Belfast. There is a primary school located in the town, and secondary schools are located 15 minutes away in Magherafelt and in neighbouring Cookstown. The town is well served by local shops, bars and restaurants, whilst still retaining a rural charm.