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Ruby’s for sale

Ruby’s night club is up for sale.

STRABANE night club, Ruby’s has gone on sale just a matter of years after undergoing a £1.5million makeover.

Advertised on the website of commercial property consultants, Osborne King of Belfast, the sale details for the extensive Railway Street premises does not include a price tag, although an agent confirmed this week any deal would go into the hundreds of thousands of pounds.

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Mark Carron from Osborne King emphasised too, that the local venue is not likely to close in the interim and will continue trading as it is “a viable business.”

“This is a business that is trading well and there’s no chance of it closing,” he said. “It’s a very nice establishment and already there’s good interest being shown in it.

“We’re negotiating with a number of parties so we’ll just have to see how it goes over the next few months.”

Although Mr Carron remained coy about revealing the asking price, he confirmed this figure would be shared to potential buyers “on application.” “Like any vendor, they want to get as much as they can from the sale,” he added.

Opened in 2013, the former Katy Daly’s building was rebranded as Ruby’s after it was purchased by Cookstown developer, Patrick Scullion. Mr Scullion said at the time that he hoped to emulate the success of the once hugely popular Katy Daly’s.

“We hope to resurrect that business with a new state-of-the-art super venue which will immediately create up to 60 full-time and part-time staff…” he said.

Including the ground floor bar, the Harp and the Fiddle the complex contains two further self-contained sections, the Live Lounge and Ruby’s Night Club. The total area of the unit is almost 14,000 sq ft.

According to the Osborne King website, the property is being sold with a liquor licence and “turn-over figures” will be provided on a confidential basis to “bona fide” purchasers.

This week there was no-one available from Patrick Scullion’s company, 1 OAK Leisure Ltd to comment on the sale of the premises.

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