Lot 1 - Lord Maguires Bar, Restaurant + 3 Commercial Units, Ballinroad, Dungarvan, Co. Waterford, X35 N27

  • Unconditional Online Auction Sale
  • AMV : €500,000

FOR SALE BY ONLINE AUCTION 05TH NOVEMBER 2021

Description

REA Spratt offer for sale via online auction on Friday 05th November 2021 this substantial modern licensed premises in addition to three adjoining commercial units located in the popular area of Ballinroad, Dungarvan, Co. Waterford. The entire is being offered as one lot with the benefit of vacant possession and adjoining car parking (70 spaces).

The Bar Restaurant Premises extends to 900sq.m on three levels.

Ground Floor - Entrance lobby to bar lounge area generous in size having a number of raised seating areas, traditional fitted bar counter and external covered seating area off. Commercial kitchen / prep area with cold room and dry goods off, rear hallway with ladies and gents facilities off, lift access to basement and first floor levels and access to rear enclosed service yard.

First floor- Significant works have been carried to date to provide for generous function room / restaurant / alternative space having ladies / gents facilities off, lift access to lower levels and two generous balcony's ideal for external dining. This accommodation can provide a new owner with scope for further business development with growth potential.

Basement- Extensive commercial service area to include keg delivery area via shoot to service yard, off having office, spirit store, dry goods store, bottle store and cold room (5m x 6m).

In addition, there are three adjoining commercial units.

Unit No 1 extends to 186sq.m- Fully tiled floor, opportunity for a number of uses.
Unit No 2 extends to 94sq.m- Laminated floor, opportunity for a number of uses.
Unit No 3 extends to 106sq.m- Currently trading as Ballinroad Convenient Stores (vacant possession available on closing).

Dungarvan is a strong thriving potential Town benefiting from a evolving tourism offering. Situated on the N25 national primary road and the R672 and R675 regional roads. Ballinroad is situated approx. 5km East of Dungarvan Town Centre and has experienced significant development and expansion in recent times resulting in a substantial local catchment area and opportunity for seasonal uplifts in trade.

TOTAL FLOOR AREA: 1286.000 SQ MTRS / 13842.504 SQ FT

BER No: 800531709

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Sold for €500,000

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Terms & Conditions to bid on this Property

Vendor's Solicitor

Ms Monika Chaberska - Blaszczyk of Cullen & Co Solicitors

01 453 6114

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