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091 564 212

COMMERCIAL SALES

over 35 years of business experience

(LOT NO. 50) - Lohans Bar & Restaurant, 232 - 234 Upper Salthill Road, Salthill, Galway
Sold C1

Pubs & Restaurants 6000 ft² / 557.42 m²

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Description

FOR SALE BY PUBLIC AUCTION ON FRIDAY 17TH JUNE, 2016 AT 2:00PM IN THE HARBOUR HOTEL, THE DOCKS, GALWAY

PRIME COMMERCIAL LICENCED PREMISES WITH 5 QUALITY RESIDENTIAL APARTMENTS OVERHEAD

Lohans Bar & Restaurant (Licensed Premises), 232-234 Salthill, Galway
Separate Off licence adjacent to the bar
5 Residential Apartments overhead at Darcy Court with separate access

O Donnellan & Joyce are delighted to offer for sale a Prime mixed Commercial/residential property comprised of Lohans Bar/Restaurant 232-234 Upper Salthill, Galway. This is a magnificent opportunity to acquire one of Salthills prime commercial/residential properties and 5 exceptional residential apartments overhead with views overlooking Galway Bay.

232-234 Upper Salthill is comprised of, Lohans Bar & Restaurant with a 7 day licence, fully fitted out commercial kitchen and Next Door Off Licence along with 5 quality apartments. The 5 apartments located at Darcy Court are located overhead and are presented in excellent condition throughout providing a gilt edged residential investment. This is an excellent opportunity to acquire an excellent mixed commercial/residential property which would be ideally suitable for an owner occupier or for a client looking for a quality commercial/residential investment with an excellent yield.

The Bar & Restaurant is presented in a welcoming open plan style on the ground floor with the off licence having its own separate entrance. The ground floor bar/restaurant is presented and maintained to a high standard with quality fixtures & fittings and careful attention to detail & decor throughout. The ground floor also comprises of the commercial kitchen and access to a disabled W.C. The main Ladies & Gents bathrooms are located via stairs in the basement. The basement also comprises of office space and storage area which is ancillary to the bar.

The apartments at Darcy Court overhead comprise of a communal entrance hall, with stairs & lift to 1st, 2nd & 3rd floors, the accommodation comprises of two 2 x Bedroom apartments on the first floor, two 2 Bedroom Apartments on the second floor and a luxurious 4 bedroom bedroom apartment on the 3rd floor (originally designed as two 2 Bedroom apartments). The rental income per apartment is in the region of €800 per month while the 4 bedroom apartment is being sold with vacant possession. The courtyard comprises of a fabulous communal garden terrace on the second floor. The apartments are accessible from Lenaboy Avenue. Viewing is strictly by appointment and is highly recommended. All enquires to Shane Mc Donagh or Colm O'Donnellan of O'Donnellan & Joyce Auctioneers at 091 564212

Features

Gilt Edged mixed commercial/residential property
Prime Location in the heart of Salthill
Accessible from Lenaboy Avenue
5 exceptional residential apartments overhead, all with views of Galway Bay
A short stroll from the beautiful Salthill Promenade
Two miles from Galway city centre
Rental income per 2 bed apartment is in the region of €800 per month
4 bedroom apartment is being sold with vacant possession
Large catchment area and surrounded by excellent facilities

BER Details

BER: C1

Viewing Details

VIEWING BY APPOINTMENT
For Further details please contact our office on 091-564212
* OFFICE OPEN ALL DAY SATURDAY *

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NOTE: These particulars are not to be considered a formal offer. They are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract, nor to be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, neither O'Donnellan & Joyce Auctioneers nor the vendor accept any liability as to their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars. No person in the employment of O'Donnellan & Joyce Auctioneers has any authority to make or give any representation or warranty whatever in relation to this property.

Room Details

Bar/Restaurant (Ground Floor) - m x m
Bright & spacious, open plan in style, part wood flooring, part tiled flooring, excellent decor throughout, main bar area, ample seating throughout

Disabled Toilet - m x m
WC, WHB, disable access

Commercial Kitchen - m x m
Fully equipped commercial kitchen

Separate off Licence - m x m
Adjacent to the main entrance of the Bar, separate access

Ladies/Gents Toilets (Basement) - m x m
Toilets in the basement, access via stair from main bar

Office Space (Basement) - m x m
Office space in the basement, access via stair from main bar

Storage Area (Basement) - m x m
Storage area in the basement, access via stair from main bar

Residential Apartments Overhead - m x m
Comprises of 5 Residential Apartments, accessible from Lenaboy Avenue, all with sea views, directly opposite Salthill Promenade, Two 2x bed apartments on the 1st floor, Two 2x bed apartments on the 2nd floor & One 4 bed apartment on the top floor, fabulous communal garden terrace on the second floor

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