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091 564 212

COMMERCIAL SALES

over 35 years of business experience

The Rio, Lower Salthill, Co. Galway
€1,300,000 D1

25 Bed 1066 m² / 11474 ft² For Sale

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Description

PRIME LANDMARK BUILDING FOR SALE BY PRIVATE TREATY

O'Donnellan & Joyce are delighted to offer the renowned Rio Guesthouse to the market. Comprising of 25 en-suite bedrooms along with a fully operational restaurant area, this is a rare opportunity to acquire such a prominent premises.

Description
The property extends to 1,066 square metres over Three floors with extensive frontage onto Lower Salthill Road along with rear access leading to Lenaboy Park. The ground floor area comprises of a welcoming reception area which leads to a substantial open plan restaurant area with a capacity of c.45 persons along with all facilities and storage areas.

The upper floors are accessed via a communal stairwell and consist of 25 well-apportioned en-suite bedrooms along with a communal lobby which is located on the first floor. Externally the property benefits from a large rear yard area which has direct vehicular access leading onto Lenaboy Park.

Furthermore, the property benefits from a rental income of €22,000 Per Annum from overhead telecom masts.

Location
The property is a landmark building situated on the Lower Salthill Road and within 500m of Salthill Village. All amenities and transport links are within walking distance of the property. Salthill has been subject to a regeneration over the past decade with the recent opening of the Omniplex Cinema along with a host of restaurants.

Being offered with full vacant possession, this is an opportunity not to be missed. For further particulars or additional information, please contact Colm O'Donnellan or Shane McDonagh of O'Donnellan & Joyce.


VIEWING BY APPOINTMENT ONLY
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.

Negotiator

Shane McDonagh

BER Details

BER: D1
BER No: 800698672
Performance Indicator:

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