Former Hotel, Main Street, Ballaghaderreen, Co. Roscommon
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Former Hotel, Main Street, Ballaghaderreen, Co. Roscommon
Type
Commercial
Status
Sold
Size
2,023 sq.m.
Description
For sale by James Kilcoyne Ltd. via the iamsold Bidding Platform
Online Auction: Thursday 20th July at 3pm to 3:30pm
Please note this property will be offered by online auction (unless sold prior). Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.
https://www.iamsold.ie/auction/properties/05577d3e33c2471bbace9eb8f380bca8
James Kilcoyne Auctioneers and Valuers in partnership with Iamsold are delighted to welcome to the market this well-located former hotel "Lough Gara Hotel" situated at Main Street, Ballaghaderreen, Co. Roscommon.
The property, which is now completely derelict, offers excellent potential for development.
A brief laid out of the hotel is as follows:
Ground Floor - Reception area, bar, function room with its own bar, dining room, kitchen and ladies and gents' toilets.
First Floor - 12 bedrooms, a store room, 4 bathrooms, 1 shower room and a WC.
Subject to planning, this is a superb opportunity for an investor to come along and repurpose this site and create a small complex of apartments or indeed stay with the commercial route as the property could host a fine range of commercial uses or bring it back to it's former glory as a hotel located in the centre of the town.
Behind the former hotel, there is a large area which houses a derelict abattoir/factory. Again for the right buyer, this offers excellent potential for further development or to use as car parking space if one were to utilise the existing derelict hotel for accommodation purposes. Please note this property is unlicensed.
This property offers Huge Potential.
Starting Bid and Reserve Price
*Please note all properties are subject to a starting bids price and an undisclosed reserve. Both the starting bid and reserve price may be subject to change. Terms and conditions apply to the auction, which is powered by IAM Sold Property Auctions.
Auctioneer's Comments
This property is offered for sale by unconditional auction. The successful bidder is required to pay a 10% deposit and contracts are signed immediately on acceptance of a bid. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale.