Main Street, Ballaghaderreen, Co. Roscommon

For sale by James Kilcoyne Ltd. via the iamsold Bidding Platform

Online Auction: Date To Be Confirmed

Please note this property will be offered by online auction (unless sold prior). For auction date and time please visit iamsold.ie. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.

https://www.iamsold.ie/auction/properties/e0414f469b6c4050ab5f9e7761f5245d

James Kilcoyne Auctioneers and Valuers in partnership with Iamsold are delighted to bring to the market this well-located former hotel "Lough Gara Hotel" situated at Main Street, Ballaghaderreen, Co. Roscommon.

The property, which is now derelict, offers excellent potential for development.

A brief layout 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.

Features
Potential for development for residential / commercial purposes.
Great location - centre of town.
Former hotel (with bar and function room area).
Potential car parking to the rear.
Derelict factory behind the hotel.
BER: Exempt

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.

Auctioneers Comments:
This property is offered for sale by online auction (unless sold prior) so please contact us early to avoid disappointment. 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.