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€575,000
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The Coach House Bar & Night Club
38 O' Connell Sqr
Edenderry
Co. Offaly
R45 F867
Description
The premises is in great condition throughout having undergone extensive upgrading over the past three years.
Currently it is generating a strong rental income from a well run, thriving & profitable business. This is a superb investment opportunity. The Bar & Nighclub are leased separately from the accommodation.
The realistic rental income is €65,000 per annum with potential to increase if unused rooms are renovated.
Overhead the Bar & Nightclub there is the newly refurbished residential accommodation presents as a six bedroomed apartment leased separately and with its own access. There are an additional twelve rooms vacant, in need of renovation, at first floor level increasing the potential rental income.
The total floor area of the premises is more than 930 sq. mts/10,000 sq. ft.
All accommodation has been upgraded to current regulations, standards & compliance.
There is a full fire safety certificate in place for the bar, night club & overhead accommodation.
The site extends back to the new inner relief road in Edenderry, Blundell Ave, and has access here also. This access could support a further development opportunity from the rear of the building and produce increased income streams.
All necessary current planning permissions in place and compliances are in place.
There is a full seven-day licence and a night club dance licence.
All fixtures fittings & equipment in both bar, night club & accommodation are included in sale.
Viewing by appointment with Sherry FitzGerald Fogarty 0505 21192
Features
Professional lighting & sound system in the Night Club.
All main services including water, sewerage, and e fibre broadband supplied and connected. Seven day Bar licence & Night Club Dance licence in place.
All planning permissions & fire safety matters are in order.
Monitored Intruder alarm installed.
Rooms
Bar 1
Bar 2
Bar 3
Cloak Room
Office
Gents Toilet
Ladies Toilet
Lobby
Store 1
Store 2
Store 3
Store 4
Assistance Toilet
Ladies Toilet 2
Gents Toilet 2
Smoking Area
FIRST FLOOR
Bedroom 1 3.1m x 5.09m
Bedroom 2 3.1m x 3.74m
Bedroom 3 2m x 3.7m
Bedroom 4 3.1m x 5m
Communal Bathroom 2m x 4.28m
Communal Kitchen/Living 7.1m x 3.42
Bedroom 5 3.4m x 2.75m
Bedroom 6 4m x 3.23m
Bar (to frontof premises)
Night Club
Store
BER Information
BER Number: 800615163
Energy Performance Indicator: 10016486561
About the Area
No description
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Help To Buy Scheme
The property might qualify for the Help to Buy Scheme. Click here to see our guide to this scheme.
First Home Scheme
The property might qualify for the First Home Scheme. Click here to see our guide to this scheme.