DTZ Sherry FitzGerald is currently marketing the well known and well established Boathouse restaurant in the centre of Oranmore village.
The ground floor of the property is fully fitted as a restaurant and extends to approximately 232sq m. The property currently trades as The Boathouse and is fully let producing an income of €20,800 per annum (tenants not affected ).
The adjacent accommodation previously traded as a B&B but has been vacant for some time and is in need of refurbishment. It can be accessed separately from the ground floor and could be converted to residential apartments, subject to planning permission.
The property has an AMV of €250,000 and is for sale by auction on October 7.
George Brady of DTZ Sherry FitzGerald noted: “Investments of this nature in the centre of Oranmore village are in rare supply and we expect strong interest on the day of the auction.”
The property is offered for sale by auction by DTZ Sherry FitzGerald on October 7 and further details can be acquired from the sole selling agent on 091 569181.