CBRE and joint agents Mullery auctioneers have confirmed their instructions to offer The Crane Bar, Sea Road, Galway, for sale. The property is offered with a reduced guide price of offers in excess of €550,000.
The property is offered for sale on behalf of Paul McCann of Grant Thornton, acting as receiver/manager.
The Crane Bar is located on Sea Road in the heart of Galway’s entertainment district, a short walk from Shop Street and Jurys Inn Hotel. The two storey over basement corner premises is synonymous with traditional music and has for many years been popular with locals and tourists.
The premises include a ground floor bar and first floor lounge/music venue and are fitted in traditional style throughout. The premises are let on a 20 year lease from 2006 and offer investors an opportunity to acquire a well located city centre pub investment property.
The joint selling agents have confirmed that The Crane Bar has already generated interest from investors wishing to acquire a well located Galway city investment.