Athenry

A unique opportunity to acquire a commercial investment property producing a substantial rental income on a large c. 1/4 site.
Strategically located just off the Square in Athery Town with a long established bar trade.

Athenry is approximately 15 miles from Galway City and a proposal to construct a new dual carriage-way from Galway to Athenry guarantees a very bright future for the town. There are also imminent residential developments planned of c. 1000 houses in the next 3 years

This establishment property comprises;

• extensive licensed premises
• betting office
• overhead residential accommodation
• large rear garden with planning permission for one residence with further potential for re-development subject to planning permission.

Lease - 4 years 9 months from 1st August 1997
Review after 3 years
Review due 1 st August 2000

Rent £2,000 per month £24,000 per annum

• Betting office 10 year lease from 16th August1994
• Rent £7,000 per annum

First Floor residential £5,200 per annum