Description

Rare opportunity to acquire a renowned Licensed Premises with full planning permission to develop an extensive Niteclub, restaurant, bar, lounge, car & coach park. The proposed extension will extend to 1957 Sq Mts (21,165 Sq Ft) gross internal area incorporating a first floor restaurant, two storey Niteclub with feature wrap around balcony, bar and lounge accommodation. Ancillary accommodation includes ladies and gents Wc facilities, kitchen, dry goods and cold stores, beer stores, offices and two external smoking areas.

 

The property also includes 0.36 ha (0.88 acres) located nearby on Pound Street on which it is proposed to develop coach and car parking facilities. In all 5 coach spaces and 85 car spaces can be provided considerably over and above the planning requirements for the proposed Niteclub and restaurant development.

 

The premises currently operates as a busy bar & lounge incorporating various unoccupied residential units which could generate additional rental income pending commencement of the construction works for the Niteclub and restaurant. (These residential units will need to be demolished to make way for the construction of the Niteclub and restaurant. Part of the first floor is currently occupied by a turf accountant at a rent of €140 per week. There is no tenancy agreement is in place and vacant possession will be available if required.

 

This is a truly unique opportunity to acquire a thriving licensed premises with the benefit of planning permission for such a lucrative development situated in one of the County’s most desireable holiday home locations. There is a considerable catchment area currently lacking such facilities and a substantial all year trade is envisaged. 

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Location of Property

The property is located on the south side of the Main Street in Dunfanaghy a few doors from Arnold’s Hotel / AIB, directly opposite Dunfanaghy beach and within a short stroll of Kilahoey Strand. Dunfanaghy is situated in the North West of the County and enjoys breathtaking views of Horn Head, Sheephaven Bay and the Atlantic coast. Dunfanaghy is also well known for its golf links, pony trekking, glorious sandy beaches, swimming, boating and is one of the North West’s most desirable & popular all year round holiday / weekend home locations.

Sherry FitzGerald Rainey

www.sfr.ie

Agent Contact Details

• Canal House
• Lower Main Street
• Letterkenny
• Co. Donegal

• Tel: 074 912 2211
• Fax: 074 912 2212
• Email the Agent

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