The Clarence Hotel, Wine Street, Sligo City, Sligo Sold

Pubs & Restaurants EXEMPT

Description

For Sale by Tender - (Unless Previously Sold)

(Licensee In Restaurant at First Floor Not Affected By Sale)
Vacant Possession For Remainder of Property

Unique opportunity to acquire a landmark property in Sligo town centre. This substantial property was redeveloped circa 10 years ago & includes a night club/live music venue, large bar area, restaurant & 7 hotel bedrooms.

TENDER DETAILS
Completed tenders to be returned to the offices of Hayes Solicitors, Lavery House, Earlsfort Terrace St, Dublin 2, No later than 2pm, On Tuesday 6th February 2018.

LOCATION
The subject property is located on Wine Street, one of Sligo’s premier commercial districts. It commands a most prominent position next to the Omniplex Cinema & is adjacent to the junction of Wine Street with Wine Street Car Park, Sligo’s largest surface car park.

Other high profile occupants on Wine Street include the Quayside Shopping Centre which is home to high street brands such as Insomnia Coffee, Easons, River Island, Regatta, Carphone Warehouse, Oasis, Monsoon, TK Maxx, Lifestyle Sports & Next etc.

Owing to the commercial activity close to The Clarence Hotel, the footfall enjoyed here is extensive. The volumes of passing vehicular traffic are also high giving this property superb prominence.

LICENSEE
The restaurant area is occupied by Limoncello Italian Restaurant & Take Away. The benefit of any arrears of licensee fees will be passed on to the new owner.

DESCRIPTION
The property which we understand was originally constructed in the 1800’s, was most recently redeveloped circa 10 years ago. We are advised that this property is a protected structure.

The property is nicely stepped back from the street & is finished in beautiful stonework. There is a vehicular entrance to the side of the property for deliveries & this area also gives access to the car park for the property which boasts circa 13 car park spaces.

We are advised that the overall site area for the property extends to circa 0.151 ha (0.373acres)

BER Details

BER: Exempt

Accommodation

Ground Floor
• Entrance Hall
• Main Front Bar Circa 150sqm
• Back Bar/Night Club Circa 211sqm

First Floor
• Restaurant Area Circa 150sqm
• Dance Room Circa 67sqm
• Balcony Bar (overlooking night club area) Circa 132sqm

Second Floor
• 7 Guest Bedrooms, all en suite
• Mezzanine Lounge (overlooking dance floor) Circa 66sqm

Viewing Details

Viewing By Appointment With Agent - Contact us today to arrange a viewing on 071 9159222.