Walsh's Bar and 7 Apartments, 9 Mill Street, Westport, Co. Mayo

POA Energy Rating F28 WV10
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Description

Sherry FitzGerald Crowley are delighted to bring to the market this exceptional investment opportunity comprising of a thriving town centre bar with a well appointed commercial kitchen and seven in number apartments. The property enjoys a pivotal position in Westport town adjacent to the landmark Clock Tower at the junction of Mill Street, Bridge Street (Westport's main street) and Shop Street. The bar is presented in excellent condition having been entirely refurbished to a high standard in 2016 when it was stripped back, rewired, replumbed, replastered and all fittings replaced. The floor area measures approximately 166.9 sq m/1796.5 sq ft. Accommodation includes front lounge, back bar, Ladies, Gents and Staff WCs. There is a smoking area to the rear measuring approximately 22.5 sq m/241.7 sq ft. The apartments offer a significant rental income stream offering an option of long term or short term occupation. There are four in number 2 bed/2 bath units and three in number 1 bed/1 bath units. Westport is one of the West of Ireland's premier holiday destinations with year round demand for accommodation from both national and international visitors. To the rear of the property is a separate building accessed via the smoking area with an additional entrance from a town car park. On ground floor there is a HSE approved and fully equipped kitchen, floor area approximately 32.3 sq m/348 sq ft. This unit has a separate electricity meter and offers potential as a standalone catering unit. The seven apartments are laid out over first, second and third floors in the front and rear buildings. Three currently have long term leases in place and four are utilised for short term lettings on Booking.com. All of the apartments are presented in turnkey condition following recent refurbishment work and require no investment. Long term and short term rental incomes in Westport town are currently buoyant with strong demand for both. There is also the option to let these properties on Airbnb. Apartment One: First floor, two bedrooms, two bathrooms, floor area approx 53.56 sq m BER B3, BER Number 106136633 Apartment Two: First floor, two bedrooms, two bathrooms, floor area approx 54.43 sq m, BER D1, BER Number 106140767 Apartment Three: First floor, one bedroom, one bathroom, floor area approx 31 64 sq m BER E2, BER Number 106145907 Apartment Four: Second floor, two bedrooms, two bathrooms, floor area approx 54.39 sq m BER C2, BER Number 102921954 Apartment Five: Third floor, one bedroom, one bathroom, floor area approx 32.12 sq m BER C3, BER number 106138225 Apartment Six: First floor, one bedroom, one bathroom, floor area approx 40.24 sq m BER E1, BER Number 106138894 Apartment Seven: Third floor, two bedrooms, two bathrooms, floor area approx 63.62 sq m BER E1, BER Number 106143019

Accommodation

BAR ACCOMMODATION - Front Lounge - 11.26m x 6.34m Solid oak and tiled floors, mahogany bar and seating booths, storage room to rear of bar Back Bar - 7.53m x 7.3m Solid oak and tiled floors, mahogany bar and seating booths Hallway - 5.71m x 1.26m Tiled floor, door to smoking area and kitchen Cold Room - 4.18m x 2.59m Cooler, 16 lines Ladies WC - 3.13m x 3.03m Fully tiled, cubicles x 3, sinks x 3 Gents WC - 3.41m x 2.88m Fully tiled, cubicles x 2, sinks x 2 Staff WC - 2.2m x 1.46m Fully tiled, wc, whb REAR BUILDING - Back Hallway - 7.99m x 1.48m Door to rear car park & access for apartments 2 and 3 Kitchen - 7.66m x 4.22m Fully equipped HSE approved kitchen with vinyl flooring, stainless steel splash backs, stainless steel appliances include 4 ring gas cooker, gas fryer, electric counter top fryer, hot plate, combi oven, under counter fridges x 2, under counter freezer, large upright fridge, dishwasher APARTMENT ONE - Entrance Hall - 4.67m x 0.95m Laminate floor Living/Dining/Kitchen - 3.77m x 2.89m &4.04m x 2.07m Laminate floor, maple pvc kitchen, blinds Bedroom One - 3.25m x 2.34m & 2.2m x 1.03m Laminate floor, curtains & blinds Bedroom Two - 3.34m x 2.83m 1.89m x 1.57m En-Suite - 1.89m x 1.57m Fully tiled, shower, wc, whb Bathroom - 2.56m x 1.65m Fully tiled, bath, wc, whb

Features

  • Thriving town centre bar
  • Brought to the market as a going concern
  • Bar fully refurbished in 2016
  • Fully equipped HSE approved commercial kitchen
  • 7 in number apartments
  • Long term and short term rentals

BER Details

BER: G BER No: 800250433 Energy Performance Indicator: 1632.59

Negotiator

Andrew Crowley
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-€35,000 (-10.61%)
€330,000 €295,000
7th Mar 24
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Sherry Fitzgerald Crowley
Sherry Fitzgerald Crowley
Tel: 098 2...
PSRA Licence No. 002699

Date created: Nov 25, 2022

Sherry Fitzgerald Crowley
Sherry Fitzgerald Crowley
PSRA Licence No. 002699
Mr. Andrew Crowley (Assoc. I.A.V.I)
Call Agent: 098 2...