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Lot 39
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1 March 2012 Auction
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| Reserve Price Not to Exceed | €650,000 | | Result | €650,000 |
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RossnowlaghSandhouse Hotel Donegal Bay Co. Donegal
A Part Freehold and Part Leasehold Fifty Five Bedroom Hotel on a Site extending to Approximately 3.21 Acres with Planning Permission for Sixteen ApartmentsRESERVE NOT TO EXCEED €650,000 On the Instruction of KIERAN WALLACE the LIQUIDATOR, KPMGTenurePart Freehold and Part Leasehold.LocationRossnowlagh is a seaside resort in the north-west of Ireland, known for its Blue Flag sandy beaches and hosting some of the world's best surfing opportunities, to include the European Championships. The property is located along the beach front overlooking the Atlantic Ocean and the Cliffs of Donegal. Local facilities are available in Rossnowlagh, with the further facilities of Ballintra and Donegal being accessible approximately 12 km and 22 km respectively. The property is located near the R231, which in turn provides access to the N15. The property is within walking distance from Fin McCool's Surfing School.DescriptionThe property comprises a 55 bedroom detached hotel with various facilities to include The Boss's Bar, Surfer's Bar and Marine Spa. There is car parking to the front. There is a 7 day Ordinary Publicans Licence in place. We understand there is planning permission for 16 apartments on the site. Planning permission is not in the name of the Liquidator, therefore purchasers should make their own enquiries. AccommodationThe property has not been internally inspected by Allsop Space. The following information was provided by the Liquidator. We understand the property provides: Hotel - 55 Bedrooms, Seashell Restaurant, The Boss's Bar, Durnesh Function Room, Surfer's Bar, Marine Spa, Conference and Meeting Room Facilities and several Private Resident Lounges. Site Area - Approximately 3.21 Acres PlanningPlanning permission was granted in May 2010 for 16 apartments (Planning Ref: 10/20096). Contact Donegal County Council Tel: 074 917 2222. Website: www.donegalcoco.ie NB: We understand there is an option to purchase the contents by separate negotiations with the Liquidator. To ViewPlease go to www.allsopspace.ie to see the viewing schedule for this lot.Seller's SolicitorMessrs Matteson Ormsby Prentice (Ref: OMOL/622199/15). Tel: +353 (0)1 232 2000. To request a legal pack, please refer to www.allsopspace.ieVacant Possession
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