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Lot 25
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3 October 2012 Auction
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| Reserve Price Not to Exceed | €345,000 | | Result | €370,000 |
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KilkennyAn Poc Fada
20 Rose Inn Street
A Freehold Mid Terrace Public House in a Prominent City Centre Location with a Publican's 7 Day Licence and subject to a Tenancy • Extending to Approximately 499.12 sq m (5,367 sq ft) On the instructions of The receiver, O'Neill Foley and co.RESERVE NOT TO EXCEED €345,000 TenureFreehold.LocationThe property is situated in a prominent position within Kilkenny city centre on the junction of Rose Inn Street, High Street, The Parade and Patrick Street. Surrounding occupiers include Spar, The Hibernian Hotel, National Irish Bank, The Left Bank and Ladbrokes. Kilkenny is situated approximately 124 km to the south-west of Dublin with access provided via the M9 Motorway. Kilkenny Rail Station is located approximately 1 km to the north-east of the property.DescriptionThe property comprises a mid terrace building arranged over ground and three upper floors. The property is internally arranged to provide two bar areas on the ground floor, with a further bar, dining/function area, kitchen and WCs to the first floor, with staff quarters situated over the second and third floors.LicenceThe property benefits from a 7 day publican's licence.AccommodationAllsop Space have part internally inspected the premises. The following measurements were obtained from a Valuation Report.
Ground Floor - Two Bars and Bar Area 194.09 sq m (2,087 sq ft)
First Floor - Bar, Dining/Function Area, Kitchen, WCs and Storage Area 194.09 sq m (2,087 sq ft)
Second Floor - Storage Area/Staff Quarters 62.78 sq m (675 sq ft)
Third Floor - Storage Area/Staff Quarters 48.08 sq m (517 sq ft)
Total - 499.12 sq m (5,367 sq ft) TenancyThe property is presently occupied on a commercial lease subject to the following terms:
Term: 3 years and 6 months from January 2011
Current Rent Reserved: €52,000 per annumTo ViewThis property is available for viewing every Friday starting Friday 14th September between 9.30 a.m. - 10.30 a.m. Seller's SolicitorMessrs Boland & Company
(Ref: Mr K Boland).
Tel: +353 (0)56 7763434.
To request a legal pack, please refer to www.allsopspace.ieCurrent Rent Reserved €52,000 per annum
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