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Lot 61
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3 October 2012 Auction
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| Reserve Price Not to Exceed | €290,000 | | Result | €290,000 |
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Dunmore EastThe Ocean Hotel Convent Road Co. Waterford
A Freehold Detached Twelve Bedroom Hotel• Providing function, dining and bar facilities • Benefits from Sea Viewson the instructions of joint receivers and managers michael cotter and luke charleton of ernst & youngRESERVE NOT TO EXCEED €290,000 TenureFreehold.LocationThe property is situated towards the south end of Convent Road, within 'the upper village'. The property fronts on to Dunmore East Harbor and Dunmore East Sailing Club. Dunmore East is situated approximately 18.9 km to the south-east of Waterford, access to Dublin being approximately 183 km to the north-east, is provided via the M9 Motorway, which itself is situated approximately 23 km to the north-west of the property.DescriptionThe property comprises a detached twelve bedroom hotel, comprising bar/lounge, function room with bar service area, and twelve en-suite bedrooms situated over first and second floors. Externally there is a beer garden/smoking area to the rear.AccommodationThe property was internally inspected but not measured by Allsop Space. The following information was provided by the Receivers. We understand the property provides: Ground Floor - Fully Fitted Bar and Lounge, Function Room/Dining Room, Lounge and Reception Area, Lounge and Function Room 280 sq m (3,020 sq ft) First Floor - 12 x En-Suite Bedrooms, Garden/Beer GardenFixtures and FittingsAll fixtures and fittings are included in the sale.To ViewThis property is available for viewing every Tuesday starting Tuesday 11th September between 2:00pm - 3:00pm Seller's SolicitorMessrs James Riordan & Partners (Ref: Ms L Fielding). Tel: +353 (0)21 427 7444. To request a legal pack, please refer to www.allsopspace.ieVacant Possession
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