Clonwyn Guest House, Bar & Restaurant, Saint Brendan's Street, Portumna, Galway, H53A8N7

13 Bedroom Mixed Use Contract Deposit Applies
This auction has ended!
   
Final Bid:
€310,000.00
  • Overview
  • Particulars
  • Agent Details
  • Deposit & Charges Explained

Property Overview

Sherry FitzGerald Madden in partnership with IAM Sold Property Auctions

We are delighted to bring to the market this landmark licenced** premises, located along Portumnas main thoroughfare.

Extending to c. 985 m2, this substantial property comprises of a well laid out ground floor area with a traditional style bar, café and function room/ nightclub area together with substantial first and second floor area comprising 9 en-suite bedrooms and 4 1 bed apartments.

Although in need of modernisation this property would make a perfect investment project and is suitable to a host of uses.

**Please note there are a number of criteria that must be met for licence to be re-instated.

Overall Floor Area: 10602 sq. ft.
Services: All mains services
Heating: Oil Central Heating
BER E1 / BER No. 800812695

TO VIEW OT MAKE A BID Please contact Sherry FitzGerald Madden or IAM Sold, www.iamsold.ie

Starting Bid and Reserve Price

*Please note all properties are subject to a starting bid price and an undisclosed reserve. Both the starting bid and reserve price may be subject to change. Terms and conditions apply to the sale, which is powered by iamsold.

Auctioneer's Comments

This property is offered for sale by unconditional auction. The successful bidder is required to pay a 10% deposit and contracts are signed immediately on acceptance of a bid. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale.

Building Energy Rating (BERs)

Building Energy Rating (BERs) give information on how to make your home more energy efficient and reduce your energy costs. All properties bought, sold or rented require a BER. BERs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that a property could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All properties are measured using the same calculations, so you can compare the energy efficiency of different properties.

Property Particulars

Please contact us for more information about this property.

Sherry FitzGerald Madden

Local Branch: Church Street, Galway, H62F E06
Head Office: Church Street, Galway, H62F E06

Deposit & Charges Explained

Clonwyn Guest House, Bar & Restaurant, Portumna, H53A8N7

Online Auctions

A non-refundable contract deposit of 10% (minimum deposit of €6,500.00) is required to be paid by the successful bidder for this property.

A Bidder Security Deposit of €10,000.00 is required to be pre-authorised from the bidders debit or credit card through the payment facilities on the auction website when registering to bid. A bidder has also the option of transferring the minimum deposit amount by bank transfer to iamsold's client account to authorise them to bid on the Online Auction (please note, this option may take several days).

The pre-authorisation amount will only be captured from the successful bidder on acceptance of their bid. This will form part of the non-refundable part payment contract deposit.

Any balance of the full contract deposit must be paid by the successful bidder to iamsold within 48 hours of acceptance of their bid. The deposit balance can be paid by debit/credit card, or same day bank transfer to iamsold's client account.

All unsuccessful bidders will have their pre-authorisations released OR their bank transfer refunded within 5 working days of conclusion of an auction or withdrawal of the Lot from the Online Auction.

Bidders are required to pay a non-refundable €50.00 (including 23% VAT) registration fee per property they register to bid on.

 

Need More Information?

For further information or to speak to one of our team, please call 091 882 121.

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection, measurement or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. Properties may be sold via online auction or public auction and bids made prior to public auction may be accepted by the vendors. iamsold and our partner auctioneer will share relevant personal information and transactional updates with each other so that we can effectively market and sell properties including the arrangement of viewings and follow up.

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