For sale by Gerry Rowland Auctioneer via the iamsold Bidding Platform
Huge Investment Opportunity, with potential for further development in the village of Bonniconlon.
This investment property known as "The River Inn" (Seven Day fully licenced premises) is situated in the heart of Bonniconlon village, nestled under the Ox mountain range on the North Mayo/South Sligo border on the Western Way Walks with its unique views, approximately 5.5 miles from Ballina town.
Approximately 15 minute drive to Enniscrone and 35 minute drive to Knock Airport.
The property consists of: Shop area to the front with entrance to the public house, bar and lounge area (with solid fuel stove), also pool room and darts area with double doors leading into a function/meeting room and storage area; Ladies and Gents toilets (recently refurbished), cold room, store room and smoking area.
In addition to the public house, there is a funeral home which consists of the main funeral parlour, large seating area and ample car parking facilities together with numerous storage and multipurpose sheds to the rear of the property.
The property comes to market with a large accommodation area on the first and second floor which is in need of renovation.
The first floor accommodation consists of: Office space, four bedrooms, bathroom, two
separate toilets and large open plan area. The second floor consists of two bedrooms.
Huge Investment Opportunity, with potential for further development
BER D1 / BER No. BER No: 800196198
TO VIEW OR MAKE A BID Contact Gerry Rowland Auctioneer or iamsold, www.iamsold.ie
*Please note all properties are subject to a starting bids price and an undisclosed reserve. Both the starting bid and reserve price may be subject to change. Terms and conditions apply to the auction, which is powered by IAM Sold Property Auctions.
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 Ratings (BERs) give information on how to make your property more energy efficient and reduce your energy costs. All properties bought, sold or rented require an BER. BERs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your 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.
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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 €4,500.00 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.
For further information or to speak to one of our team, please call 091 882 121.
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. IAM Sold 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.