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Burren Coast Road, Craggagh, Fanore, Co. Clare, H91 YFH6

€395,000 or €35,000 yearly
Restaurant / Bar / Hotel To Let or For Sale | 2,368 sq. feet (220 sq. metres)
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Overview

Property Overview:

  • Unit Price: €159.09 per sq. m (€14.78 per sq. ft) per year

Property Description:

Two commercial properties (Café/Restaurant & Retail) with land, extensive fixtures, fittings and equipment and spectacular sea views across to the Aran Islands.

Fully compliant with planning, building & fire regulations and registered & licensed with the HSE.

The restaurant unit seats 60 internally and 100+ externally with further expansion opportunity. Fully fitted HACCP approved GICO kitchen and separate preparation room.

The Deli & Adventure unit seats 15 to 20 and can be further expanded for hot food take-away/ off licence/ shop / craft food production, living quarters or art and craft gallery.

Excellent Location
The properties are located on the seaward side of the road on the Galway - Cliffs of Moher & Burren circuit routes, some of the very busiest tourist routes in Ireland. Thousands of cars and hundreds of tourist buses pass on this stretch of the Wild Atlantic Way each day. The tourist season is now nearly year round due to the proximity of the Cliffs, Galway and Doolin to Aran ferries. The property is also located beside one of Clare's finest blue flag beaches, top walking, fishing, climbing and cycling routes and a busy mobile home park and camp-site.

Included in sale
The sale includes land, fixtures, fittings, state of the art equipment and the premises is fully licensed for alcohol sales and registered & approved for weddings with the HSE.

Investment Potential
Property may be divided into two separate commercial entities under existing planning

Due to the structure of the sale the purchaser may benefit from
- Reduced 1% stamp duty charge as opposed to standard 6%
- No VAT payable on purchase
- Potential future sale opportunity at reduced 10% CGT rate

Opportunity for Businesses
The location and size of premises also provides a great opportunity for package holiday, tour bus or hotel businesses to extend an outpost to the Coast.

Daft Property Shortcode:

https://www.daft.ie/5922608

Date Entered/Renewed:

8/4/2020 (today, 48 minutes ago)

Property Views:

1,042
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Address:

Burren Coast Road, Craggagh

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Burren Coast Road, Craggagh, Fanore, Co. Clare