Bride Street, Loughrea, Co. Galway, H62E098

For Sale by Private Treaty O€TMeas Hotel, Bride St., Loughrea, Co.Galway H62E098 Rare opportunity to acquire an established family run hotel located in the heart of Loughrea Town. A meeting place for locals and tourists alike O€TMeas has been the commercial and social centre of this thriving east Galway Town since the O€TMea family first acquired the hotel in 1902. A large function room with a capacity of 525 people was added to the hotel in 1982, two further extensions were added between 1997 & 2000 to increase bed capacity. The hotel now boasts 35 modern ensuite bedrooms all in pristine condition. The hotel has a full bar and nightclub licence. The nightclub and bar had been trading up until early 2020 but closed due to Covid restrictions. Large car park to rear with secure access. On large 0.56ha (1.38 acres) site with obvious development potential. Area is zoned town centre. Loughrea is a medieval town founded in 1236 by Richard de Burgo on the shores of Loughrea Lake. The remains of the town wall, priory, moat and a town gate are all still to be seen and indeed the town moat forms the boundary to one side of the hotel. Loughrea lake while offering excellent fishing also has one of Irelands few fresh water Blue Flag swimming areas at Long Point. There are numerous equestrian centres, golf courses and forest trails within easy driving distance of Loughrea. Loughrea is an ideal location to base oneself to explore Galway or the Burren. Dublin airport is 1h45 mins away, Shannon Airport is 50 mins, Athlone is 40 mins and only 30mins to Galway City Accommodation Entrance foyer/reception. Diningroom. Kitchen & associated stores. Meeting room. Residents lounge. Public bar. Function room and back bar with toilets, cloakroom and stores. 35 ensuite bedrooms over three floors. Managers office. Lift. Full bar and nightclub licence Large carpark to rear. Outside stores and laundry room. BER : Exempt. Full details from Auctioneer. AMV POA