Imperial Bar, Upper Carey's Road, Limerick City, Co. Limerick, V94R83P

SUBSTANTIAL PUB/LOUNGE/FUNCTION ROOM - FOR SALE SUBSTANTIAL FULLY-FITTED BAR AND LOUNGE OPPORTUNITY. OUTDOOR AREA TO REAR AND ACCOMMODATION ON FIRST FLOOR WHICH MAY BE SUITABLE FOR RESIDENCE. LOCATED MINUTES FROM LIMERICK CITY CENTRE, LIMERICK COLBERT TRAIN STATION, AND SURROUNDED BY RESIDENTIAL DEVELOPMENTS. The property is situated in Upper Carey's Road in Limerick City. Upper Carey's Road is located close to the proposed re-development of the Colbert Quarter by the Land Development Agency (LDA). This proposed development will consist of substantial commercial and residential units. The property is located within a 5 minute walk of Limerick city centre, with neighbouring occupiers to include Colbert Train and Bus Station, and numerous houses and residential estates. The property comprises of a substantial public house and bar, lounge, function room with rear beer garden/patio and overhead accommodation. The property is laid out having four distinct areas at ground floor level. The front bar comprises bar counter, tables, chairs and fireplace. Steps up to ladies & gents toilets. The second bar area comprises of a lounge complete with bar counter, tables, chairs, stools, pool table, fireplace and separate door from main street. The third section comprises of a substantial function room complete with tables, chairs, bar counter and steps up to ladies & gents toilets. The fourth section comprises of a large outdoor area complete with tables, chairs, bar stools, vented roof over section of the patio/yard. The bar and function room have direct access to the smoking area. The bar, lounge and function room have been fitted to a very high standard complete with bric-a-brac/ornaments/decorations/sports memorabilia etc. The overall setting is one of a very cosy bar and lounge with excellent event area in the rear function room. This function room is designed to cater for large parties/events. The property has been maintained very well throughout its years. The first floor accommodation comprises of a former 3-bedroomed apartment which is currently used for back of house storage and administration purposes. It may be possible (subject to any necessary planning permission), to repurpose this area for residential use. COMMENTARY This is an excellent opportunity to acquire a fully functioning and operational bar with very well established goodwill and trade. There is further improvements that can be made to the bar which may include conversion of upstairs to residential accommodation and/or a commercial kitchen to service the pub and lounge. The current owner has managed and worked in the subject bar for the past 35 years and is retiring from the business. GUIDE PRICE - Reduced reserve - 550,000 RATES - approx. '¬9,790 per year. TURNOVER/ACCOUNTS Details of turnover and trading accounts will be furnished on a personal enquiry basis.