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COMMERCIAL

Ballina, Mayo, Ireland

Guide Price
£653,906
€775,000
IAM Sold, Galway
PROPERTY TYPE

Bar / Nightclub

SIZE

4,500 sq ft

418 sq m

Description

For sale by Barry Auctioneers & Valuers via the iamsold Bidding Platform.


Please note this property will be offered by online auction (unless sold prior). For auction date and time please visit iamsold.ie. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.

The former Central Hotel in Ballina is now up for sale. The property comprises of a ground floor premises, which was trading as the Broken Jug until October of last year, is in turnkey condition, while over the on the top two floor there is 22, currently derelict bedrooms.

Ideally located in Ballina's main business streets at top of town beside the iconic Post Office building.

The Broken Jug first opened its famous big oak doors in July 1995 where a very successful bar and food operation was established. It is one of the largest hospitality premises in the region with a size of circa 4,500 square feet.

There are three different entrances to the premises from 3 different streets, including a direct entry from Ballina's main town centre commercial car park that has the recently opened Aldi as its main anchor supermarket. While across the street is one of 2 Lidl supermarkets in the town so the Broken Jug is an ideal location for shoppers to take a break.

Indeed, the break could include and overnight or weekend stay as the Premises (Pre the Broken Jug) also housed the formal Central Hotel in Ballina. There are two floors of extra bedrooms on site in the premises which means the premises has the excellent potential to be developed into a Boutique Hotel or perhaps short-term rental apartments that would complement the turnkey bar and restaurant.

Ballina is a stunning location in North Mayo along the Wild Atlantic way that attracts more and more visitors every year and in 2023 Ballina will celebrate its 300th birthday since the formal establishment of the town which will bring a year long programme of celebratory events that will "honour the past, celebrate the present and inspire hope for the future". The river Moy just a stone's throw away is home to Salmon fishing and draws visitors from the UK and afar. Recently, The US President, Joe Biden visited the town again, and his speeches will live long in the memory of all the locals. With that will bring more tourism, particularly from the US and all this should boost the local economy even more.

Features
Superb location in the heart of Ballina town. Well established & popular venue.
Turnkey Condition
Upstairs accommodation.
Very spacious.
Superb corner property in town centre with large footfall.
Well established and popular venue.
Has huge potential for development as Boutique Hotel.
Ideally situated for Ballina 300 year celebrations and activities.

TO VIEW OR MAKE A BID Contact Barry Auctioneers & Valuers or iamsold,
Auctioneers 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.

Note:
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 firm's employment has the authority to make or give any representation or warranty in respect of the property. Properties may be sold via online auction auction and bids made prior the 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.

Ballina, Mayo, Ireland

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Knock(International)
    20.0 miles
  • Sligo(Local)
    25.4 miles
  • Galway(International)
    57.1 miles
  • Connemara(Local)
    62.2 miles
  • Connemara(Local)
    62.3 miles
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About the agent

IAM Sold, Galway

First Floor 16A Liosbaun Business Park Tuam Road Galway City

IAM Sold, Galway

IAM Sold are a progressive and hardworking auction group who aim to sell properties quickly, securely and at fair market value. We work in partnership with local estate agents to offer an auction solution with exceptional local and national exposure. We are continuously offering properties for sale via our online auction across Ireland, Northern Ireland and the UK.

For sellers, we offer fantastic exposure locally, nationally and internationally. Our service provides a secure route to sa

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Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by IAM Sold, Galway (reference Ballina) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call IAM Sold, Galway on 020 3835 6484.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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