Auction
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The Copper Beech House B&B, 26 College Road, Co. Galway, H91 TX37

  • Auction
  • Ireland
  • Hotel
  • Commercial

Guide Price €650,000

Bidder Security €20,000 *fully refundable if unsuccessful bidder
Auction Date 24 October
Bidding Opens 08:00 (GMT+1)
Bidding Closes To be Confirmed

Property Viewings

Please contact us to discuss viewings for this property.
Phone
+353 (0) 1 667 3388
Email
info@ie.bidx1.com
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Property Summary

  • A prime hospitality investment.
  • Comprising 15 x bedrooms.
  • Benefitting from off street parking to the front and a garden to the rear.
  • Prime Galway city location.
  • Extending to approximately 298 sq. m (3,207 sq. ft).
  • Lease expiry January 2046.
  • Total current rent reserved €50,000 per annum.
  • Gross Annual Yield 7.69%.

Contact Us

Robert Hefferon
Robert Hefferon
Property Agent, here to help.

Contact Us

Robert Hefferon
Robert Hefferon
Property Agent, here to help.

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Property description

The property is arranged over ground and two upper floors to provide a B&B. Internally the property comprises 13 x bedrooms with ensuite together with a kitchen and living/dining facilities 

The property is situated in the centre of Salthill. A picturesque seaside location, highly sought after for tourists year round with amenities such as Grattan Beach, Galway Golf Club and Mutton Island. Further amenities to include a host of popular bars, restaurants, cafes and shops can be found in nearby Eyre Square (2km) and Spanish Arches (1.5km)

Total floor area extending to approximately 298 sq. m (3,207 sq. ft).

All intending purchasers are advised to satisfy themselves as to the accuracy of the measurements provided.

Tenancy

The subject property is single let to an individual on a 28 year and 6 month FRI lease from August 2017 at an annual contracted rent of €60,000. The lease allows for 5 yearly CPI linked rent reviews. 

VAT

Please refer to Legal Documents

BER Rating

D1

BER Identification Number

109944413

Energy Performance Indicator

257.91 kWh/m2/yr

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*Terms & Conditions

No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.

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