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8 Market Square Portlaoise Co Laois
A Town Centre Public House Investment
For Sale via Private Treaty
Guide Price €400,000
Property Summary
• A Town Centre Public House Investment.
• Comprising Public House & Four Bedroom Apartment.
• Extending to Approximately 402 sq. m (4,331 sq. ft).
• Let to Bradpower Ltd T/A The Welcome Inn
• (Tenants not Affected).
• Current Rent Reserved €52,000 per annum
• Guide Price €400,000
Description
The property is arranged over basement, ground and two
upper floors to provide a mid-terrace public house extending
to a total of approximately 402 sq. m (4,331 sq. ft). Internally,
the public house is laid out as a traditional pub with male &
female bathrooms, storage rooms / space, keg room
(basement level) and alcohol storerooms. There is also a yard
to the rear of the property. The overhead apartment
comprises four bedrooms, a bathroom, a living area and
kitchen. NB: For the avoidance of doubt Mezza Pizza is not
included within the sale. Contents, fixtures and fittings are
owned by the tenant and are not included in the sale.
Tenancy
The entire property is currently occupied by individuals T/A
Welcome Inn under a 364 day IRI lease dated 17th May 2005
(presently overholding), the contractual rent is €1,000 per
week exclusive of rates & VAT (€52,000 p.a. equivalent).
BER
BER No. Available from Artis
EPI: 782.13 kWh/m²/yr 1.29 - 439.26 kWh/m²/yr
Location
The county town of Portlaoise comprises a population of
approximately 22,000 people (Census 2016). The property
is situated to the eastern side of Market Square, within the
heart of Portlaoise town centre. The Square provides an
ideal nightclub situation with numerous bookmakers, fast
food restaurants and public houses such as Boyle Sports,
The Square Bar and Mezza Pizza, Coppers, & Maggie
May's.
Richard O’Neill
Please Note: The particulars of sale and brochure have been prepared by Artis Property Management Ltd on behalf of the Vendor. The content within the sales particulars, and any advertisements produced by third parties are for guidance purposes only, as such Artis is not held liable for any inaccuracies. You should note that maps are not to scale, and any figures quoted such as but not limited to measurements, distances, rents paid/payable, and dimensions are approximate, and are quoted on the understanding that you will undertake your own due diligence to verify such matters. For the avoidance of doubt, this brochure and any related marketing materials will not form part of any Contract for Sale. All Guide and Sale Prices quoted are exclusive of VAT unless otherwise stated. In the event that the subject property is listed for sale via auction, then the sale is as scheduled, unless sold prior or otherwise withdrawn. The scheduled auction date and time may be subject to change. PSRA Licence Number: 004063
W: artisrealestate.ie E: [email protected] T: 01 437 6891 S: @artisrealestate A: 4 Pembroke Street Upper, Dublin 2
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Contact Details
01 437 6891
artisrealestate.ie
David Scully