Gastro Bar & Restaurant, Main Street, Glenties

Commercial PropertyContract Deposit Applies
Starting Price* 270,000

Bidding available from
16th May 2024 11:00
until
16th May 2024 11:30

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  • Overview
  • Particulars
  • Request Details
  • Agent Details
  • Deposit & Charges Explained

Property Overview

For sale by McCahill McNelis Auctioneers 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.

We are delighted to offer to the market The Thatch Bar & Restaurant in the "Tidy Town" of Glenties. This pivotal building is ideally location in the heart of the Village and is a very famous premises within the Town.

Additionally there is a yard area to the rear of the property with independent access from the Main Street. Yard Area: 15 m x 6 m.

Historically the O’Donnell family ran a busy bar and accommodation business for many years. In more recent years the premises has been beautifully refurbished making The Thatch Bar a top class restaurant and Gastro bar.

The true potential of this premises is untold and given the location (directly opposite the Highlands Hotel) there is an excellent opportunity here for an aspiring business owner.

BER C2 / BER No: 800731655

TO VIEW OR MAKE A BID Contact McCahill McNelis Auctioneers or iamsold, www.iamsold.ie

Starting Bid and Reserve Price

*Please note all properties are subject to a starting bids price and an undisclosed reserve. Both the starting bid and reserve price may be subject to change. Terms and conditions apply to the auction, which is powered by IAM Sold Property Auctions.

Auctioneer's 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.

Building Energy Rating (BERs)

Building Energy Ratings (BERs) give information on how to make your property more energy efficient and reduce your energy costs. All properties bought, sold or rented require an BER. BERs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your property could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All properties are measured using the same calculations, so you can compare the energy efficiency of different properties.

DOWNSTAIRS

Bar
15 m x 10 m

Bar Store
6 m x 6 m

Lower Dining Area
10 m x 10 m

Upper Lounge
9 m x 5 m

Ladies Toilets
4 m x 3m

Gents Toilets
4 m x 3m

Disabled Toilet
4 m x 4m

UPSTAIRS

Lounge
20 m x 6 m
(includes Service Bar)

Kitchen
10 m x 8 m

Kitchen Store
14 m x 4 m

Upstairs Toilets

Request full details for this property

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McCahill McNelis Auctioneers

Local Branch: Westend House, Ardara, DONE GAL
Head Office: Westend House, Ardara, DONE GAL

Deposit & Charges Explained

Gastro Bar & Restaurant, Glenties, F94C3CD

Online Auctions

A non-refundable contract deposit of 10% (minimum deposit of €6,500.00) is required to be paid by the successful bidder for this property.

A Bidder Security Deposit of €4,500.00 is required to be pre-authorised from the bidders debit or credit card through the payment facilities on the auction website when registering to bid. A bidder has also the option of transferring the minimum deposit amount by bank transfer to iamsold's client account to authorise them to bid on the Online Auction (please note, this option may take several days).

The pre-authorisation amount will only be captured from the successful bidder on acceptance of their bid. This will form part of the non-refundable part payment contract deposit.

Any balance of the full contract deposit must be paid by the successful bidder to iamsold within 48 hours of acceptance of their bid. The deposit balance can be paid by debit/credit card, or same day bank transfer to iamsold's client account.

All unsuccessful bidders will have their pre-authorisations released OR their bank transfer refunded within 5 working days of conclusion of an auction or withdrawal of the Lot from the Online Auction.

Bidders are required to pay a non-refundable €50.00 (including 23% VAT) registration fee per property they register to bid on.

 

Need More Information?

For further information or to speak to one of our team, please call 01 244 0000.

Disclaimer

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 firms employment has the authority to make or give any representation or warranty in respect of the property. Properties may be sold via online auction or public auction and bids made prior to public auction may be accepted by the vendors. IAM Sold 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.

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