Property Overview:
Auction Location: Connacht Hotel, Dublin Rd, Galway
Auction Date & Time: Thursday, 14 May
AMV: 200,000.00



Property Description:
For Sale by Auction - Thursday 14th May 2015

Connacht Hotel, Dublin Rd, Galway

(By Public Auction - unless previously sold)

- Tenant Not Affected

- Income producing asset located on Main Street Loughrea

- Currently producing a total rental income of 41,512 per annum

- Neighbouring occupiers include Bank Of Ireland, Super Macs and An Post.


Location


The property for sale is located in the town of Loughrea, which itself is a large market town located in east County Galway.

More specifically the subject property is located on the north side of Main Street, approximately 20 metres east of its junction with Kelly's Street.

Loughrea is located approximately 35 km south east of Galway City on the northern shore of Lough Rea and is located at the junction of the N6, Old Dublin to Galway Road and the N66 National Secondary Route to Gort and Limerick. Loughrea is also accessible from the west and east of the country via the newly completed M6 Motorway.

The town has developed into a busy urban centre which provides an important market and commercial centre for the east and south of the county. Loughrea has a large residential base and is an established dormitory and commuter town for Galway City.

Loughrea is equipped with Next Generation Broadband an