Residential Bar & Lounge

For Sale by Auction
On the 25th September 2014 at 3pm in the Longford Arms Hotel (unless previously Sold)
As per Instructions of Gerry & Mary McGowan who are retiring from the business.


Situated along the Main Street of Newtownforbes, which is also the N4 Dublin Sligo Road. This is a thriving pub business with the benefit of superb residential accommodation at the heart of this village community. Newtownforbes is located 8 Km North West of Longford Town. It is a rapidly expanding town, partly due to its strategic location, being in close proximity to Longford Town, as well as on the main N4 Dublin - Sligo route. The village is a popular residential location for many people working in Longford Town.

McGowans pub was originally established in 1906 and is trading profitably with a clear 7 day licence. With the large total site area of c. 1/3 acre, there is room for further expansion of the business. The property has been well maintained and renovated several times with a total gross internal floor area of c. 320 Sq. meters (c. 3,453 Sq.Ft.). To the rear of the pub is an enclosed yard & garden with a covered seating and smoking area. There is also a garage and stock storeroom of c. 500 Sq.Ft. and a general store of 352 Sq.Ft. which contains two large 300 gallon water tanks. One tank is fed by Roof rainwater and serves the Lounge toilets. The other tank is a Mains water fed reserve tank, both have and electric pump.

SERVICES: Mains Water & Sewerage, Zoned Oil fired central heating.

RATES: RV of 28.99 at Longford Council rate of 63.35 = 1,836.51 for the year 2014



ACCOMMODATION:

- Bar / snug 7.8m x 4.7m c. 395 Sq.Ft. with original bar, counter & shelving
- Lounge 8.7m x 6.3m c. 590 Sq.Ft. , known as the Olde mill, with timber and tiled flooring, modern fitted ba