Property Overview:
Auction Location: Connacht Hotel, Dublin Rd, Galway
Auction Date & Time: Thursday, 14 May
AMV: 300,000.00



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

Connacht Hotel, Dublin Rd, Galway

(By Public Auction - unless previously sold)


- Income producing filling station and tyre centre located 1km from the Loughrea town centre

- Situated on a larger corner site extending to circa 0.86 acres

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

- Tenants not affected


Location


The property for sale is located approximately 1km west of Main Street 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 the Athenry Road, approximately 0.8km east of its junction with the Caherlavine Roundabout and 0.8km west of its junction with Dunkellin Street. The surrounding area is a mix of commercial and residential use. Neighbouring occupiers include Loughrea Shopping Centre anchored by Super Valu and ALDI, and The Loughrea Hotel.

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.