Landmark Oughterard hotel for auction

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Property
Posted on 21/03/2012
by Staff reporter

Landmark hotel The Corrib Hotel has been placed up for sale by auctioneers O’Donnellan & Joyce with an Advised Minimum Value (AMV) of €250,000.  

 

The hotel is situated in the heart of Oughterard village, which is the gateway to Connemara, and located only 17 miles from Galway City. Oughterard nestles beside Lough Corrib, which is regarded as the ideal base of which to explore Connemara.  

 

The Corrib Hotel has long been synonymous with the village of Oughterard and is regarded as a landmark building within the area.  The property contains substantial accommodation with over 8,000 square feet of a building, comprised of bar which has a full hotel bar licence, restaurant, kitchen, function room and 18 bedrooms, all en-suite.  

 

The property is located on a substantial site of 1.25 acres and contains ample parking to the rear of the hotel with rear access. The rear of the property is largely undeveloped but has access off a secondary road with parking facilities and contains enormous development potential. The site area, which is zoned for designated town centre, has unlimited potential.

 

Oughterard down throughout the years has seen a rapidly major increase in local population and is now regarded as a satellite town of Galway City.

 

Colm O’Donnellan of O’Donnellan & Joyce Auctioneers outlined that this is a wonderful opportunity to acquire a landmark building situated in the village of Oughterard, which contains a substantial site to the rear and contains enormous development potential. The property contains an AMV of €250,000 and is sure to attract both local and national interest.

The property goes for auction (unless previously sold) on Friday 30 March at 3pm in the Victoria Hotel, Eyre Square, Galway. Full details from Colm O’Donnellan of O’Donnellan & Joyce, Mary Street, Galway on 091-564212 or 087-2887446.

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