Blackwater hotel on market
Published 12/11/2016 | 00:00
A well-known boutique hotel, restaurant and adjoining premises is on the market for €950,000.
Cushman and Wakefield, the commercial partner of Sherry Fitzgerald, has the Blackwater Lodge Hotel on offer, with significant rental income circa €80,000 from adjoining property along with a beauty salon, creche and offices.
The entire premises comprise the boutique hotel, incorporating lounge, bar, function room, 12 en-suite bedrooms together with substantial adjoining supermarket currently held under a 20-year lease, (tenant not affected) along with units leased to crèche, hairdressers and offices, all laid out in one block with extensive car parking to rear and standing on 1.38-acre site.
The auctioneers says the property occupies a high-profile position in the heart of the village on the banks of the River Blackwater and offers an opportunity to take on an established business as a going concern, with a substantial rental income.
The premises was built in the late '90s. The supermarket is currently leased under a 20-year lease and extends to 6,759 sq. ft. incorporating spacious supermarket and stores, with substantial car parking and hairdressing salon.