***Sale or Lease considered***
Two Commercial properties (Caf/Restaurant & Retail) with land, extensive fixtures and fittings and unrivalled sea views on one of the busiest stretches of the Wild Atlantic Way.
Fantastic opportunity for significant extension of opening hours, customer base, product lines and turnover.
High Demand Location
Have you ever dreamt of changing your lifestyle or owning your own restaurant? If so, then perhaps a fairytale opportunity might just have appeared.
A profitable multi-award winning hospitality business & properties with magnificent sea views on probably the busiest stretch of the Wild Atlantic Way has just been placed on the market. With a 25% - 35% increase in tourist numbers over the last two years and with thousands of cars and over 200 tourist buses passing the building each day between February and November the owners have decided to put the property on the market as they cannot devote the time required to the business due to the expansion of their other commitments.
The owners have happily run the business for over 10 years after undertaking a career change from the world of finance and feel the business should be capitalising further on the very strong demand in the area but this is something they are unable to commit the time to.
Longest Tourist Season on the Wild Atlantic Way
The tourist season is now nearly year round on this stretch of the Coast due to the proximity of the Cliffs, Galway and Doolin to Aran ferries. Footfall continues to increase as people seek to spend more time in nature and with it's location beside one of Clare's finest blue flag beaches, top walking, fishing, climbing and cycling routes and a busy mobile home park and camp-site the property is ideally located to benefit.
There is very strong demand for commercial properties along the busiest sections of the Wild Atlantic Way at the moment from both investors and entrepreneurs with almost no supply on the seashore currently available in Kerry, Clare, Galway or Mayo. The property is located facing the sea directly on the Galway - Cliffs of Moher & Burren circuit routes - one of the busiest tourist routes in Ireland.
The multi-award winning restaurant has been in operation for over 10 years, trading well through the recession.
Included with Premises
The sale includes land, goodwill, fixtures, fittings, state of the art equipment, stock and adaptable website and the premises is fully licensed for alcohol sales and registered & approved for weddings with the HSE.
Property may be divided into two separate commercial entities under existing planning
Due to structure of sale the purchaser will benefit from
- Reduced 1% stamp duty charge as opposed to standard 6%
- No VAT payable on purchase
- Potential future sale opportunity at reduced 10% CGT rate
Profitable and multi-award winning restaurant & deli in operation for 10 years
Restaurant unit seats 45-60 internally and 80+ externally with expansion opportunity
Deli & Adventure unit can be further expanded for hot food take-away/ off licence/ shop / living quarters and art and craft gallery
Fully fitted HACCP Approved GICO kitchen and separate preparation room
Includes fixtures, fittings, state of the art equipment, stock and adaptable website
Full planning, building and fire compliance certification
Licensed for alcohol sales and registered & approved for weddings with HSE
Opportunity for Businesses
The location and size of premises also provides a great opportunity for package holiday, tour bus or hotel businesses to extend an outpost to the Coast.
***Reluctant sale due to current owners' expansion of other business commitments***