8 Market Square Portlaoise Co Laois

A Town Centre Public House Investment

For Sale via Private Treaty

Guide Price €400,000

Property Summary

• A Town Centre Public House Investment.

• Comprising Public House & Four Bedroom Apartment.

• Extending to Approximately 402 sq. m (4,331 sq. ft).

• Let to Bradpower Ltd T/A The Welcome Inn

• (Tenants not Affected).

• Current Rent Reserved €52,000 per annum

• Guide Price €400,000

Description

The property is arranged over basement, ground and two

upper floors to provide a mid-terrace public house extending

to a total of approximately 402 sq. m (4,331 sq. ft). Internally,

the public house is laid out as a traditional pub with male &

female bathrooms, storage rooms / space, keg room

(basement level) and alcohol storerooms. There is also a yard

to the rear of the property. The overhead apartment

comprises four bedrooms, a bathroom, a living area and

kitchen. NB: For the avoidance of doubt Mezza Pizza is not

included within the sale. Contents, fixtures and fittings are

owned by the tenant and are not included in the sale.

Tenancy

The entire property is currently occupied by individuals T/A

Welcome Inn under a 364 day IRI lease dated 17th May 2005

(presently overholding), the contractual rent is €1,000 per

week exclusive of rates & VAT (€52,000 p.a. equivalent).

BER

BER No. Available from Artis

EPI: 782.13 kWh/m²/yr 1.29 - 439.26 kWh/m²/yr

Location

The county town of Portlaoise comprises a population of

approximately 22,000 people (Census 2016). The property

is situated to the eastern side of Market Square, within the

heart of Portlaoise town centre. The Square provides an

ideal nightclub situation with numerous bookmakers, fast

food restaurants and public houses such as Boyle Sports,

The Square Bar and Mezza Pizza, Coppers, & Maggie

May's.

Richard O’Neill

richard.oneill@artisrealestate.ie

Please Note: The particulars of sale and brochure have been prepared by Artis Property Management Ltd on behalf of the Vendor. The content within the sales particulars, and any advertisements produced by third parties are for guidance purposes only, as such Artis is not held liable for any inaccuracies. You should note that maps are not to scale, and any figures quoted such as but not limited to measurements, distances, rents paid/payable, and dimensions are approximate, and are quoted on the understanding that you will undertake your own due diligence to verify such matters. For the avoidance of doubt, this brochure and any related marketing materials will not form part of any Contract for Sale. All Guide and Sale Prices quoted are exclusive of VAT unless otherwise stated. In the event that the subject property is listed for sale via auction, then the sale is as scheduled, unless sold prior or otherwise withdrawn. The scheduled auction date and time may be subject to change. PSRA Licence Number: 004063

W: artisrealestate.ie E: hello@artisrealestate.ie T: 01 437 6891 S: @artisrealestate A: 4 Pembroke Street Upper, Dublin 2

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Contact Details

01 437 6891

hello@artisrealestate.ie

artisrealestate.ie

David Scully

david.scully@artisrealestate.ie