Friday 23 February 2018

Pub with shops and unfinished apartments up for grabs

Carroll's pub
Carroll's pub
Peter Flanagan

Peter Flanagan

A PUB and apartments in Co Kilkenny have been put on the market with an asking price of close to €1million.

Carroll's public house is up for sale along with 16 apartments and six shops in Thomastown. The property is being sold as one, with an asking price of €975,000 for the entire lot.

Lisney and Property Partners Buggy have been retained as agents for the sale on the instructions of the receiver WK Nowlan Property.

The apartments are said to be all in good order but require furnishings and "some small work" in order for them to be let out.

Carroll's has not traded since 2012 but retains a full licence, which was recently renewed. It is understood that the fit out of the pub would allow it to start trading at relatively short notice.

The pub comprises a three-storey terraced house dating from 1900 and is a protected structure. The property is said to be "well presented", benefits from modern bathrooms and has separate access to the upper floors. The total floor area is 234.7 sq m.

The 16 apartments comprise two three-bedroom flats, nine two-bedroom dwellings, and five one-bedroom units.

According to Lisney's, they were "nearing completion" when work ceased.

The apartments do not have electrical appliances or floor finishes and have not been occupied. They are contained in three separate blocks and three of the apartments have been designated for social and affordable purposes.

Finally, the six retail units are said to be completed to shell condition.

The property is situated in an area zoned M2 under the Thomastown Local Area Plan 2009-2015.

Viewing can be arranged by contacting Ross Shorten of Lisney, or John Buggy of Property Partners Buggy.

Sunday Indo Business

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