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Holiday village by the sea for sale at €700k

IT could be the dream purchase for any Dubliner – a Brittas Bay pub, accommodation and land all for sale under €700k.

McDaniel's Pub, a popular summer retreat for many from the city, is one of the most- viewed lots going under the hammer in the Allsop auction.

The sale includes a pub, 16 chalets and 18.75 acres overlooking sea at the picturesque Wicklow resort.

Allsop's Robert Hoban said that there have been significant views from investors from the capital and across the water.

"There has been lots of activity with this lot in particular," he told the Herald.

"You have to remember how many Irish are living over in the UK and there are a lot of people who would be in certain industries that are interested in buying."

The 9,000 ft pub, restaurant and 10-bedroom accommodation comes complete with a holiday village of 16 chalets and land overlooking sea.

The lot is marked with a reserve range of between €625,000 and €675,000.

Mr Hoban said that this auction of distressed properties counts the largest number of houses in Dublin.

"The gatelodge in Clontarf has a reserve of €85,000 and it is sold with a tenant paying rent, so a new owner could collect rent if they didn't want to live in it themselves," he said.

GYM

"It is an attractive gatelodge that once belonged to a big old house and we have had huge interest in it."

And he said that the Riverside Suites Hotel in Sligo has also recorded notable interest.

The property has a reserve of €145,000 and Mr Hoban anticipates that a buyer may consider changing the purpose of the building from an 'apart-hotel' into apartments.

"A lot of eyes are on the hotel in Sligo – it is like suites that are serviced with a bar and reception area, gym and everything," Mr Hoban said.

The May Allsop auction is taking place in the Shelbourne Hotel today with 125 lots at a total reserve of €16.3m reserves.

It features the largest number of housing stock to date and the largest value commercial offering – reaching €10m in reserves.

clairemurphy@herald.ie


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