The former Ritz Cinema in Killybegs has gone on the market with an asking price of just under €1 million.
Situated on the Main Street, the picture house was first opened on March 17, 1947 (St. Patrick’s Day) by Barry & Shortt and had 300 seats.
It was still operating as a cinema up until 1971.
However, it has since been converted into budget accommodation, also called The Ritz.
It is now a 12 bedroom guesthouse with two commercial units and two townhouses with ‘a fantastic reputation and favourable annual turnover’, according to the selling agents, Edel Quinn Properties.
The Ritz is a combination of a modern, state-of-the-art 12 bedroom en suite building over three floors.
It consists of accommodation on the first and second floor along with a generous sitting room, office area, large commercial kitchen and dining room which seats 30 people.
The ground floor houses two commercial units which are fully leased.
The residential element is a six bedroom house over first and second floor level, currently used as a residential dwelling.
The other semi-detached first and second floor unit is divided into five bedrooms, three shower rooms and a general sitting/living area which is leased on a room-by-room basis.
For further information, contact www.edelquinn.ie
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