Fancy owning your own pub? Local bar goes up for auction

written by Staff Writer November 4, 2022

Teach Ruarí in Gortahork is to go up for online auction.

Bids are beginning on 10th November at a guide price of €130,000.

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The property, located close to Falcarragh, comprises a ground-floor public house with residential accommodation overhead. Internally Teach Ruairi’s comprises a ground floor bar & lounge, function room, commercial kitchen and WC together with three bedroom residential accommodation overhead.

The listing, according to BidX1, outlines that the property is currently let to an individual trading as Teach Ruari for a term of 5 years and 9 months at a contractual rent of €150 per week or €7,800 per annum*. The lease provides for rent reviews every 9 months subject to a maximum rent of €200 per week or €10,400 per annum. *We have been advised by the receiver that no rent is being received.

See the bidding page at: https://bidx1.com/en/en-ie/auction/property/83147

 

 

 

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