BUSINESS DESCRIPTION
REDUCED Asking Price: 525,000 Euros Freehold
â?¢ Stunning Rural Location
â?¢ Formerly a Monastery Dating Back to 1865
â?¢ Beautifully Restored With Many Original Features
â?¢ Opportunity To Purchase Adjacent Building/Land
â?¢ Less than 20 Minutes To New International Airport
â?¢ Rapidly Developing Area
â?¢ Excellent Investment And Potential To Develop Further
Fantastic former Monastery lovingly restored and offering a first class dining experience. Lovely countryside location and with so much potential to develop by way of extending opening hours and with the possibility of purchasing adjacent property/land which could provide a much needed Guest House or small Hotel in this ever increasingly popular location. Excellent investment with 3 bed self contained owner/manager accommodation.
This really has to be seen â?? not only to appreciate a beautifully renovated Restaurant but to see the potential that exists to further develop a unique business. Dating back to 1865 and formerly a Monastery this business has seen almost 600,000 Euros spent on modernisation over the last 4 years by the current owners. The front terrace seats 150 easily and has a stage for live musical entertainment and offers 360 degree views of the rugged yet fabulous surrounding countryside and mountains, inside a further 18 within a separate smoking room. Self contained 3 en-suite bedrooms makes excellent Owner/Manager accommodation.
There is also an opportunity to purchase an adjacent building and/or land which lends itself to a Guest House or Hotel to accommodate the increasing numbers of Tourists/Golfers who come to play the numerous courses within a short drive. A new International Airport opens in less than 2 years and is just 15 minutes drive â?? buy this now and watch your investment grow.
The property comprises of side door leading onto self-catering accommodation which has 3 double en-suites, kitchen, living-room and office (most furniture to remain). A small courtyard provided the entrance to the Restaurant. When entering into the premises you will find a bar to the left-hand side with cellar behind. The dining is split into 3 areas with a total of 58 covers. There is also an additional smoking room with 18 covers. There is a Carvery and serving area adjacent to all dining areas. Large fully fitted commercial kitchen behind. Ladies and Gentâ??s and Disabled WCâ??s. There is a smaller courtyard behind Carvery area. Extensive terrace at front of Restaurant easily catering for 150 covers and a separate car park for 80 spaces. There is also the opportunity to purchase the adjacent building in need of restoration and/or building land large enough for approx 20 bed hotel. 3 Phase electricity supply throughout.