Lot 5304049, (1) Leasehold Interest For Sale - 3 Dominick Street Upper, Galway City Centre

Available From: Immediately Leasehold Interest For Sale - Restaurant/Cafe in Galway's Westend
Keane Mahony Smith are delighted to offer this newly fully-fitted out restaurant/cafe unit in the prime eatery location of of Galway's Westend.
Dominick Street represents the heart of Galway's Westend and is synonymous with thriving restaurants, bars and cafes.
The Dominick Street area has experienced continuously increasing popularity in recent years with some of the city's most popular eateries and pubs located here. Galway's Westend, along with the nearby Quay Street and Latin Quarter, represent the epicentre of Galway's hospitality industry and is the desired location for all restaurants, bars and cafes in Galway.
Neighbouring occupiers include the famous Monroe's Bar & Club, Roisin Dubh, Taylor's Bar & Beer Garden, John Keogh's Gastro Pub, and Oscars Seafood Restaurant, to name but a few.
The subject property comprises approx. 721 sq.ft at ground floor level fronting onto Dominick Street Upper. Internally, the unit includes a restaurant area with seating capacity for approx. 25 patrons, a fully-fitted kitchen of approx. 110 sq.ft along with WC, stores and rear yard. The property was recently renovated and fully-fitted out resulting in its excellent current condition and modern finishes.
The property is currently let on the following terms:
10 Years from 1st July 2019 at a rent of €20,800 per annum with a rent review at 1st July 2024.
The commercial rates for the unit are currently approx. €1,540 per annum.
The leasehold interest of this property is being offered for sale for €30,000 (or €60,000 to include the fit-out and kitchen equipment.)
The unit has planning permission for use as a 'sit-in' restaurant only with takeaway prohibited unless further planning permission is granted. The permitted operating hours are 9:30-23:00 Monday-Thursday, 9:30-00:00 Friday-Saturday and 10:30-23:00 on Sundays.
The property is available to view upon request.