Property Description

LOCATION
The Folk House enjoys a prime and vibrant town centre location in Kinsale, Co. Cork, one of Irelands most established coastal destinations. The property occupies a strategic position on Guardwell within the historic core of the town, and is highly accessible from Kinsale Harbour and the principal retail, hospitality and tourism thoroughfares, that make Kinsale a sought-after destination.
Kinsale is internationally recognised as a culinary, leisure and lifestyle destination, attracting strong year-round visitor footfall and benefiting from a robust local residential market.
Kinsale is situated approx. 30km south of Cork City and approx. 22km south of Cork International Airport. Kinsale is a commuter town for Cork City and it is also an important tourist and yachting destination with the renowned Kinsale Yacht Club and Old Head Gold Links located in the area. Kinsale town is situated in a picturesque waterfront location overlooking Kinsale Harbour and the mouth of the Bandon River with proximity to the wider Wild Atlantic Way.

DESCRIPTION
The property is contained in a terraced part two storey and part three storey, six bay building with extensive frontage on to Guardwell Street. The accommodation comprises a licensed bar / night club and ancillary accommodation at ground floor with 27 ensuite bedrooms across the first and second floors offering flexibility for a range of commercial or mixed-use purposes, subject to planning.
The property is being sold with the benefit of 7-Day Ordinary Publicans Licence.

DEVELOPMENT OPPORTUNITY
A feasibility study has been undertaken which indicates potential for future residential redevelopment of the property, subject to the necessary planning permissions being obtained. A number of development options have been prepared including the following indicative options:
• Option 1: 6 residential units comprising 4 house and 2 apartments
• Option 2: 10 residential units comprising 8 duplexes and 2 apartments
• Option 3: 9 residential units comprising 9 apartments
• Option 4: 10 units comprising 10 apartments
A further option has been prepared which seeks to retain the property in its existing use, while enhancing the overall internal layout and operational flow.
The study illustrates flexibility in unit mix and density, offering a range of potential development outcomes to suit varying market and investment strategies.
Further details of the feasibility study including layouts are available upon request.

BER Details

Energy Performance Indicator: 0.00 kWh/m2/yr

This property was last updated: 17 days ago