Rafterys Bar & Lounge, Main Street, Craughwell, Co. Galway

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€1,000,000

Investment Property For Sale
6,000 sq. feet (557 sq. metres)

Rating:

Contact Name: Ryan Hanly

Selling Agent: HPS Real Estate

PSR Licence Number: 004782

Email Agent Call 091 865 357
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Property Description

HPS Real Estate are delighted to present to the market this landmark licensed premises in Craughwell, Co. Galway.

Raftery's Bar & Lounge, situated in the heart of Craughwell village, is an extensive licensed premises comprising the main building of approx. 6,000 sq. ft. together with an adjoining building of 1,532.44 sq. ft. (currently let under a commercial lease).

Note: All measurements are approximate and subject to confirmation by an engineer.

The main building comprises a traditional bar and lounge, a fully equipped commercial kitchen, smoking area, toilets, ample storage, and staff facilities. Overhead, there is generous residential accommodation extending to six bedrooms.

The premises is being sold as is, with all contents included. This features a full restaurant fit-out, a fully operational commercial kitchen, and all associated fixtures and fittings. Importantly, the publican's licence has been maintained and remains active, ensuring the buyer can immediately recommence trading.

Adjoining the main premises is a 1,532.44 sq. ft. commercial building currently let under a lease, generating immediate rental income. To the rear, the property includes a number of stone-built outbuildings, a large gravel car park, and an adjoining garden, all offering clear redevelopment potential.

The site enjoys full road frontage to both the front and rear, with a private roadway connecting them along the side of the property. The entire property has been kept fully up to date with current requirements.

With part of the property already producing income, the hospitality space in near turnkey condition, overhead accommodation available, and a large village-centre site with future development options, this is an exceptional opportunity. Notably, Raftery's Bar & Lounge enjoyed strong turnover prior to its recent closure.

Craughwell is a thriving and fast-growing village in south Co. Galway, benefiting from its strategic location and excellent connectivity:

Galway City - approx. 25 minutes' drive via the M6 motorway.

Oranmore - just 15 minutes away, a major commuter hub with rail links to Dublin.

Loughrea - approx. 10 minutes, offering a full range of retail and service amenities.

Athenry - approx. 12 minutes, where a major new advanced manufacturing facility is currently under development, set to bring significant employment and economic growth to the area.

Craughwell itself is well served by shops, schools, sports facilities, and a train station on the Galway-Limerick line, making it highly accessible for both locals and visitors.

Key Features

- Landmark licensed premises in the centre of Craughwell village

- Adjoining commercial building extending to 1,532.44 sq. ft., currently let and income producing

- Publican's licence maintained and fully active

- Property sold as is with all contents included

- Full restaurant fit-out and fully operational commercial kitchen in place

- Overhead residential accommodation with six bedrooms

- Stone-built outbuildings, large gravel car park, and garden with redevelopment potential

- Near turnkey condition with proven historic turnover

- Fully up to date with all current requirements

- Excellent location close to Galway City, Oranmore, Loughrea, and Athenry

For further property particulars, please contact Ryan Hanly, Managing Director, HPS Real Estate.

BER Details

Energy Performance Indicator: 0.00 kWh/m2/yr

This property was last updated: today, 12 hours ago


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Selling Agent

HPS Real Estate
HPS Real Estate 24 Lakeview, Claregalway Corporate Park, Co.Galway H91 HX56

Contact Name: Ryan Hanly

PSR Licence Number: 004782

Call 091 865 357
This Investment Property For Sale located at Rafterys Bar & Lounge, Main Street, Craughwell, Co. Galway is currently for sale. This property was last updated by HPS Real Estate today. Rafterys Bar & Lounge, Main Street, Craughwell, Co. Galway is priced as: €1,000,000 and has 6,000 sq. feet (557 sq. metres). View all properties for sale in Craughwell, Co. Galway. View investment property for sale in Craughwell, Co. Galway.
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Rafterys Bar & Lounge, Main Street, Craughwell, Co. Galway