Property Description

A RENOWNED LICENSED VENUE WITH ACCOMMODATION AND DEVELOPMENT POTENTIAL
IN A PRIME VILLAGE SETTING



Smith Property proudly present The Carraig Springs, a long-established and landmark hospitality destination, offered for sale by private treaty. This is a rare opportunity to acquire a fully licensed, turnkey hospitality business occupying a substantial site in the heart of Crosskeys Village. Combining extensive trading areas, on-site accommodation, and a deeply rooted community presence, The Carraig Springs offers an exceptional operational platform with clear scope for enhancement and future development.



A Legacy Venue at the Heart of the Community


The Carraig Springs has been a central feature of social and community life in the region for many years and is widely regarded as one of the best-known venues in the wider Crosskeys, Ballyjamesduff, and Cavan Town catchment. The property has hosted generations of patrons for weddings, family celebrations, live music, social gatherings, and milestone events. Its reputation as a welcoming, well-run venue with character and scale gives it enduring appeal and a strong trading profile.



As a licensed premises with accommodation, the property occupies a unique position within the local hospitality market and continues to play a vital role in both village and regional life.



Extensive Licensed Premises and Guest Accommodation


The property is substantial in scale and fully certified, comprising:


- A traditional public bar with character and strong local trade
-

A lounge bar suitable for larger groups and everyday service


- A large function room/nightclub venue, ideal for weddings, concerts, parties, and private events
-

A fully equipped commercial kitchen servicing both bar and function trade


- 16 ensuite guest bedrooms to the rear, finished to a high standard and ready for immediate use



This combination of licensed trading areas and on-site accommodation makes The Carraig Springs one of the most versatile hospitality offerings in County Cavan, capable of supporting multiple income streams.



Prime 1.5-Acre Site with Parking and Development Upside


Set on approximately 1.5 acres, the property benefits from extensive private parking to the rear, together with additional off-street parking to the front. The generous site area provides flexibility for outdoor hospitality use, service access, and potential future development (subject to planning permission).

Its prominent village-centre position, combined with ease of access to both Cavan Town and Ballyjamesduff, underpins strong and sustainable trading fundamentals.



Strategic Location Gateway Between Cavan, Dublin & Belfast


Located in the centre of Crosskeys Village, The Carraig Springs enjoys excellent regional connectivity. The property is within a short drive of Cavan Town and is approximately 90 minutes from both Dublin and Belfast, making it accessible for local, regional, and destination trade, including events and overnight stays.



Planning Status, Section 5 Certainty & Key Advantages


The Carraig Springs benefits from a long-established and lawful planning use as a licensed premises with guest accommodation. This recognised use significantly reduces planning risk for an incoming purchaser and provides a strong foundation for continued operation.



Importantly, under Section 5 of the Planning and Development Act 2000 (as amended), a purchaser has the ability to seek a formal declaration from the local planning authority to determine whether proposed works constitute development and whether such works are exempt from the requirement for planning permission.



Key Planning Benefits:


Reduced Planning Risk due to established and proven use


Legal Certainty through the availability of Section 5 declarations prior to undertaking works


Operational Flexibility, with scope for refurbishment and internal reconfiguration subject to exemption criteria


Clear Development Pathway, allowing informed decisions on extensions or changes before capital commitment


Enhanced Investment Appeal, supporting financeability, resale value, and long-term adaptability



The village-centre location, scale of the site, and alignment with national and local planning policy supporting rural regeneration and tourism further strengthen the long-term planning fundamentals of the property (subject to planning permission).



Multiple Future Uses and Opportunities


While fully operational as a licensed premises with accommodation, the property`s size, layout, and location offer flexibility for a variety of future uses, including:
-

A destination bar and restaurant with rooms


- A wedding and events venue with overnight accommodation


- A boutique guesthouse or small hotel with entertainment facilities
-

A mixed-use commercial venture incorporating hospitality, leisure, or ancillary retail elements



An Exceptional Investment Opportunity


With its established reputation, strong trading potential, substantial site, and favourable planning fundamentals, The Carraig Springs represents one of the most compelling hospitality and development opportunities to come to the market in County Cavan. It will appeal equally to owner-operators, investors, and purchasers seeking a high-quality asset with immediate income and long-term upside.



Enquiries & Confidential Viewings


For further information, floorplans, or to arrange a private and confidential viewing,
Smith Property



Sale by private treaty serious enquiries only.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

BER Details

BER No. 801106873

Energy Performance Indicator: 982.11 kWh/m2/yr

This property was last updated: 199 days ago