The Thatch, Bar & Kichen, Drogheda, Co. Louth
€1,500,000
Restaurant / Bar / Hotel For Sale20,290 sq. feet (1,885 sq. metres)
Rating:

Contact Name: John Ryan
Selling Agent:
BDM Property
PSR Licence Number: 003571
Email Agent Show NumberProperty Description
Both the bar and lounge bar are fitted out in a traditional style with feature fireplace and traditional bar fixtures and fittings. In addition, there are fully tiled and well presented customer toilets. To the rear of the ground floor is The Grange function room, a self-contained function room with a capacity of 100 people. To the front of the building is The Thatch Restaurant which is fitted out in a modern style with capacity for approximately 80 covers. Directly beside the restaurant is a fully fitted and equipped catering kitchen. The ground floor also contains a self contained retail unit currently vacant. On the first floor there are two function rooms, a serving kitchen area with a large dumbwaiter, along with stores, offices and a roof smoking area (accessed from the main function room). In the basement there is vast cellar area with a keg lift to a large cold room and multiple storage areas.
The entire property is presented in very good condition throughout. Outside, there is car parking for approximately 60 cars. To the front of the property there is the original Thatch licensed premises which dates to 1840 and which is a Protected Structure. The thatched roof of this building has been repaired and upgraded in recent years but the interior of the property requires refurbishment and is no longer in use as a pub.
The Thatch licensed premises occupies a commanding trading position on Donore Road, Drogheda, Co Louth. The extensive licensed premises is situated just a short distance from Junction 9 of the M1 Dublin to Belfast motorway and is just c.3 kms from the centre of Drogheda. The property is surrounded by both residential and commercial properties and is situated in an area which is earmarked for further considerable residential development.
Drogheda is a busy town located just c.43kms from Dublin with a population of 44,135 (Census, 2022). Because of its excellent road and rail access, Drogheda has become a commuter town and has witnessed considerable residential and commercial developments over the past decade. Vast swathes of land are earmarked for further developments which is likely to see the local population grow exponentially.
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This property was last updated: 5 days ago