FIVE Kerry properties were sold today at the Allsop Online Auction.
A building on Pembroke Street, a pub in Cahersiveen and three holiday homes in Banna were open to bidding on the Allsop Auction website from 8am on Thursday, November 3.
The two-storey premises on Pembroke Street, which has a fast food restaurant (Tasty Bite Grill) as a tenant, had a reserve of between €160,000 and €170,000.
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It’s a mid-terrace mixed building extending to approximately 157 sq. m (2,777 sq. ft). Internally the property provides a ground floor takeaway unit with a two bedroom apartment overhead. It went for €166,000.
The property was sold subject to and with the benefit of a lease in favour of the existing tenant in respect of the entire of the property. The lease is for a period of 25 years from February 13, 2014 and the current rent is €26,000 per annum plus €250.00 per month for the overhead apartment.
Three properties located in the grounds of Banna Beach Resort. No.5, No.8 and No.10 Sand Dune Cottages Banna were all for sale as separate lots at a reserve price of €45,000 – €55,000 each. The three bedroom detached houses extended to approximately 91 sq. m or 979 sq. ft, (No.5 is slightly bigger at 93 sq. m).
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N0.5 and No.8 went for €50,000 each but No.10 went for considerably more at €65,000.
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A pub in Cahersiveen also went to auction with a reserve range of €185,000 – €195,000.
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An Bonnan Buí, 11A West Main Street, is a public house and B&B extending to approximately 349 sq. m (3,756 sq. ft).
The property is arranged over ground and two upper floors to provide a mid terrace public house and B&B sold for €192,000. Internally the property comprises a public house and restaurant at ground floor level together a nine bedroom B&B overhead. A 7 Day Publican’s Licence attaches to the property.