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Nine Cavan properties to go under the hammer

Monday, 9th July, 2018 5:57pm

Nine Cavan properties to go under the hammer

O’Reillys shop and filling station in Lough Gowna is on the market with bids of over €270,000 invited.

A hotel, a filling station and a B&B are among nine Cavan lots set to go under the hammer next week at the final Summer public auction hosted by the Leinster Property Auction team. The sale will get underway at 7pm next Wednesday, July 18, in The Clayton Hotel, Liffey Valley, Dublin. 
Patrick Folan, director, said the team has a large selection of properties from throughout the province, as well as Co Cavan, going under the hammer next week. “We are experiencing strong enquiry and viewing levels on the majority of available lots. The auction event will offer a good mix of realistically priced family homes and residential and commercial investment properties. Viewings are still available on all properties, please contact the auction team to arrange at the earliest opportunity,” he advised.

Lough Sheelin Guesthouse, Mountnugent
Also on the books is a five-bed dormer bungalow on the shores of Lough Sheelin in Mountnugent. It’s offered at bids over €199,000 in partnership with Martin Shortt Auctioneers. The property is described as being in “show house condition” throughout.
Built on a large elevated site, the guest house is situated in Mountnugent and benefits from a large well maintained garden. It also features a large kitchen area, as well as a large living room, which benefits from an abundant of natural light. The property is currently used as a popular Guesthouse/B&B but is also suitable as a large family home.

The Naper Arms Hotel, The Square, Oldcastle
This property is being sold in partnership with Martin Shortt Auctioneers and is guiding at over €580,000.
This is a landmark hotel property located in the town of Oldcastle. Built c.1860, this property occupies a prominent place in this bustling town centre. The three-storey building benefits from many architectural detail, which adds artistic quality to the hotel inside and out. The property itself has been partly renovated and, while the hotel is currently closed, there exists an opportunity for total redevelopment. The site to the rear of the building extends to around one acre and has its own access. The hotel and development site behind will be offered individually and as one lot.
 
O’Reillys Filling Station, Lough Gowna
The premises known as O’Reilly’s filling station in Gowna is inviting bids of over €270,000. This property comes to the market in partnership with John Columb & Co.
It is described by the vendors as: ‘A well-established service station in an ideal location and currently leased with all rental income details available from The Leinster Property Auction. The property consists of the shop, two x 2 bed apartments, a forecourt and a car wash. The shop is fully fitted out with deli area, ice cream machine and top-quality shelving and equipment. This property is situated bang in the centre of lakelands with anglers from all over Europe who make Lough Gowna the favourite course fishing location each year. 
There is a large catchment area from where the station draws its business.’

Other Cavan properties
* New builds at Lisgrey Gardens in Bailieborough
* Five-bed detached property at Killywilly, Ballyconnell (Excess €430,000)
* Four-bed detached residence at Leitrim, Mullagh (Over €199,000)
* Four-bed detached home at Ballinlough, Belturbet (Starting price €149,000)
* Two-bed cottage at Drumhawnagh, Loughduff (+ €70,000)
 
Other auctions
As part of the July 18 event, the company will hold a national holiday home auction. For more information on purchasing or selling a holiday home in Ireland, contact the auction team on 01-687 5040 to arrange viewings or indeed a free auction appraisal.
The company also have ongoing online auctions at www.leinsterpropertyauction.ie and will hold their next public auction event on Wednesday, September 26th.
For more information, visit www.leinsterpropertyauction.ie or www.holidayhomepropertyauction.ie

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