Dublin,
15
September
2017
|
13:57
Europe/Dublin

Tides Gastro Pub In Rosslare For Sale

DUBLIN, September 2017 – Joint agents CBRE (Dublin) and Kehoe & Associates (Wexford) have confirmed their instructions to offer Tides Gastro Pub, Rosslare, Co. Wexford for sale by private treaty. The property is being sold on behalf of former Republic of Ireland international soccer star, Stephen Hunt.

Tides Gastro Pub is superbly located in the heart of Rosslare Village, at the intersection of Strand Road and the R123, which links Rosslare to Wexford town, circa 16 kms away. The property is located directly across from Rosslare Strand and its public car park and is adjacent to the cluster of other businesses and shops located along Strand Road.

Rosslare is a long-established holiday destination and one of Ireland’s most popular holiday resorts which offers many attractions and amenities including golf, watersports, pubs and restaurants and of course, the landmark Kelly’s Resort and Spa Hotel.

Because of its proximity to Dublin (160 kms) and excellent road and rail access, Rosslare regularly attracts large numbers of holidaymakers who flock to the "Sunny South East" to enjoy its wonderful sandy beaches and countryside on an annual basis. Rosslare Harbour, with its regular ferry services to the UK and France, is close-by.

Tides Gastro Pub is a beautifully appointed two storey licensed premises which enjoys a prominent corner trading position with views over the coastline and the adjoining Rosslare Strand and public car park.

Since acquisition by Stephen Hunt in 2014, the premises has been extensively refurbished to a very high standard. The property is fitted out in a contemporary style with a "New England/Cape Cod" nautical theme and now oozes charm and character.

The accommodation briefly comprises ground floor bar, restaurant, catering kitchen, keg stores and customer toilets c. 264 sq m (2,840 sq ft). There is an extensive south facing courtyard with a heated awning covering the seating area. On the first floor, which extends to c. 109 sq m (1,173 sq ft) there is a further preparation catering kitchen, office, dry goods store and staff changing facilities. The first floor also offers further expansion possibilities. The entire extends to c. 373 sq m (4,013 sq ft).

Since re-opening in June 2014, the premises has quickly established an enviable reputation for the quality of its food, drink and service, recognised by the many awards the pub has collected along the way. The premises now enjoys a substantial level of annual food and drink turnover with an established client base.

The property is being sold on behalf of Stephen Hunt, the former Irish International and Premier League soccer star. Stephen won 39 caps for the Republic of Ireland, scoring one goal during his time. Due to other business commitments in the UK, Stephen has now decided to sell his very successful licensed premises.

According to joint agents John Ryan of CBRE and Colum Murphy of Kehoe & Associates, the sale of Tides Gastro Pub offers an exceptional opportunity to acquire a highly successful licensed premises. At present a substantial food and drink business is carried on in the premises and the opportunity now presents itself for a new owner to continue, expand and exploit the operation of this very successful business.

Offers in excess of €1.2m are being sought for the property.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com

CBRE U.C., (CBRE Ireland) registered in Ireland, no. 316570. PSRA Licence No. 001528 is the country’s largest commercial real estate services company with offices in Dublin and Cork. Currently employing over 135 employees, we work with occupiers, investors and developers of office, industrial and logistic, retail, hotel and healthcare property, providing strategic advice and execution for property sales and leasing; tenant representation, corporate services; property and project management; appraisal and valuation; development services; investment management and debt advisory; business rates and compulsory purchase and research and consulting. Please visit our website at www.cbre.ie