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IrelandWaterfordLismoreFoley's on the Mall, South Mall, Lismore, Waterford

AMV €695,000
-€5,000.00 25th Mar 20

Foley's on the Mall, South Mall, Lismore, Waterford

3500ft 2Pubs & Restaurants Refreshed on Feb 15, 2020
Eircode: P51D5W5
Denise Radley Auctioneers
Denise Radley Auctioneers
Tel: 058 42 168
PSRA Licence No. 001618
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Description

Iconic Licensed Premises & Restaurant, superbly appointed throughout, with enclosed beer garden in prominent trading position, Freehold. FOLEY’S ON THE MALL, LISMORE, CO. WATERFORD. Radley Auctioneers, Dungarvan in conjunction with John P Younge Auctioneers, Dublin will offer the renowned Foley's On The Mall, Lismore by Online Auction via https://www.munsterpropertyauction.ie/ between 11am and 12 Noon on Thursday next, April 02nd. Bidding is only available to pre registered bidders, therefore please contact the Auction Team at the earliest opportunity to register to bid. The Online Auction will enable interested parties to bid from their laptop, smartphone/device or PC from anywhere in the world. Viewing is strictly by appointment via Radley Auctioneers, Dungarvan.

Accommodation

GROUND FLOOR: Central Entrance Lobby; Main Bar; Dining Room: Ladies and Gents Toilets Kitchen; Pantry; Dry goods Store; UPPER FLOOR: Bar; Restaurant: Toilet Suite; OUTSIDE: Terrace; Keg Room; Services Store; Store; Fridge Store; Garden; Bin bay;

Features

‘Foley’s on the Mall’ is an extremely popular and widely known Food and Beverage Establishment, located in a prominent trading position in the historic and attractive town of Lismore, within easy commuting distance of the neighbouring towns of Dungarvan, Cappoquin and Fermoy, in the lush countryside of the Blackwater Valley, at the foothills of the Knockmealdown Mountains. Lismore is the home of the internationally renowned Lismore Castle, associated with the Dukes of Devonshire since the mid 1700’s, which was a favourite destination of the artiste Fred Astaire. ‘Foley’s on the Mall’ is furnished, fitted and equipped to the highest standards, with the distinction of enjoying a predominantly food and beverage business, in exceptional surroundings, with a sustained volume of business showing a growth in turnover on a year- on- year business, over the past three trading years, as evidenced by the excellent high volume of certified turnover. This highly attractive property possesses a pleasing ambiance, with an abundance of charm and character, augmented by the facility of a purpose-built, beer garden/smoking patio. SUBSTANTIAL CERTIFIED TURNOVER FIGURES AVAILABLE. Foleys on the Mall is an historic licensed restaurant and bar, in the beautiful town of Lismore, Co. Waterford. The property itself is turnkey, having gone through extensive renovations in 2004, with both indoor and outdoor dining spaces available with a seating capacity for over 100 persons. Food is the focus in this very popular restaurant with a full a la carte menu offering, 7 days a week, the emphasis being on locally sourced ingredients and dishes. Along with the restaurant seating areas, outside dining and drinks areas, the premises showcase its original bar area, which is a favourite, amongst locals and tourists alike, with a very successful volume of liquor sales enjoyed. Built in 1870, the bar area and building has retained some of its old-world charm, while being renovated with modern touches into the thriving establishment it is to-day. The current owners, Eugene Lyons, a native of Lismore, and his wife Caitlin have made the decision to sell the property after trading for over 5 years themselves, to move back to Caitlin’s home town of Dallas, Texas. With over 25 years between them in the hospitality business, they have used their experience and knowledge in creating a busy restaurant with food and service as the main focus. “It has been such a joy to observe this building to come back to life and to watch the business grow more than we ever thought, into what we see now today. I am from Lismore, so when the opportunity presented itself to buy this historic premises back in 2013, we jumped at the chance and it has been one of the best decisions we have ever made. Foley’s holds a very special place in our hearts, and we are so thankful for the last 5 years, but it is time for us to start a new chapter in America with our two small girls. We know that whoever comes in as the new owners will fall in love with the beauty and charm that is Lismore and Foley’s just as much as we did. We wish them nothing but success”. (Eugene Lyons) Title: The property is freehold. BER Status; N/A Services; Mains services are connected including 3-phase electrical supply. Licence: Full 7-day Licence and Restaurant Certificate attached. Viewing: Strictly by appointment with the Joint selling agents.
Price Changes in Lismore
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-€5,000(-0.71%)
€700,000€695,000
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