A unique opportunity to own a package of properties at a picturesque Wexford beauty spot has arisen, with a local landmark pub, petrol station, supermarket and residential accommodation all up for auction. The sale presents an appealing prospect for budding entrepreneurs seeking to own and operate a thriving business in a much-loved location, or for investors looking to add to their property portfolios. This prime package deal encompasses a range of properties in a highly sought-after area, promising a wealth of possibilities for the new owners. Here we delve into the details of this exciting prospect on the property market.
Sitting in the summer sunshine overlooking the beautiful lake at Our Lady’s Island, Co Wexford is one of the finer places in the country to enjoy a refreshing 99 or cold drink. Due to retirement, Keane Auctioneers are presenting a unique business opportunity for someone with investment resources. On April 28th, at 12 noon, the busy supermarket, lively bar, residential home, petrol station, and standalone industrial store in the picturesque Wexford village will go under the hammer. The guide price for the entire lot is between €750,000 and €850,000. Auctioneer John Keane describes this sale as a “once in a lifetime opportunity” to obtain “an already established family business with obvious potential for expansion.” While the village attracts a year-round clientele, the summer season and pilgrimage season are quite busy. In addition to being a tourist attraction, the supermarket, pub, and petrol station also attract a significant amount of passing trade from beach-bound tourists. Mr Keane advises that the residential section “would benefit from some upgrading” and suggests owner occupation or staff quarters as potential options. The supermarket is in excellent shape and boasts a superb retail space, including an off-licence, a fully fitted deli, and meat counter. The Island Bar provides a cosy, traditional pub atmosphere and is a favourite haunt for both locals and those passing through. The petrol station is another opportunity for growth, generating a steady trade in various solid fuels in addition to its fuel pumps. Furthermore, a substantial standalone store allows for deliveries for all the businesses. Viewing is highly recommended, and Mr Keane notes that there has already been considerable interest in this unique sale. “This is an established family business going back a number of years, and the family in question has decided to retire. It’s really an excellent opportunity, and I anticipate even more interest in the coming days.”
In conclusion, the auction of the picturesque properties at Wexford beauty spot has sparked interest and excitement amongst prospective buyers. The unique combination of a pub, petrol station, supermarket and residence offers the perfect opportunity for someone looking for a change of pace and lifestyle. Located in a serene and breathtaking location, this package deal is the perfect investment for those looking to embark on a new business venture or simply seeking a change of scenery. With the auction just around the corner, it will be interesting to see who emerges as the winning bidder in this one-of-a-kind offer.
