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COMMERCIAL

Bunbeg, Donegal, Ireland

Guide Price
£408,263
€475,000
IAM Sold, Galway
PROPERTY TYPE

Hotel

BEDROOMS

19

BATHROOMS

22

SIZE

11,324 sq ft

1,052 sq m

Key features

  • 19-Bedroom En-Suite Guesthouse
  • Prime Harbourfront Location
  • Investment & Development Opportunity
  • Approved Planning Exemption for 8 apartments

Description

For sale by Campbells Auctioneers via the iamsold Bidding Platform.
Please note this property will be offered by online auction (unless sold prior). For auction date and time please visit iamsold.ie. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.

We are are delighted to present Bunbeg House, a substantial and highly versatile harbourfront property occupying a prominent position overlooking Bunbeg Harbour in the heart of Bunbeg, Co. Donegal.

Dating back to circa 1890, the original Bunbeg House has long been a recognised landmark overlooking Bunbeg Harbour. The property was substantially extended in the early 2000s with the addition of a large modern extension to the rear, which now comprises a significant proportion of the overall building. Formerly operated as a successful 19-bedroom guesthouse, the property as it stands today combines the character of the original building with the scale and accommodation provided by the more recent extension, presenting an outstanding opportunity for investors, hospitality operators and developers alike.

Of particular significance, the property now benefits from an approved Planning Exemption for the conversion of part of the existing property into eight apartments, providing a substantial residential development opportunity within the existing building.

This approval significantly enhances the versatility and development potential of Bunbeg House, offering prospective purchasers the opportunity to progress with the proposed eight-apartment conversion while retaining the potential to utilise the remainder of this substantial property for alternative residential, hospitality or commercial purposes.

The property is exceptionally well-equipped for hospitality use, with 19 generously proportioned en-suite guest bedrooms, a spacious commercial kitchen, fully licensed bar, restaurant, impressive ballroom/function room and existing apartment accommodation.

The extensive internal layout and substantial existing footprint provide considerable flexibility for future use, with the approved Planning Exemption for eight apartments adding another exciting dimension to the property`s potential.

Occupying an enviable harbourfront setting, Bunbeg House enjoys beautiful views across Bunbeg Harbour and is just moments from the coastline, adding significantly to its appeal for both residential and tourism-related uses.

Bunbeg continues to be one of Donegal`s most sought-after coastal destinations, attracting visitors throughout the year with its spectacular scenery, beautiful beaches and vibrant Gaeltacht culture. Located along the world-famous Wild Atlantic Way, the area offers an abundance of attractions including Magheraclogher Beach, the iconic Bád Eddie shipwreck, Gola Island, scenic coastal walks and excellent opportunities for water sports, fishing and outdoor recreation.

The nearby villages provide an excellent range of shops, cafés, restaurants, schools and everyday amenities, while Donegal Airport at Carrickfinn is just a short drive away, offering convenient regional connections.

With an approved Planning Exemption for the conversion of part of the property into eight apartments, together with its extensive existing accommodation, harbourfront position and substantial scale, Bunbeg House represents a rare opportunity to acquire a landmark property offering exceptional flexibility and future potential in one of Ireland`s most picturesque coastal locations.

To access the legal pack copy and paste the following link:

For further information, details regarding the approved Planning Exemption, or to arrange a viewing, contact Campbells Auctioneers.

TO VIEW OR MAKE A BID contact Campbells Auctioneers or iamsold,

Virtual tour:

Auctioneers Comments:

This property is offered for sale by unconditional auction. The successful bidder is required to pay a 10% deposit and contracts are signed immediately on acceptance of a bid. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale.

Bunbeg, Donegal, Ireland

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Donegal(International)
    2.5 miles
  • Sligo(Local)
    55.9 miles
  • Knock(International)
    82.3 miles
  • Belfast(International)
    87.9 miles

Advice on buying Irish property

Learn everything you need to know to successfully find and buy a property in Ireland.

About IAM Sold, Galway

First Floor 16A Liosbaun Business Park Tuam Road Galway City

IAM Sold are a progressive and hardworking auction group who aim to sell properties quickly, securely and at fair market value. We work in partnership with local estate agents to offer an auction solution with exceptional local and national exposure. We are continuously offering properties for sale via our online auction across Ireland, Northern Ireland and the UK.

For sellers, we offer fantastic exposure locally, nationally and internationally. Our service provides a secure route to sale with fixed time-frames. There are no costs to enter a property into our auctions and we agree a realistic reserve which is the minimum the property can sell for.

For purchasers, we offer realistically priced properties, bidding made easy and a flexible auction solution to accommodate those buying with a mortgage as well as cash purchasers. Viewings can be arranged regularly and we provide full assistance to all buyers looking to purchase through our auctions.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by IAM Sold, Galway (reference bunbeghouse) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call IAM Sold, Galway on 020 3835 6484.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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