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18 May 2022
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18 May 2022
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Offaly pub and filling station for sale for €300,000
DNG Kelly Duncan have been instructed to sell Ned's Bar & Lounge, an Applegreen Shop & Filling Station and a residential unit in Ballinagar.
Existing leases will not be affected by any sale.
Situated on a site of 0.91 acres this property commands a pivotal position serving both the immediate community and hinterlands.
It is ideally located to serve between the villages of Ballinagar, Geashill and the town of Daingean.
The development consists of a busy convenience store complimented with Applegreen Service Station and large forecourts with ample parking, a busy pub and a small residence.
The Applegreen Shop & Filling Station is subject to an existing 10-year lease which does not expire until April 2022.
Ned's Bar & Lounge is subject to an existing four-year nine-month lease which expires in February 2020. The residence is currently unoccupied.
The entire property is described as "an income-generating investment with three potential income streams."
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