The Hi Bi Hotel Strand Street, Tramore, Waterford - Property Partners Barry Herterich - Property Partners Barry Herterich, Tramore, Co. Waterford Commercial

The Hi Bi Hotel Strand Street, Tramore, Waterford - €500,000

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  • Hotels & B+Bs - 930 m² / 10010 ft²

Description

OFFERS IN EXCESS OF €500,000

The Hibernian Hotel is a superb opportunity to acquire a long established and fully licenced premises located in the thriving centre of Tramore’s amenity area, only 50m from the Lady’s slip with access to Tramore’s beautiful 5 km bay and beach. The Hotel is a 10-minute drive to Waterford City and to all rail, bus and road routes.
Situated in a very prominent location at the junction of Turkey Road and Strand Street, The Hibernian occupies c. 930 m.sq (10,000 sq.ft) of prime real estate, with excellent road frontage, offering significant business potential. This substantial property comprises 10 en-suite bedrooms, nightclub, sports bar, cellar bar, restaurant and a small self-contained retail unit. There is further development potential to convert the premises into a 66- bed hostel with café and launderette whilst maintaining the nightclub and bar (as per previous planning permission – now expired).
Tramore is a growing tourist attraction for domestic and international visitors and provides a gateway to the South East of Ireland and to the spectacular Copper Coast. Areas of interest nearby include The Waterford Greenway, The Doneraile Walk, The Pier and The Guillimean. Amenities in Tramore include the Racecourse, Tramore Golf Course, Lafacado Hearne Gardens, Splashworld and T-Bay Surf and eco centre.
This year, Tramore welcomes the opening of The Sands Hotel, The Waterfront bar and restaurant and The Ranch restaurant. In addition, a new Aldi will be opening 200 m from the hotel and there are plans to pedestrianize the Main Street, with provision for outdoor recreational areas. With the regeneration of the town centre, the new owner is guaranteed the acquire a solid business with an established trade and proven reputation.
Certified Turnover Figures are available on request.

Tramore Tourism Statistics
On a sunny day typically a Sunday in the summer our visitor rate peaks and the population of Tramore will double.
The current population of Tramore is 11,000 making it he biggest town in Waterford County
Weekend – Population of the town doubles 22,000 per day
Week day –Population of the town increases by 30% to an average of 3,300 per day
Total average weekly visitor count in high season: 38,500 per week.

Accommodation

Reception Area - c. 13 m². / 140 ft²

Sports Bar & Lounge - c. 110 m² / 1,184 ft²
Fully fitted mahogany bar with mixed upholstered seating, mahogany and pine tables. Solid timber floors in bar area, carpet in lounge section

Nightclub - c. 268 m². / 2,884 ft²..
Fully fitted solid oak bar, counter and backdrop. Dance floor and DJ station.

Bathrooms
Ladies 4 x w.c. and 3 x w.h.b.
Gents 2 x w.c. and 2. w.h.b.

Off-Licence - c. 27 m². / 291 ft.².
Fully fitted display and refrigerated units.
BASEMENT

Cellar Bar - c.155 m². / 1,680 ft.²
Old world style bar with timber floors and beamed Ceilings.

Smoking Area - c.16 m.² / 172 ft.²

Kitchen - c.33 m² / 355 ft.²
Fully equipped catering kitchen for
bar food preparation

Store Room - c.19 m². / 204 ft ²

Keg Cooler Room - c.12 m². / 129 ft.²

Store Rooms

Store Room 1 c.14 m²/ 151 ft.²

Store Room 2 c. 20 m². / 215 ft.²

FIRST FLOOR

Guest Accommodation

Guest Accommodation 10 en-suite bedrooms fitted with TV, hairdryer, safe, tea and coffee making facilities.
Floor to ceiling tiling in bathrooms.

Directions

X91 CF70