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The well-known Central Tavern in Loughgeorge, Claregalway is set to go under the hammer next week with a guide price of €285,000.

The premises is no longer trading, but is being sold with the full seven day public licence in place.

The Central Tavern is located on the Tuam side of Claregalway village and stands on a large site just off the main Galway to Tuam road, before the turn off for the N63 Roscommon Road.

This is a property which was once a thriving business and enjoys a huge passing trade due to its prominent position on this busy N17 route and serves a huge catchment area.

It is easily accessible and has a large car park area which also facilities large vehicles. The premises is substantial in size measuring 8,458 sq ft and stands on a 3.1 acre site.

The accommodation comprises a public bar, pool room, restaurant area, function room and kitchen.

There is potential on the first floor to develop self-contained living quarters.

Selling agent Colm O’Donellan said: “Overall, the property is in need of some upgrading, but contains huge potential to become what once was a thriving and very successful bar and restaurant.”

The Advised Minimum Value is €285,000. There is an open viewing on Sunday from 4.30–5.30pm. The solicitor with carriage of sale is Adam Hogg, Mason Hayes & Curran, South Bank House, Barrow Street, Dublin 4. The auction takes place on Friday, March 14th at 3pm in the Harbour Hotel, Galway.

For further information, view the listing online or contact Donnellan & Joyce Auctioneers on 091 564 212.