
Macroom's Auld Triangle a square deal for €750k
A landmark pub and restaurant, on the main and improved Cork-to-Kerry 'highway', has come for sale: Macroom's renowned Auld Triangle, for €750,0000.
The premises have a long history as an inn on the western side of the town, close to an access point to the new bypass on the N22, which has brought enormous traffic relief to the town centre.
The Auld Triangle got a major investment in the early 2000s, extending to more than 7,000 sq ft, and has a thriving restaurant capable of feeding 100 people, and a bar, Dan's, for another 80.
The Auld Triangle has been a traditional stopping-off point on the Cork-to-Killarney road for generations of sports fans, and players and media, as well as professional drivers, those attending Cork hospitals, tourists, holiday makers, and day trippers.
'It's one of the top places to eat between Cork and Kerry on the N22: You have Mai Fitz's, in Lissarda,, the Mills, in Ballyvourney, and The Auld Triangle, in Macroom, making for a top three in a row, rather than in a triangle pattern,' say joint selling agents, Killian Lynch, in Macroom, and Maurice Cohalan, of Cohalan Downing, in Cork City, who say that 'it's the best known bar/restaurant in Macroom'.
A substantial, striking-looking premises in stone and glass, it's set on a junction at the edge of the town by the Millstreet road, within minutes (two kms) of an access to the new bypass and has excellent parking.
The property has overhead accommodation, including three bedrooms and a living room, but this hasn't been used for a number of years, says vendor Eileen O'Flynn.
The Auld Triangle has a very strong food business during the week and then pivots to local-supported bar at weekends, says Ms O'Flynn, adding that the business sponsors the Muskerry GAA Sports Awards from April to September, along with the Rochestown Park Hotel.
Agent Killian Lynch says 'the property is being sold as the owner is retiring from the business, after being involved for over 30 years. The property was all extended in the early 2000s and modernised to a very high standard, extending to over 7, 000 sq ft. It continues to do a roaring trade, with food being its main driver.'
Appropriately, the Auld Triangle comes with three bar areas and three restaurant areas, with internal seating for up to 180 people, along with external seating, 'making this a fantastic overall opportunity for a person looking to purchase a thriving business. This is an opportunity not to be missed,' says Mr Lynch.
The venue can accommodate 100 diners in the restaurant and 80 customers in the bar.
'It's a cracking spot and very well run, it's a destination venue that's hugely well-known, and at the guide price, from €750,000, it's very sensibly priced,' says co-agent Maurice Cohalan.
MEANWHILE, also in the same Lee Valley/Macroom hinterland, auctioneer Killian Lynch is selling the substantially rebuilt (in 1998) Ard na Laoi licensed premises, with six en-suite bedrooms, in Ballyvourney village, 65km from Cork City and 25km from Macroom and Bantry.
Aptly titled — given its proximity to the source of the River Lee in Gougane Barra — Ard na Laoi previously traded with a hotel licence, but now has a seven-day publicans licence, 'and is doing a roaring trade within a village of two pubs', says Mr Lynch.
'The owners, who are local to the village, are retiring from the business after 30 years in the trade.
'There is potential to do AirBnB, considering it is located close to Gougane Barra, which has a large number of weddings,' he adds, citing a guide price of €400,000 for the 5,200 sq ft property with 1,600 sq ft bar, retail area, and overhead accommodation.
DETAILS: Cohalan Dowing 021-2277717, Killian Lunch 026-41421

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