THE DEW DROP INN, a highprofile Co Kildare licensed premises and restaurant, is for sale by public auction and could fetch in the region of 5m.
Located in the village of Kill, just off the M7 motorway, the landmark pub comes to the market along with an adjacent 'ready to go' 1.7-acre site zoned 'village centre.'
The pub has a seven-day licence, a dance licence for 300 people and enjoys a turnover of 1.2m. The adjoining car park measures 0.80 acres and is also zoned as a 'village centre.' The premises fronts onto the main street in Kill and is close to Goffs.
The property is being offered for sale in three lots.
Lot one consists of the development site which has full planning permission for 20 residential dwellings.
Lot two includes the pub and the car park. The pub has a well-established bar and food trade. At present there is only one other licensed premises in the village. Lot three comprises the entire property including the pub, the car park and the development site.
According to Laura Keenan of selling agent, Colm McEvoy Commercial, "the entire property offers a unique opportunity for a major retail operator. It would also be suitable for a mixed-use development incorporating a smaller element of the already profitable licensed premises."
The agent is quoting a guide price of 2.75m for lot one and 2m for lot two. The property will be sold at public auction on Wednesday, 27 June.
For further information, contact Colm McEvoy Commercial, 045-434138.
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