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Iconic Pub In West Cork For Sale

Goleen, Cork, Ireland
Asking Price:
On request Furniture / Fixtures and Inventory / Stock included
Turnover:
Available on request
Net Profit:
Available on request

The Fastnet Bar is a welcoming bar/restaurant in the heart of the picturesque village of Goleen, on the route of the wild Atlantic way, named after the famous lighthouse. It is a gateway to the Mizen Head signal station which is a one of Ireland’s largest attractions, also close by is Barleycove beach one of the finest blue flag, sandy beaches in West Cork. The current owners Martin and Bridget Whooley have had the business, for almost 20 years, would now like to turn a new chapter in their lives and would like to sell the business as a going concern.

The property is on two levels ground floor comprises of a bar and lounge, kitchen and toilets. Added features include a stove and open log fire. To the rear of the building there is a secluded beer garden, which has been kited out to offer additional seating for an outdoor experience. There is a keg room and separate bottle store. The second floor contains a flat with 2 double bedrooms one single, a small kitchen, bathroom and living room, there is separate access via the rear of the building.

The building itself dates back over 100 years and was originally called Sean McCarthy’s where back in the day you could enjoy a pint as well buying a suit of clothing or even a pair of wellington boots. The 100 year old floor is from Cobh Cathedral so a drink will be enjoyed on ‘Holy Ground’ The current owners have built a good reputation for bar food, served up to 6pm ( June to September). There is a potential to expand this offering later into the evening, especially during the peak season when demand is high.
The Fastnet has been renowned for it’s live music sessions over the years and has attracted many musicians, especially during the summer months. It is well know for hosted many family occasions from weddings, birthday parties, funerals to large fundraising events for well know charities as well as local causes.

Whilst the Goleen village has retained it’s village charm, a lot of development and expansion is taking place around the village. There are a number of housing developments attracting both seasonal and full time residents. There is also the expansion of Goleen Harbour Eco accommodation.

For more information, please contact us by using the form below.

Property Information

Living Accommodation:

The 1st floor contains an apartment with 2 double bedrooms, one single, a small kitchen, bathroom and living room. This apartment has separate access via the rear of the building.

Location:

Licensed Premises with living Accommodation.
Renowned premises located in the centre of the picturesque village of Goleen.
Located on route to Mizen Head Visitor Centre which attracts c. 100,000 visitors annually.
There is tremendous opportunity here to expand the business further especially in the food and catering side of the business.
The Beer Garden is well laid out with both covered and open areas and is ideally suitable for outdoor catering and entertainment.

Premises Details:

The property is on two levels, ground floor comprises of a bar and lounge, kitchen and toilets. Added features include a stove and open log fire. To the rear of the building there is a secluded beer garden, which has been kitted out to offer additional seating for an outdoor experience. There is a keg room and separate bottle store.

The 1st floor contains an apartment with 2 double bedrooms, one single, a small kitchen, bathroom and living room. This apartment has separate access via the rear of the building.

Business Operation

Expansion Potential:

There is a huge opportunity to grow and expand the food offering, current owners only serve food up to 6pm.

Competition / Market:

The village has two other pubs, but they do not serve food

Reasons for selling:

After almost twenty years the current owners feel the time is right for them to consider the next chapter in their lives.

Trading hours:

7 day license hours

Employees:
One part time
Years established:
20

Other Information

Support & training:

We are more than happy to provide training and support to any prospective buyers for as long as required.

Furniture / Fixtures value:
€20,000 - included in the asking price
Inventory / Stock value:
€4,000 - included in the asking price
Related Documents:

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