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Prime Galway Waterfront Hospitality Property For Sale

County Galway, Galway, Ireland
Asking Price:
€2,850,000
Turnover:
€206,931
Net Profit:
€128,764

An exceptional opportunity to acquire an established guest accommodation business and substantial freehold property in one of Galway’s most desirable waterfront settings.


Occupying a prime position with uninterrupted water views, the property is within walking distance of Galway city centre, transport links, restaurants, shopping and many of the city’s leading attractions. It combines an outstanding lifestyle location with an established hospitality operation, creating a rare opportunity in a tightly held market.


The property currently trades successfully as guest accommodation and includes spacious private owner’s accommodation. This provides considerable flexibility for a purchaser to continue the existing operation, develop a luxury owner operated boutique offering or increase guest capacity by converting the private accommodation into additional letting rooms, subject to any necessary consents.


Its exceptional setting, established reputation and proven trading history provide a strong platform for continued operation and future growth. The underlying freehold property also offers significant long term investment appeal.


Opportunities of this calibre rarely become available in Galway, particularly those combining a premium waterfront property, an established hospitality business and exceptional lifestyle appeal.


Key Highlights

Prime Galway waterfront setting

Substantial freehold property

Established guest accommodation business

Exceptional water views

Within walking distance of Galway city centre

Private owner’s accommodation

Potential to increase guest accommodation capacity

Established reputation and proven trading history

Strong year-round tourism and accommodation demand

Suitable for owner-operators, hospitality groups and property investors

Significant lifestyle and long-term investment appeal

The sale is being conducted on a strictly confidential basis. Further information, including financial details and the precise location, will be made available to suitably qualified purchasers following completion of a Non Disclosure Agreement.

Property Information

Real Estate:

Real Property Included

Premises Details:

The property is an established guest accommodation business operating from a substantial freehold premises in a prime Galway waterfront location. It currently trades with six guest bedrooms and also includes private owner accommodation comprising two additional bedrooms. The business benefits from an established hospitality use, immediate trading income and a highly desirable position within walking distance of Galway city centre, Eyre Square and the city’s principal transport links.

Business Operation

Expansion Potential:

There is considerable potential to increase the property’s accommodation capacity and income generating capability. The two bedrooms currently used as private owner accommodation could be incorporated into the guest accommodation, increasing the immediate letting capacity to eight rooms. There is also potential to create a further four guest bedrooms, subject to any necessary planning permission and statutory approvals, bringing the total capacity to approximately twelve guest rooms. This provides a purchaser with the opportunity to enhance revenue, improve operational efficiencies and develop a distinctive boutique waterfront hospitality offering.

Competition / Market:

The property occupies a highly differentiated position within the Galway accommodation market. Its direct water views, freehold ownership, proximity to the city centre and potential to substantially increase guest capacity distinguish it from many conventional guesthouses. Galway continues to benefit from strong domestic and international visitor demand, while the supply of comparable waterfront hospitality properties remains extremely limited. The combination of an established trading business, premium real estate and expansion potential should appeal to owner operators, boutique hospitality groups and property investors.

Reasons for selling:

retirement

Other Information

Home based:
This business can be run from home