'Lets Bingo', Racecourse Road Dundalk, County Louth , A91 FAE9Asking price €1,450,000
c.2,270 Sq M (24,433 Sq Ft) Industrial type facility, fully fitted as a "Leisure Complex and Family Entertainment Venue' with a 7 Day On -Licence, located on a prime c.1.95 acre rectangular site.
The Subject property, which over recent years has operated and traded as "Let's Bingo', is arguably best known previously as "Dundalk Sports Bowl' a very lucrative family entertainment venue which included a twelve lane 10 pin bowling alley, adjoining snack bar, children's adventure play area, arcade gaming and recreational area. A stand alone function room and a family bar and restaurant known as "Martha's Vineyard' which was licenced to serve alcohol in most areas of the complex, per the current 7 day on-licence attached to the property. We have also been advised that part of the previous bowling lanes remain in situ under the area currently in use as the Bingo venue. Overall, the venue is in turnkey condition, which is evident from the moment you enter the building.
The existing building comprises c.25,000 Sq ft detached Industrial type building on ground floor level with ancillary administration accommodation on the first floor. The building is centrally positioned on prime c.1.95 acre site, and any astute purchaser considering an alternate use for the property will recognise the current "building to site ratio' allows for further development (STP). The recently adopted "Louth County Development Plan 2021 -2027' has zoned the immediate area for an expansive open class of permitted uses, together with multiple uses open to consideration.
Boasting a high profile trading location along a short stretch of excellent road infrastructure which connects the old 'Dundalk to Newry / Armagh Road' with Dundalk's 'Eastern Bypass' (N52), the subject property is only a few minutes walk to the nationally renowned all weather racing venue known as 'Dundalk Stadium'. Dundalk Town Centre is approximately 1.5Km from the subject property and direct access to the M1 Motorway is only 2Km to the north via Junction 18.