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For sale by Campbells Auctioneers via the iamsold Bidding Platform
Please note this property will be offered by online auction (unless sold prior). For auction date and time please visit iamsold.ie. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.
-Prime Harbourfront Location
-19-Bedroom En-Suite Guesthouse
-Investment & Development Opportunity
-Approved Planning Exemption for 8 apartments
We are are delighted to present Bunbeg House, a substantial and highly versatile harbourfront property occupying a prominent position overlooking Bunbeg Harbour in the heart of Bunbeg, Co. Donegal.
Dating back to circa 1890, the original Bunbeg House has long been a recognised landmark overlooking Bunbeg Harbour. The property was substantially extended in the early 2000s with the addition of a large modern extension to the rear, which now comprises a significant proportion of the overall building. Formerly operated as a successful 19-bedroom guesthouse, the property as it stands today combines the character of the original building with the scale and accommodation provided by the more recent extension, presenting an outstanding opportunity for investors, hospitality operators and developers alike.
Of particular significance, the property now benefits from an approved Planning Exemption for the conversion of part of the existing property into eight apartments, providing a substantial residential development opportunity within the existing building.
This approval significantly enhances the versatility and development potential of Bunbeg House, offering prospective purchasers the opportunity to progress with the proposed eight-apartment conversion while retaining the potential to utilise the remainder of this substantial property for alternative residential, hospitality or commercial purposes.
The property is exceptionally well-equipped for hospitality use, with 19 generously proportioned en-suite guest bedrooms, a spacious commercial kitchen, fully licensed bar, restaurant, impressive ballroom/function room and existing apartment accommodation.
The extensive internal layout and substantial existing footprint provide considerable flexibility for future use, with the approved Planning Exemption for eight apartments adding another exciting dimension to the property`s potential.
Occupying an enviable harbourfront setting, Bunbeg House enjoys beautiful views across Bunbeg Harbour and is just moments from the coastline, adding significantly to its appeal for both residential and tourism-related uses.
Bunbeg continues to be one of Donegal`s most sought-after coastal destinations, attracting visitors throughout the year with its spectacular scenery, beautiful beaches and vibrant Gaeltacht culture. Located along the world-famous Wild Atlantic Way, the area offers an abundance of attractions including Magheraclogher Beach, the iconic Bád Eddie shipwreck, Gola Island, scenic coastal walks and excellent opportunities for water sports, fishing and outdoor recreation.
The nearby villages provide an excellent range of shops, cafés, restaurants, schools and everyday amenities, while Donegal Airport at Carrickfinn is just a short drive away, offering convenient regional connections.
With an approved Planning Exemption for the conversion of part of the property into eight apartments, together with its extensive existing accommodation, harbourfront position and substantial scale, Bunbeg House represents a rare opportunity to acquire a landmark property offering exceptional flexibility and future potential in one of Ireland`s most picturesque coastal locations.
Virtual Tour, copy and paste link: https://youtu.be/OY5feoP0Itg
For further information, details regarding the approved Planning Exemption, or to arrange a viewing, contact Campbells Auctioneers.
TO VIEW OR MAKE A BID contact Campbells Auctioneers or iamsold, www.iamsold.ie
*Please note all properties are subject to a starting bid price and an undisclosed reserve. Both the starting bid and reserve price may be subject to change. Terms and conditions apply to the sale, which is powered by iamsold.
This property is offered for sale by unconditional auction. The successful bidder is required to pay a 10% deposit and contracts are signed immediately on acceptance of a bid. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale.
Building Energy Rating (BERs) give information on how to make your home more energy efficient and reduce your energy costs. All properties bought, sold or rented require a BER. BERs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that a property could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All properties are measured using the same calculations, so you can compare the energy efficiency of different properties.
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A non-refundable contract deposit of 10% (minimum deposit of €6,500.00) is required to be paid by the successful bidder for this property.
A Bidder Security Deposit of €10,000.00 is required to be pre-authorised from the bidders debit or credit card through the payment facilities on the auction website when registering to bid. A bidder has also the option of transferring the minimum deposit amount by bank transfer to iamsold's client account to authorise them to bid on the Online Auction (please note, this option may take several days).
The pre-authorisation amount will only be captured from the successful bidder on acceptance of their bid. This will form part of the non-refundable part payment contract deposit.
Any balance of the full contract deposit must be paid by the successful bidder to iamsold within 48 hours of acceptance of their bid. The deposit balance can be paid by debit/credit card, or same day bank transfer to iamsold's client account.
All unsuccessful bidders will have their pre-authorisations released OR their bank transfer refunded within 5 working days of conclusion of an auction or withdrawal of the Lot from the Online Auction.
Bidders are required to pay a non-refundable €0.00 (including 23% VAT) registration fee per property they register to bid on.
For further information or to speak to one of our team, please call 01 244 0000.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection, measurement or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. Properties may be sold via online auction or public auction and bids made prior to public auction may be accepted by the vendors. iamsold and our partner auctioneer will share relevant personal information and transactional updates with each other so that we can effectively market and sell properties including the arrangement of viewings and follow up.
