J. Anderson, Market House, Emily Square, Athy, Co. Kildare

John P. Younge FSCSI FRICS, RICS Registered Valuer, PSRA Licence No: 003582.

For Sale by Public Auction – 3pm. Thursday, 11th July 2024 at the Keadeen Hotel, Newbridge

J. ANDERSON, MARKET HOUSE

EMILY SQUARE, ATHY. CO. KILDARE

J. Anderson, Market House, Emily Square, Athy, Co. Kildare

Market House, better known as ‘Andersons’ is 100 years trading during which time it has built up a loyal customer base. It occupies a strategic location, on Emily Square with return access off Barrow Quay and has huge potential for a new owner to further develop the business.

LOCATION

‘Andersons’ occupies a strategic position on Emily Square, just off Leinster Street which is the main artery through the town. The property benefits from additional frontage onto Barrow Quay.

Athy is a heritage town situated in south Kildare approximately 80 kms southwest of Dublin, 37 kms southwest of Naas/Newbridge and 21 kms north of Carlow and has a population of 11,035 people (Census 2022). There are good road and rail links to Dublin and the rest of the country. The N78 National Secondary Road connects Athy with Kilkenny to the south and connects with the M9 Motorway (10km away) & M7 Motorway (20km away) which lead to Dublin & the north. Major local employers in the area include Tegral, Minch Norton, St. Vincent’s Hospital and the Revenue Commissioners.

Athy Town Hall is currently being renovated to include a new Shackleton section and there are also plans for Emily Square to be improved as a public space. All of this should ensure that the position of Anderson’s will benefit from any improvements.

Description

Market House is a terraced three-bay three-storey late Georgian house with licensed premises on the ground floor and two floors overhead comprising residential accommodation. The original part of the property was built in the 1800’s with further extensions to the rear over the intervening time. The property enjoys a traditional style public bar to the front of the property complemented by a sizeable lounge and a snug area. There are two sets of toilets on the ground floor along with additional cold room and stores which benefit from rear access off Barrow Quay. The property is spacious, yet compact and enjoys ease of management.

The top two floors comprise residential accommodation with several large well proportioned reception rooms all enjoying a fantastic aspect across Emily Square. Complementing this are several bedrooms, bathrooms, and a sizeable kitchen / living area with access to a rooftop garden

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J. Anderson, Market House, Emily Square, Athy, Co. Kildare map
KEY FEATURES
  • One of the most renowned Licensed Premises in Athy having traded for over 100 years.
  •  Excellent reputation and a wide customer base.
  • Established and consistent trade with strong turnover figures.
  • Prime trading position with frontage onto Emily Square & Barrow Quay.
  • Property will benefit from upgrade of Town Hall & Emily Square.
  • First & second floor residence ideal for several potential uses.
THE BUSINESS

Andersons enjoys a consistent and substantial level of annual turnover divided between wet sales, off-license and some wholesale business. The property has been in the same ownership for 100 years and during that time has built up an enviable reputation for the quality of its service.

The sale of the property now offers the discerning purchaser the opportunity to acquire one of Athy’s most popular licensed premises with the potential to further exploit the full trading potential of the property in line with the current upgrading of Emily Square, renovation of the Town Hall and the ongoing growth of the Blueway. In addition, the first and second floors of the property provide amble opportunity for a range of alternative uses.

Property Location
Property Summary
ACCOMMODATION:

SQ.FT

GROUND FLOOR: 280 3,013
Bar:
Lounge & Snug:
Off – licence service hatch:
Cold room, stores and service yard leading onto Barrow Quay.
FIRST FLOOR: 91 980
Office
Living room
Kitchen
Dining area with access to roof garden.
Bathroom
Bathroom 1
SECOND FLOOR: 57.05 614
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Bathroom
Store
More Details

Trading Figures: The business is broken down between wet sales, off – licence sales and a small volume of wholesale trade. We can provide a prospective purchaser with two years accounts on request.

Tupe: Market House is offered for sale as a going concern and the purchaser will be required to comply with current TUPE legislation on employee transfer.

Fixtures, Fittings & Equipment: An inventory of fixtures, fittings and equipment included in the sale is available on request.

Licenses: Ordinary 7 -day Public Licence along with Off –License and a wholesale Licence.

Commercial Rates: Rateable Valuation: €35,500 , Rates Multiplier: 0.2246, Rates Bill: €7,973.30

  • Title:
    Freehold
  • Services:
    All mains services supplied to the property
  • BER:
    Exempt
  • Solicitor: R.A. Osborne & Sons, Emily Square, Athy, Co. Kildare.
  • Viewing: Strictly by appointment with the Joint Selling Agents.

J. P. YOUNGE
27 Lower Baggot Street, Dubin 2.
01 661 8428

JORDAN AUCTIONEERS
Edward Street, Newbridge, Co. Kildare
045 – 433550

These particulars are issued by Jordan Town and Country Estate Agents & John P. Younge on the understanding that any negotiations respecting the property mentioned are conducted through them. Every care is taken in preparing particulars but the firm do not hold themselves responsible for any inaccuracy in the particulars and terms of the property referred to, or for any expense that may be incurred in visiting same, should it prove unsuitable or have been let, sold or withdrawn. Applicants are advised to make an appointment through us before viewing and are respectfully requested to report their opinion after inspection. Should the above not be suitable please let us know your exact requirements. Any reasonable offer will be submitted to the owner for consideration. All maps produced by permission of the Ordnance Survey Ireland License No. AU 0007524 © Government of Ireland.
AGENT
John P Younge FRICS FSCSI
John P. Younge
Auctioneer & Valuation Surveyor
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