SG1 nightclub in Fermoy is on the market, with a guide price of €395,000 for the riverside property. The popular entertainment venue is situated on Ashe Quay, adjacent to The Grand Hotel, previously forming part of the hotel.
The three storey end-of-terrace building, painted on the outside in garish colours that caused uproar in the town when the building was painted, many describing it as ‘like looking at hell’. The paint job was discussed at council level, many councillors pushing to have the owner compelled to re-paint the building in more ‘acceptable’ colours.
The building has a seven day publicans licence. The ground floor consists of a bar, the Abbey, and includes a commercial kitchen, restrooms and stores.
The second floor consists of two nightclub areas; and includes a smoking terrace, lobby, cloakroom, restrooms, stores and offices. The ballroom on the second floor is currently in disuse. The second floor consists of an office and a camera room, while the basement comprises of a cold room and stores.
Annual rates for the premises come to €29,423, with the building currently trading and held on a short-term letting agreement of €36,000 per annum. The selling agents are Behan, Irwin & Gosling, with viewing strictly by appointment and bids considered up to Thursday, April 7th.
