Fort Royal Country House, Rathmullan

€325,000

Bedrooms: 15
Bathrooms: 15
Building Energy Rating:

For Sale by Public Auction

Auction: 11 May 2013 2:30pm at the property – Disclosed Reserve Price €325,000

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A rare opportunity to purchase a delightful sea front property overlooking Lough Swilly and enjoying extensive direct frontage to Rathmullan’s long sandy beach. Previously operating as a seasonal Bord Failte Registered 3 Star Hotel including self catering apartments, Fort Royal Country House has not been open for business since the end of the 2011 season, but offers potential for a variety of commercial or private uses.

Standing on 6.24 acres of mature grounds with a sweeping avenue from the county road, the superb setting includes beautifully maintained gardens and lawns, magnificent mature trees and hard surface tennis court.

An adjoining recently built contemporary style private residence extending to 2,200 sq ft and standing on 0.88 acres, also with a wonderful mature garden, can also be purchased if required.

The property will be available for viewing by appointment with either of the joint sellers on the following dates.

Saturday 20th April at 12 o’clock noon.
Friday 26th April at 12 o’clock noon.
Saturday 4th May at 12 o’clock noon.

BER Details (Country House)

BER: D1
BER No: 800111098
Energy Performance Indicator: 708.43 kWh/m2/yr

BER Details (The Beach House)

BER: G
BER No: 104265327
Energy Performance Indicator: 502.89 kWh/m2/yr

BER Details (Stable Cottage)

BER: G
BER No: 104236328
Energy Performance Indicator: 663.95 kWh/m2/yr

BER Details (Garden Cottage)

BER: G
BER No: 104263314
Energy Performance Indicator: 670.79 kWh/m2/yr

BER Details (Soldiers Cottage)

BER: G
BER No: 104265301
Energy Performance Indicator: 646.42 kWh/m2/yr

Auction Procedure / Disclosed Reserve Prices

Lot 1: Fort Royal Country House and Modern Residence – Disclosed Reserve Price €530,000 – Lot 1 will be auctioned first. Assuming the bidding reaches or exceeds the disclosed reserve price, the property will be sold to the highest bidder and the auction concluded. (VAT will apply @ 13.50% on the Country House element of the price, based on a value of 68% approximately of the overall sale price).

Lot 2: Fort Royal Country House Only – Disclosed Reserve Price €325,000 – Lot 2 will only be offered for auction in the event of Lot 1 remaining unsold. (VAT will apply @ 13.50% of the sale price).

Lot 3: Modern Residence – Disclosed Reserve Price €205,000 – Should Lot 2 sell successfully, Lot 3 will then only be offered for auction at a disclosed reserve price of €205,000. Please note Lot 3 will not be auctioned in the event of Lot 2 failing to sell.

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