To Let. Rosslare, Co. Wexford

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1 To Let C EDARS HO TEL Rosslare, Co. Wexford

2 N.B. For identification purposes only Executive Summary 34 bedrooms Former 3 star hotel Positioned on Rosslare Strand Bar, conference and banqueting facilities Night club and bar with independent access Situated approximately 9.8km north of Rosslare Port and approximately 15.5km south of Wexford Town Suitable for a variety of uses (subject to p.p.) Location Rosslare is a popular seaside resort which is located on the east coast of Ireland in Co. Wexford. This resort town benefits from high visitor levels during the summer months and is ideally situated 154km south of Dublin City Centre and approximately 15km south of Wexford Town. Rosslare is accessed via the M11 motorway which has recently been extended to provide direct access from Dublin to Rosslare. Cedars hotel is situated on Strand road opposite the beach and a short walk from Rosslare Town. The hotel is placed in an excellent location for tourists with a host of golf clubs, including Rosslare Golf Club; blue flag beaches and recreational facilities in the immediate surrounding area. The subject property is located approximately 8km from Rosslare Europort which provides direct ferry routes to Pembroke, Cherbourg and Roscoff.

3 S WALL ENTRANCE LIFT TYPICAL FIRST & SECOND FLOOR ROOM ROOM ROOM ROOM ROOM ROOM BATH BATH BATH BATH BATH BATH BATH BATH BATH BATH BATH BATH ROOM ROOM ROOM ROOM ROOM ROOM GROUND FLOOR AND SITE PLAN G.L G.L KITCHEN DINING ROOM CLOAKS 8.1 SQM DIS WC LAUNDRY ENTERTAINMENT FUNCTION ROOM LAUNDRY STAFF 8.4 SQM COLD ROOM COLD ROOM WASH UP RESTAURANT KITCHEN DIS WC CLOAKS FOYER RESTAURANT YARD RECEPTION G.L FOYER G.L CAR PARK NO.1 CAR PARK NO.1 ENTRANCE EXIT G.L G.L N.B. For identification purposes only

4 Description Cedars hotel was formerly a 3 star hotel with 34 Bedrooms. The property is situated on a site of approximately.9 acres. The property is located on the northern side of Rosslare town and positioned on the western side of Strand Road. The hotel is arranged over 3 levels and provides for a number of facilities including a ground floor bar & lounge, dining room, function room and a night club with a separate entrance. to perform well for the rest of the year, and in particular the British and American markets are expected to be strong with current exchange rates having a positive effect. Following an excellent start to the year, hotels are looking forward to the rest of the year with optimism. There is a carpark to the front of the hotel allowing for approx. 60 car spaces. The property is accessible from Strand Road and rear delivery access is available off Grange Road. The hotel, which is no longer trading, is available to let and is suitable for a variety of uses (cookery school, retirement home etc.), subject to planning permission. Tourism The outlook for Ireland s tourism sector is bright this year with continuing prosperity expected. A good start to 2016 has helped set the tone for a positive year and a sentiment of further growth in the industry. Hotels have had a particularly good start to the year, with most (78%) experiencing increased visitor levels. Close to half (46%) of hotels have reported that the improved domestic economy is a positive factor affecting their business this year the highest proportion of any industry sector. ROSSLARE STRAND The average room yield and profitability of hotels continues to rise year on year. Two thirds (67%) are experiencing increased profitability to date this year. The domestic overseas market is expected

5 Local Authority Rates Approximately 56, p.a. (2016) Quoting Rent On Application Licence 7 day ordinary licence (Publican s Licence) Lease Terms Available on flexible new lease terms directly from the landlord. The tenants will be liable for service charge, local authority rates and insurance, in the normal manner. BER Contact Brian Kelly Surveyor T: +353 (0) E: brian.kelly@qre.ie Bryan Garry MRICS MSCSI Associate Director T: +353 (0) E: bryan.garry@qre.ie qre.ie BER No.: BER Advisory: kWh/m2/yr2.09 Viewing All viewings are strictly by appointment through the sole letting agent. PSRA Registration No The agents on their own behalf and on behalf of the vendor/lessor of this property, give notice that: (a) these particulars do not constitute in whole or in part an offer or contract for sale or lease; (b) none of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact; and (c) the vendor/lessor does not make or give, and neither the agents nor any of its members or any person in its employment has any authority to make or give, any representation or warranty whatsoever in relation to the property. The only representations, warranties, undertakings and contractual obligations to be given or undertaken by the vendor/lessor are those contained and expressly referred to in the written contract for sale or agreement for lease between the vendor/lessor and a purchaser or tenant. Prospective purchasers or tenants are strongly advised to: (a) satisfy themselves as to the correctness of each statement contained in these particulars; (b) inspect the property and the neighbouring area; (c) ensure that any items expressed to be included are available and in working order; (d) arrange a full structural (and where appropriate environmental) survey of the property; and (e) carry out all necessary searches and enquiries. Any representation including descriptions, dimensions, references to condition, permissions or licenses for uses or occupation, access and any other details are given in good faith and are believed to be correct, but any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves (at their own expense) as to their correctness.

EXECUTIVE SUMMARY LOCATION. Cedars Hotel. N.B. For identification purposes only

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