BEING OFFERED WITH TENANT IN SITU - PRIME INVESTMENT OPPORTUNITY
O'Donnellan & Joyce are delighted to present this exceptional and rare opportunity to acquire a substantial guesthouse ideally located in the heart of Galway City Centre.
The subject property comprises of a fully operational and trading guesthouse known as “Woodquay Townhouse”.
Accommodation comprises of 9 en-suite bedrooms along with associated living accommodation and a welcoming reception area. The entire floor area extends to 307.97 square metres (3,314 sq.ft). The entire site area extends to 309 square metres.
The property commenced trading in 2025 and is presented to a high standard throughout. The property is subject to a 10-year lease from May 2025 at 175,000 + VAT per annum, with a singed deed of renunciation. Details available on request. “Woodquay townhouse” is within walking distance to Eyre Square, University Galway and University Hospital Galway. All mains services are connected which include a modern Air to Water heat pump which is reflected in the A2 energy rating.
LOCATION
Woodquay Townhouse is located within the heart of Woodquay and benefits from dual frontage onto Walsh's Terrace and Dyke Road, respectively. The area is high density in character and predominantly comprises of residential dwellings along with multistorey commercial units.
Under a recent funding announcement, a number of locations throughout Galway City have been earmarked for regeneration with Woodquay being one of five locations.
Woodquay Regeneration Project public realm works providing an opportunity for the creation of a new civic space, improved walkability of the city centre and linkages to the main shopping streets and public transport hubs. The project will provide good pedestrian links to the proposed Clifden Railway Pedestrian and Cycle Bridge, linking to NUI Galway.
Both University Hospital Galway and University College Galway are positioned within a mere 1km of the subject property. Galway City is the third largest city in Ireland with a population of 84,414 persons, as of Census 2022. Galway is also the centre of HSE Western Health Board and has a substantial student population of approximately 26,000 in GU and ATU.
NOTE: These particulars are not to be considered a formal offer. They are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract, nor to be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, neither O'Donnellan & Joyce Auctioneers nor the vendor accept any liability as to their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars. No person in the employment of
O'Donnellan & Joyce Auctioneers has any authority to make or give any representation or warranty whatever in relation to this property.
Features
Fully operational and trading guesthouse
being sold with tenants in situ
10 year lease with rental income of 175,000 per annum
Signed deed of renunciation
within walking distance of Eyre Square, University of Galway and University Hospital.
Presented to the highest standards throughtout..
A2 energy ranging Underfloor heating with Air to Water heat pump.
connected to all mains services
Copy of lease on request.
BER Details
BER: A2
BER No: 801058546
Energy Performance Indicator: 162
BEING OFFERED WITH TENANT IN SITU - PRIME INVESTMENT OPPORTUNITY
O'Donnellan & Joyce are delighted to present this exceptional and rare opportunity to acquire a substantial guesthouse ideally located in the heart of Galway City Centre.
The subject property comprises of a fully operational and trading guesthouse known as “Woodquay Townhouse”.
Accommodation comprises of 9 en-suite bedrooms along with associated living accommodation and a welcoming reception area. The entire floor area extends to 307.97 square metres (3,314 sq.ft). The entire site area extends to 309 square metres.
The property commenced trading in 2025 and is presented to a high standard throughout. The property is subject to a 10-year lease from May 2025 at 175,000 + VAT per annum, with a singed deed of renunciation. Details available on request. “Woodquay townhouse” is within walking distance to Eyre Square, University Galway and University Hospital Galway. All mains services are connected which include a modern Air to Water heat pump which is reflected in the A2 energy rating.
LOCATION
Woodquay Townhouse is located within the heart of Woodquay and benefits from dual frontage onto Walsh's Terrace and Dyke Road, respectively. The area is high density in character and predominantly comprises of residential dwellings along with multistorey commercial units.
Under a recent funding announcement, a number of locations throughout Galway City have been earmarked for regeneration with Woodquay being one of five locations.
Woodquay Regeneration Project public realm works providing an opportunity for the creation of a new civic space, improved walkability of the city centre and linkages to the main shopping streets and public transport hubs. The project will provide good pedestrian links to the proposed Clifden Railway Pedestrian and Cycle Bridge, linking to NUI Galway.
Both University Hospital Galway and University College Galway are positioned within a mere 1km of the subject property. Galway City is the third largest city in Ireland with a population of 84,414 persons, as of Census 2022. Galway is also the centre of HSE Western Health Board and has a substantial student population of approximately 26,000 in GU and ATU.
NOTE: These particulars are not to be considered a formal offer. They are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract, nor to be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, neither O'Donnellan & Joyce Auctioneers nor the vendor accept any liability as to their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars. No person in the employment of
O'Donnellan & Joyce Auctioneers has any authority to make or give any representation or warranty whatever in relation to this property.
Features
Fully operational and trading guesthouse
being sold with tenants in situ
10 year lease with rental income of 175,000 per annum
Signed deed of renunciation
within walking distance of Eyre Square, University of Galway and University Hospital.
Presented to the highest standards throughtout..
A2 energy ranging Underfloor heating with Air to Water heat pump.
connected to all mains services
Copy of lease on request.
BER Details
BER: A2
BER No: 801058546
Energy Performance Indicator: 162
Negotiator
Shane McDonagh
Auction Location
Auction Time
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