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2/3 Watergate, Kilkenny, Co. Kilkenny


Price
€475,000

Type
Commercial

Status
For Sale

Size
181 sq. m
Description

An exceptional opportunity comprising a landmark restaurant premises extending to approximately 181 sq. m., arranged over three floors and occupying a prominent position at 2/3 Watergate Street in the heart of Kilkenny City.
Formerly trading as Royal Spice, the property enjoys a highly visible city centre location within an established commercial and hospitality district. Positioned directly opposite the Watergate Theatre, the new City Library and the recently redeveloped Abbey Quarter, the premises benefit from their proximity to a range of cultural, commercial and business occupiers, including Tirl�n and O'Neill Foley. This evolving city centre destination continues to attract a strong mix of businesses, residents and visitors, contributing to the area's appeal as a location for hospitality and dining.
The property is particularly well positioned for pre-theatre and post-theatre trade, with the Watergate Theatre located directly across the street. The theatre is an established cultural and entertainment venue within Kilkenny City, attracting audiences for performances and events throughout the year. Its immediate proximity adds significant appeal for an operator seeking to benefit from the additional footfall associated with evening performances, while the surrounding hospitality venues further strengthen the location.
The property is also ideally situated beside some of Kilkenny's best-established licensed premises, including Cleere's Bar & Theatre and O'Riada's. This established evening and weekend trade, combined with the surrounding offices, cultural attractions and city centre amenities, provides an attractive setting for an incoming operator seeking to establish or expand a hospitality business.
Arranged over three levels, the accommodation offers a versatile layout with customer areas distributed throughout the building. The premises are presented to allow an incoming operator the opportunity to design and configure the space to suit their own concept and operational requirements.
Additional features include toilet facilities, mains gas and a small rear yard providing useful storage space. A full floor plan is available upon request to assist prospective purchasers in assessing the layout and potential of the premises.
The property benefits from established restaurant planning use and a history of a wine licence, making it an attractive proposition for experienced restaurateurs, independent operators or hospitality groups seeking a high-profile city centre location.
With its prominent Watergate Street position, direct proximity to the Watergate Theatre, established hospitality surroundings and flexible accommodation arranged over three floors, this is an excellent opportunity to acquire a restaurant premises in one of Kilkenny City's best-known commercial and cultural quarters.

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