David Reynolds



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https://www.lslproperty.com/PropertyLotDetail-DARE-5272629

Onine Bidding

Lot: 1, The River Rest, Easky, Co. Sligo, F26 D766


Auction Date: Friday, 17th April 2026
Solicitor: Adrian P. Bourke Solicitors, Unit 3 Killala Road Business Park, Ballina, Co. Mayo - 096 22055

The River Rest - a substantial property combines a former ground floor restaurant with 7-bedroom overhead accommodation, offering exceptional potential for investors, hospitality operators, or those seeking a residential or mixed use venture.

The combination of generous floor area, flexible layout, and accommodation makes this a rare opportunity in a thriving coastal village. With tourism on the rise and strong demand for hospitality and rental options in the region, the property is well positioned for a wide range of uses.

Key features include;
Prime village centre location in the popular coastal town of Easkey, known for tourism, surfing and year round footfall.
Former restaurant premises on the ground floor with an open plan layout, ideal for re establishing a food business or adapting to retail, café, or service use.
Seven-bedroom accommodation overhead, suitable for staff housing, guest rooms, rental income, or redevelopment.
Rear yard providing valuable outdoor space, storage, or delivery access.
Excellent redevelopment potential, subject to planning, for a boutique guesthouse, mixed use commercial/residential project, or multi-unit rental investment.
For sale by online auction, offering a transparent and efficient purchase process.

GRANTS

Grants for vacant commercial properties in Ireland focus on converting them into residential units or incentivising new business use.
Key supports include the Vacant Property Refurbishment Grant (up to €70,000 €110,000+ for conversion)
Vacant Property Refurbishment Grant: provides up to €50,000 to refurbish a vacant property, or up to €70,000 if the property is derelict (structurally unsound).
"Above the Shop" Grant: Specifically for converting vacant commercial space above shops into residential units.
Grants for this, combined with potential top-ups, can reach over €100,000 to €140,000, particularly for creating multiple units.
Expert Advice Grant: Up to €5,000 is available for professional advice on converting these properties.
Eligibility: Properties must be built up to 2007 and vacant for at least 2 years.

Accommodation
Ground Floor


Area 1 - 6.78m (22'3") x 2.97m (9'9")
Open Plan
with fireplace


Area 2 - 14.95m (49'1") x 6.3m (20'8")
open plan
with feature stone fireplace/stove


Ladies Toilets - 3.97m (13'0") x 1.81m (5'11")
fully tiled


Gents Toilets - 3.97m (13'0") x 1.65m (5'5")
fully tiled


Kitchen - 3.8m (12'6") x 3.65m (12'0")
full catering kitchen fit out


Caterine Wash Room - 3.55m (11'8") x 3m (9'10")
fitted out


First Floor


Bedroom 1 - 4.18m (13'9") x 3.82m (12'6")


Store Room - 2.6m (8'6") x 1.82m (6'0")


Bedroom 2 - 3.34m (10'11") x 2.95m (9'8")


Bedroom 3 - 3.12m (10'3") x 3.1m (10'2")


Bedroom 4 - 3.33m (10'11") x 2.44m (8'0")


Bedroom 5 - 3.12m (10'3") x 2.26m (7'5")


Bedroom 6 - 3m (9'10") x 2.37m (7'9")


Bedroom 7 - 4.66m (15'3") x 2.56m (8'5")


En-Suite
wc, whb & shower


Lounge - 5.77m (18'11") x 4.08m (13'5")


Kitchen / Dining Room - 7.34m (24'1") x 3.55m (11'8")
full built-in-kitchen


Bathroom - 2m (6'7") x 1.73m (5'8")
whb & bath


Toilet - 1.96m (6'5") x 1.16m (3'10")



Note:
These particulars are issued by David Reynolds Estate Agent on the understanding that any negotiations relating to the property are conducted through them. Whilst every care is taken in preparing particulars, the Company do not hold themselves responsible for any inaccuracy in the particulars or the terms of the properties referred to or for any expense that may be incurred in visiting same should it prove unsuitable or to have been let, sold or withdrawn. Applicants are advised to make an appointment through us before viewing and are respectfully requested to report their opinion after inspection.

Important Info / Terms and Conditions


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TERMS & CONDITIONS - PLEASE READ CAREFULLY

• Viewing
If you wish to view the property, you should contact David Reynolds on 087 252 3738. We will facilitate you and arrange viewings by Appointment Only.

• Description Of Property
The particulars contained in our brochure / advertising / social media are issued by David Reynolds Estates on the understanding that all negotiations are conducted through them. All descriptions, dimensions, etc., included in the particulars, and any statements made by David Reynolds or our representatives, are made in good faith and are not intended to form a basis for any Contract. Any intending purchaser should not rely on them as statements or representations of fact but should satisfy themselves by inspection or otherwise as to the accuracy of same before committing themselves to a Contract. Any maps, plans or photographs in the brochure shall be indicative only and shall not form part of the Contract.

• Guide Price
The guide price should not be construed as being the selling price of the property and it is the purchaser’s responsibility to decide on how much to bid at the auction.

• Legal Documentation
Prior to the auction, the solicitor for the vendor will make available the legal documentation in relation to the property, copies of which are available from vendor’s solicitor or David Reynolds Estates. It is important to consult your solicitor in relation to the Contracts / Conditions Of Sale of the property before bidding as you will become legally bound by the said Contract / Conditions Of Sale if you are the highest bidder and the property is knocked down to you.

• Identification
In order to register, it will be necessary to upload a copy of your passport / driving licence and proof of address, i.e., bank statement / utility bill / correspondence from a Government agency / source, dated within the last 3 months.

• Registration
In order to bid at the auction, it will be necessary to register with our office, 071 915 1161, at least 5 business days prior to the auction. The auctioneer assumes the bidder is bidding for himself/herself. If the bidder intends to purchase a Lot in a name other than his or her personal name, arrangements must be made with the auctioneers in advance. By registering you are deemed to have accepted the terms and conditions of the auction and authorise us, as agents for the vendor, to sign the completed Contract for Sale on your behalf if you are not attending the auction in person.

• Reserve Price
The price agreed between the vendor and the auctioneer at which the property can be sold. In the event of the property not reaching the reserve, the auctioneer will deal exclusively with the highest bidder (for half an hour following the auction) in order to realise a satisfactory sale. If a deal is not concluded, then the auctioneer may deal with the under-bidders and any other interested parties following that period of negotiation.


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• Deposit
A €70,000 bidding deposit is required in order to bid in person at the auction or on-line - this is payable in advance of the auction by online bank transfer and must clear our bank account 5 working days prior to the auction. Our bank details will be provided to you at registration. The successful bidder’s deposit will become non-refundable as soon as the property is sold. The deposit payable on the signing of the Contract is 10% of the purchase price. If there is a shortfall in the deposit furnished by the purchaser prior to the auction, then the purchaser shall be required to lodge the balance of the deposit with the auctioneers within 1 business day of the online auction. If you are not the successful purchaser, your deposit will be returned to you (in full).

• General Conditions
The highest bidder will become the purchaser, subject to the right of the owner to withdraw the property should the reserve not be met.
The Particulars and Conditions Of Sale may change prior to the auction and it is the sole responsibility of the bidder to make sure they have the latest version.
The auctioneer reserves the right to sell the property prior to auction, withdraw the property from auction, change the order of the Lots, or consolidate the Lots without any notice to any prospective purchaser.

• LSL Online Platform
Neither David Reynolds Estates or LSL Online Auctions, their servants or agents shall be responsible in any manner whatsoever, whether in contract law, tort, common law or otherwise for any loss arising in whatever fashion as a result of loss of internet connectivity during the auction process. The bidder accepts that such contact is at the bidder’s own risk and in the event that the internet link is not established or breaks down, or if there is any confusion or disruption, then the bidder will not be able to participate in the auction.

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Contact David Reynolds on +353719151161