The Kerryman (North Kerry)

Popular bar for sale in Firies village

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THIS prominent licensed premises is situated on a corner location with rear access and car parking at Fires Village. Currently on the market with Gallivan Property Partners, Killarney, this property consists of over 3,000 sq ft. of bar with a large function room and fully serviced commercial kitchen.

Additional accommodat­ion comprises of hall, lounge with ladies and gents toilets, lobby, seating area and stores. The public bar caters for small gatherings, while the function room caters for larger parties. Firies Village is within close proximity to Kerry Airport on the main route to south Kerry and a short drive from Killarney.

Firies is a place that has been transforme­d in the last decade and has become a very popular area for new homes. The latter is an important dimension when considerin­g the prospects of this property as increasing population is likely to be a plus in terms of future trade.

The premises is currently let to a tenant (contract expiring on February 2019) and can be sold with vacant possession if required. Price on applicatio­n.

For more informatio­n contact Gallivan Property Partners, College Square, Killarney on: 0646 634177 | Fax: 0646 631720. Email: info@gallivanir­eland.com PRIME location needs no introducti­on when it comes to buying or selling property but according to latest research by two of Ireland’s largest property agents, proximity to schools is now one of the leading factors for home buyers.

More than a third of buyers aged between 25 and 45 are making proximity to a school their chief target when purchasing a house, a trend arising from the ever increasing pressure in obtaining school places.

Known as ‘ catchment premiums’, the value of homes near schools in Dublin are now fetching increases in value of 12 percent because parents want easy access to schools.

Mark Stafford of DNG said: “Across our branches we estimate school catchment is in the top two priorities for purchase in about 60pc of cases in the 25 to 45 age group. We would think schools take top precedent in over a third of cases, ahead of location.”

The trend is said to be particular­ly acute in ‘younger’ locations where new homes are coming on stream. Carole Ross of Sherry FitzGerald’s said schools in around 40 percent of cases in her experience have become a major concern for people moving home who want to get the right catchment area.

With the current strong appetite for housing constructi­on in Kerry expected to gather pace in the coming years, it’s likely that local schools here will also face similar pressures of rising population­s and developmen­ts. Currently, the term ‘ close to all amenities’ is a well-used one in most properties on the market.

But whether or not the proximity of schools in Kerry will become a standalone concern for buyers - to such an extent it has a knockon effect on prices – remains uncertain for now. Rising population­s inevitably leads to a demand for housing constructi­on which, in turn, places demands on the supply of local services.

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