One lucky property bidder, in 2016, won a pub in Ireland for a mere €42,000 ($50,000).

The former Kilbride Inn in Roscommon was auctioned off online by Allsop Online Auctions.

The Irish Post reported that the reserve price for the pub was set between €28,000 to €32,000. After a total of seven bids, it sold for €42,000.

Pub interior.  Credit: Allsop Online Auctions

Pub interior. Credit: Allsop Online Auctions

According to the property listing, the former public house, located in the Four Mile House townsland, 10 kilometers north of Roscommon town, is situated on a site extending to approximately 1.82 hectares, or 4.5 acres.

The two-floor property has a pub on the ground floor, with the upper floor designated as a residential area. 

Another shot of the pub interior.  Credit: Allsop Online Auctions

Another shot of the pub interior. Credit: Allsop Online Auctions

The description states: "The property is arranged over ground and one upper floor to provide a public house together with residential accommodation. Internally the property provides a ground floor bar and lounge together with a four bedroom dwelling overhead. The property benefits from a large car park to the side and additional lands to the rear."

 

This pub in Roscommon sold online for only $50,000.Allsop Online Auctions