Win The Fivealley Inn Review
The The Fivealley Inn in County Offaly which comes with Bar/Restaurant & Guest accommodation is the prize on offer in this win a property competition. Running on the Raffall platform you could become a new business owner in Ireland for just £10 a ticket.
Launched: 15th April 2021 Closes: 30th September 2021
Location: Doorosheath, Co. Offaly, Ireland,
House Value: £400000 (7 Bedrooms)
Extras: £10,000 Cash Prize
Ticket Price: £10.00
Minimum Ticket Target: 60000
Tickets Sold: Unknown
Cash Alternative: 75% of ticket sales
One pub property competition in Ireland kicks off and up pops another one almost immediately. Following in the footsteps of The Spinnerís Bar in Kilmacow is The Fiveally Inn located in Doorosheath. On a map it looks like it's exactly in the middle of Ireland! If you're looking for a new business opportunity and life then this might be ideal. The property itself is on the site of an old country shop and was "rebuilt to the highest standards in 2003". However no valuation is given so we've estimated it based on the ticket target until a better number is made available.
How To Enter The Competition
One thing that is noticeable about this particular property is that the winners may need somewhere to live. The competition page outlines details of the public house and guest accommodation but there's no mention of living quarters. Of course you could take up residence in guest area but then that would impact the business. However the owners do suggest that the property could be opened as a family home rather than as a business venture. The owners will also pay out £10,000 cash as part of the prize. Details about stamp duty, costs etc are not given but we assume they will be covered by the host.
To enter the raffle you need to be registered with Raffall. This can be done via Facebook or email login. Once at the house raffle page it's a case of answering a question and purchasing tickets. The question pops up in a window which we found disappeared very quickly. Tickets only cost £10 and there's no limit to the number you can purchase. You can purchase online using debit cards. A donation of 5% will be made to the Offaly Hospice if the property is won.
60,000 Ticket Sales
The promoter, Perry Mooney, hopes to sell 60,000 tickets (total revenue £600,000) by the end of September 2021 in order to conclude the draw. If insufficient tickets are sold then the winners will receive a share of the compensation amounting to 75% of all ticket sales. All compensation payments are guaranteed and paid directly by Raffall Limited. This is a little bit different to house competitions run by individuals and should offer more assurance to entrants.
This is a difficult one to call because it's advertised as "Win The Fivealley Inn" and that instantly conjures up images of a pub business. However the property doesn't have to become a pub as indicated by the owners. Looking at the location though it does look like an ideal location for food and accommodation so would a prospective winner really want to convert it to a family home. Ireland competitions always seem to do well but we're not sure about this one simply because people may be put off with the idea of winning a pub rather than a large sized property.
Disclaimer: Details shown above were correct at time of writing and are provided for information purposes only. Images are used under fair use policy. Map location is approximated by Google based on postcode/location info. Any links provided are not an endorsement from Loquax. In some cases Loquax may earn a referral fee from sales this does not effect our review. We strongly advise all visitors do due diligence on each contest before deciding to enter. Terms and conditions apply. Begambleaware.org.
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