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Located along the main throughfare of Carrigallen, an idyllic village with a wide range of amenities including; Secondary school, Convenience shops, 5 pubs (2 serving food), Corn Mill Theatre & Library. Less than 20 minutes’ drive to Ballyconnell & Ballinamore. Approx. 30 mins to Cavan, Carrick-on-Shannon & Longford. 90 minutes to Dublin (M50).
GPS: 53.97720, -7.646462.
Excellent Investment Opportunity with Potential for further Development: Fully Tenanted Premises with Private Car Park on C. 0.22 Acre Site.
370 sqm over 2 floors - 3 No. Retail Units & 3 No. Apartments (2 x 2 Bed & 1 x 3 Bed).
Prominent Village Centre Location with Extensive Road Frontage. All Mains Services.
This large, mixed use property occupies a prominent position within the village of Carrigallen.
Offered for sale by online auction with all 6 units rented & a substantial rental income. Representing an affordable investment & business opportunity.
The C. 370 sqm/3983 sqft of Business & Living Accommodation Comprises;
- Ground Floor: Unit 1 (40 sqm) - Leased to a Hair stylist since 2007.
- Unit 2 (40.6 sqm) - Leased to Beauty therapist since 2019.
- Unit 3 (54.9 sqm) - Currently leased as fast food outlet since 2018.
First Floor: Communal front hall, staircase & landing (1.1 x 7.8):
- Apartment 1 (82.4 sqm) - 3 bed leased to current tenant since 2019.
- Apartment 2 (62 sqm) - 2 bed leased to current tenants since 2017.
- Apartment 3 (48 sqm) - 2 bed leased to current tenants since 2018.
*Apartments can also be accessed by rear external staircase.
Externally the property has Approx. 35 metres frontage onto the R201 & adjoining public footpath.
There are 2 vehicular access points to the private rear car park which provides ample parking for 6 vehicles with further parking spaces available a short distance North in a designated area along the R201. There is also a communal bin store (2.6 x 3.8) building & green space overlooking Carrigallen Lough.
This freehold property is serviced by connections to mains water, sewage & drainage.
High speed fibre internet is available. BER: C1 for commercial units & D1 for apartments.
Built of block construction with plaster exterior finish, slate roof & hardwood double glazed windows.
Current Annual Rent: €18,564. Data sheets & Image schedules for each unit available on request.
FOR SALE BY ONLINE AUCTION: 11AM, THURSDAY 9th OCTOBER 2024: Guide Price: €300,000.
TOTAL FLOOR AREA: 370.000 SQ MTRS / 3982.680000 SQ FT
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