Clement Herron Real Estate


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https://www.lslauctions.com/LotDetail-CLEMENT-3402080

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Guide Price: 375,000

(d2) Main Street, Mountrath, Co. Laois


Sale Type: For Sale by Private Treaty
Overall Floor Area: 293 m² Clement Herron Real Estate is delighted to present this superb investment property to the market, boasting recent renovations. This property offers a unique blend of commercial and residential spaces, brimming with potential for investors. The property features a small office space at the front, an old butcher shop primed for renovation, and four apartments - three 2-bedrooms and one 1-bedroom - currently in the first fixing stage for electrical and plumbing. These units have been thoughtfully drylined and newly insulated, enhanced by beautiful new sash windows that complement the property's charm.

Situated on the main street, the property gains an advantageous visibility and potential footfall traffic, which can significantly benefit the small office space. Moreover, its central location adds to its allure for potential renters or apartment buyers.

The commercial space holds versatility, suitable for various purposes like a retail store, service business, or even conversion into another apartment. Consider the demand for such spaces in the area and how adaptable the space is for diverse businesses. Notably, no grants have been applied to this property, providing new owners with the chance to leverage this aspect. Furthermore, the commercial units at the front offer potential for residential conversion, considering their disuse for over two years.

The extensive back area features a stone surface and offers a myriad of potential uses. It is suitable for residential development, parking, a communal outdoor space for tenants, or even creative uses like glamping, given its prime location in the town centre.

This property holds immense potential for generating rental income and capital appreciation. The rising popularity of Mountrath as a residential destination, combined with its strategic location on the main street, ensures a steady influx of potential tenants and buyers.

Seize this exceptional opportunity to own a piece of Mountrath's vibrant main street. Contact us today to arrange a viewing and explore the immense potential that this investment property holds.

Please note: this property will be offered by online auction (unless sold prior). For auction date and time please visit iamsold.ie. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.

Accommodation:
First floor
Office one: 6.08m x 2.19m
W.C: .09m x 2.26m
Office two: 5.77m x 6.36
Office three: 3.37 x 2.20
Entrance hall: 2.70m x 6.30

First floor
Apartment one
Kitchen/diner: 5.03 x 3.56m
bedroom 1: 414m x 4.60m
En-suite: 1.82m x 1.54m

Apartment two
Entrance hall: 5.17m x 1.17m
Kitchen/diner: 4.75m x 3.64m
Bedroom 1: 4.19m x 2.86m
Bedroom2: 2.89m x 3.36m
W,C: 2.44m x 1.97m

Apartment Three
Entrance hall: 3.56m x 1.59m
Kitchen/diner: 4.31m x 4.84m
Bedroom 1 3.61m x 4.49m
Bedroom 2: 3.40m x 2.35m
W.C: 2.28m x 1.64m

Utility: 2.23m x 1.52m

Second floor
Entrance hall: 1.96m x 2.18m & 5.62m x 1.59m
Kitchen/diner: 4.29m x 5.07m
Bedroom 1: 3.70m x 4.42m
Bedroom 2: 2.29m x 3.48m
W.C: 2.33m x1.70m

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Contact Clement Herron Real Estate on +353578666344