Sherry FitzGerald Davitt & Davitt


Permanent link to this lot (for sharing and bookmark)
https://www.lslauctions.com/LotDetail-SFDD-4390796

For Sale

For Sale

Dominick Street & College Street Site, Mullingar, Co. Westmeath, N91W6PC


Lot 1: Landmark Commercial Retail Unit with 2 Floors of Office Space, 7,470ft2 approx
Lot 2: 0.425 acre Site with Planning Permission for 7 Residential Units

DESCRIPTION
Lot 1: Prime Commercial Property
Presenting an exceptional investment opportunity in the heart of Mullingar's bustling town centre on Dominick Street. This extensive property offers a diverse range of uses and significant income potential. With a prominent street frontage and ample space, this property is perfectly suited for investors or business owners seeking a prime location.

Commercial Features:
Ground Floor Retail Unit:
A spacious retail space ideal for various businesses, currently in use as a grocery store and deli, complemented by a store room, canteen, and office, ensuring functionality and convenience.

First Floor:
Four large offices, offering versatile spaces for educational or professional use.

Second Floor:
Five substantial offices, providing ample space for expansion or multiple tenants.

Features
- Selling due to retirement
- Planning Granted for Off Licence
- Opposite train and bus station
- High Profile
- Situated on 0.4-acre approx.
- Total Area 7,470ft2
- Potential for conversion to Multi capacity apartments with own separate street access

Rear Access & Off-Street Parking: Convenient rear access with off-street parking facilities, ensuring ease of access and additional parking options.

Location:
Situated on Dominick Street, this property benefits from high visibility and foot traffic, making it an ideal location for commercial ventures. The central location within Mullingar ensures easy access to all local amenities, public transport, and major roadways, enhancing its appeal for both residential and commercial tenants.

Investment Potential:
This property offers a unique blend of commercial and residential spaces, providing multiple revenue streams and the potential for significant returns. The diverse layout and prime location make it a valuable addition to any property portfolio.

Lot 2: Prime Commercial Site
Prime Town Centre Site (0.4 Acre) for sale with planning permission granted (October 2024) for 7 residential units in two blocks (A + B.)

Block A - Duplex
Block A comprises of 2 Ground Floor 2-bedroom apartments and 2 3-bedroom apartments.

Apartments
Apartment 1: 79.2/ 852 sq. ft.
Apartment 2: 84.4/ 908 sq. ft

Duplexes
Duplex 1. 113sf.m/1216sq.f
Duplex 2. 107/1157sq.ft

Block B - Terraced Town Houses
Block B comprises of 3 4-bedroom terraced townhouses.

Houses
House 1: 125sq.m/1345sq.ft
House 2:1245sq.m/1334
House 3:117/1259sq.ft

Features
Access via college street. 9 parking spaces.
Site Area 0.171 H. A/0.245 Acres
Prime location
Walking distance to Town centre

Lot 1: 36-38 Dominick Street
Ground Floor Retail Unit
Main Shop Floor 243m2
WC 8.05M2
Store Room 29.24m2
Strong Room 9.45m2
Canteen 11.48m2
Office 10.08m2
Shed 5.46m2
Hallway to First Floor 32m2
Total 366.0m2

First Floor
Landing One 3.3m2
Hall One 4.7m2
Store One 12.8m2
Landing Two 4.1m2
Office One 27.84m2
Office Two 14.85m2
Hall Two 6m2
Store Two 12.8m2
Landing Three 4.5m2
Office Three 29.76m2
Office Four 18m2
Total 164m2

Second Floor
Landing Four 4.1m2
Office Five 25.38m2
Office Six 15.18m2
Corridor One 4m2
Office Three 12.3m2
WC 9.25m2
Landing Five 4.5m2
Office Seven 29.14m2
Office Eight 18.4m2
Corridor Two 4m2
Canteen 12.3m2
WC 9.25m2
Total 164m2

Total Area: 694m2 / 7,470ft2

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Contact Sherry FitzGerald Davitt & Davitt on +353 44 966 1000