Commercial Premises Including House Accommodation For Sale

Business description

Asking Price: €800,000

• Two Three Storey Houses/Properties For Sale
• An ideal street trading position in a well populated busy town
• Substantial and Secure Premises
• Huge Development Potential
• Large Former Bar Area
• Huge Scope for Retail Expansion

THE BUSINESS
RTA are delighted to present this marvellous opportunity to acquire the valuable freehold rights to 2 X Commercial Properties of outstanding future possibilities of which we are confident you will agree represent genuine value.

These well established concerns are located in the prime area of Cahirciveen, Co. Kerry, once an important focal point of the community by conducting a useful and popular bar operation of which now are in need of a prospective buyer to bring back to their former glory. Huge development potential of outstanding future possibilities which are only limited depending on the buyer.

Available with immediate vacant possession this would naturally present a marvellous opportunity for anyone seeking the ideal premises in which to embark upon any number of potentially lucrative business ventures requiring a combination of substantial and adaptable workshop and administrative space coupled with a commercially highly desirable location.

Alternatively, this versatile proposition would most certainly appeal to someone simply looking to significantly increase their existing investment portfolio by the acquisition of a large and extremely well located additional property which would be eminently capable of achieving a very healthy return on initial capital outlay either in terms of rental income from the existing business facilities or future sell on value after development.

FINANCIAL INFORMATION
These Properties/Houses come onto the market at €500,000

PROPERTY DESCRIPTION
House/Property 1:
Formerly a well established thriving bar called T.W. O’Connells based in the busy East End of Cahirciveen, this property has an abundance of history, old world charm and architectural appeal. Lying idle for the past number of years the property is in need of renovation but retains its old features, high ceilings and character lending itself to restoration. The old bar counter and fixtures are intact and have been untouched since the day the business ceased trading.

The property has commercial/retail potential and or residential potential. A retail venture would enjoy excellent street frontage and prominence. The property also comprises of a large rear garden sloping down onto another street meaning that there is a prospect of extending the property rearward. There is a large stone building at the rear of the garden along the street with development potential.

This property represents a real opportunity for a person with vision and energy as the possibilities are essentially endless in terms of the development/investment potential.

We strongly recommend a viewing by interested buyers/investors/developers.

House/Property 2
This is a large well appointed charming residence enjoying similar streetscapes to property 1. Currently occupied and maintained by a caring considerate owner the property is ready for immediate occupancy by a prospective buyer or investor. This is an expansive residential property covering three floors with an extension to the rear. It enjoys the same large rear gardens as its neighbouring property and the prospect of further rearward development. The property’s location means that it too has retail/commercial potential as well as residential potential. This property needs to be seen in order to fully comprehend the opportunity that exists. On the one hand, it is a charming house with old world charm and elegance and on the other hand it is an investor/developer’s dream.

The acquisition of both properties would present real opportunities but the vendor will also consider separating the properties for individual sale.

CURRENT TRADING HOURS
N/A

Property information

Real Estate:

Real Property Included