PRIME MAIN STREET COMMERCIAL & RESIDENTIAL INVESTMENT WITH EXCELLENT INCOME POTENTIAL.
John Higgins Auctioneer is delighted to bring to the open market this prime commercial property with residential accommodation overhead, superbly positioned in the heart of Ballyhaunis Town centre.
Occupying a highly prominent position along Main Street, the property benefits from excellent pedestrian and passing footfall and is situated directly opposite two of Ireland’s largest franchise groups, providing outstanding visibility and commercial exposure. The ground floor section of the property has successfully traded in the past as both a retail Shop and hairdressing Salon, demonstrating the versatility and strong trading potential of this excellent town-centre location.
The ground floor commercial space extends to approximately 667 sq. Ft and offers considerable potential for a wide variety of uses, subject to the necessary planning permission if required. Its prominent position, generous street frontage and accessibility make this an excellent opportunity for an owner-occupier, investor or business seeking a high-profile town centre premises.
A further significant benefit is the large rear yard, which enjoys convenient rear access from a side Street. The yard incorporates a number of existing storage Sheds, which offers excellent potential for easy refurbishment and conversion into modern and state of the art Storage Units, providing an additional potential income stream for the right investor.
The Residential accommodation is generously proportioned and comprises a large open-plan Kitchen with Dining space and Living area, Bathroom, 4 Bedrooms and a separate W.C. This provides the property with an attractive commercial retail space and residential accommodation. The property offers the potential to generate an overall annual income of approximately €31,200 making it an interesting investment opportunity with scope to further enhance income through the development of the rear yard and in particular the storage sheds.
Located in the very centre of Ballyhaunis town, this property represents an excellent opportunity to acquire a substantial mixed-use property in a prominent Main Street location.
For further particulars or to arrange an inspection please contact either of the joint selling agents John Higgins Auctioneer on 094 9631372 or Sherry Fitzgerald Hanley on 094 9371479.