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€695,000

18 Main Street, Rathdrum, Wicklow, A67 V044

Energy Rating
Investment Property

Description

*Mixed Investment Opportunity for Sale – Tenants In Situ* This mixed-use commercial property presents an excellent investment opportunity in the rapidly developing town of Rathdrum in North Wicklow. The entire property spans approximately 3,885 sq. ft. and includes two commercial units and three apartments, and a large rear yard. The property breakdown comprises of the following: Residential Units: Apartment 1: Top-floor apartment, approx. 32.5 sq.m. BER – E2 (117680827) Apartment 2: Top-floor apartment, approx. 38 sq.m. BER – E2 (117680801) Apartment 3: Top-floor apartment, approx. 56.46 sq.m. BER – E2 (117680785) Commercial Units: Takeaway Unit: Ground-floor retail unit, approx. 186 sq.m. BER – E2 (801000101) Butcher Shop: Retail unit, approx. 48 sq.m. BER – F ( 801009119). The entire property generates a steady income, with reliable tenants. Tenant details and tenancy schedules are available upon request. This is an ideal investment for anyone seeking a mixed-use property with potential to add value/ redevelop with strong income potential in a growing area. Location: The property is located in the heart of Rathdrum town on the main street. Rathdrum offers a host of amenities and sports facilities including, Supermarket, Post Office, Restaurants, Pubs, Schools both National and Secondary and Churches. The area is renowned for its access to the great outdoors, with Avondale Tree Top Walk close by, and easy access to all the hills and mountains of Wicklow. There is also a lot of new builds which adds to the family-friendly atmosphere, making it an ideal location for those seeking a close-knit and welcoming community. *Note: Apparatus, fixtures, fittings, and services have not been tested. Interested parties are advised to conduct their own investigations. All measurements are approximate, and photographs are provided for guidance only.

Accommodation

Take Away Unit: Ground floor retail unit measuring 186 sq.m approx. The lease began on 1st February 2016 with a 10-year term. The accommodation is as detailed below: Take-Away Unit: 5.22m x9.64m + 6.61m x 6.71m Tiled floor. Roller shutter to front windows.Fitted shelving. Tiled floor. Fridge. Freezer. Access to office. Preparation Area:- 8.03m 7.46m Tiled floor. Fitted shelving. Kitchen and preparation area. Storeroom - 5.16m x6.95m large built-in fridge/freezers. Fitted shelving. Upstairs: 1.4m x 6.9m + 3.6 x 1.86 Accessed from rear. Entrance landing to apartments. All apartments have electric storage heating. Butcher’s Shop: Ground floor retail space approximately 48 sq.m. The tenant has recently signed a new 2-year lease, starting January 1st 2025, with no break option or rent review. Tenant is responsible for rates and service charges for the entire lease term. The premises include a main retail area, prep area, rear space, rear access, staff WC, and access to an outbuilding fridge. Apartments: Apartment 1 ( 32.5 sq.m. BER – E2 (117680827) Kitchen/Breakfast/Living Area. Studio unit. Laminate floor. Fitted units. Velux window. Bedroom 2: Fitted wardrobes Bathroom: Fully tiled. Shower cubicle, w.c., w.h.b. Apartment 2 (38 sq.m. BER – E2 (117680801). Hallway Kitchen/Dining - Fitted kitchen with tiled splashback. Laminate wood floor. Bedroom - Bathroom: Fully tiled shower cubicle. w.c., w.h.b, tiled floor and part tiled walls. Apartment 3 (56.46 sq.m. BER – E2 (117680785)). Entrance Hall Living Room Open plan. Kitchen/ Diner: Fitted kitchen with tiled floor. Tiled splashback. Bedroom: Fitted wardrobes. Bathroom - Shower cubicle with tiled surround. Tiled floor, w.c., w.h.b. Two velux windows. Outside Large concrete rear yard which provides extensive parking, with access from main street and back lane. The overall site is centrally located in Rathdrum Town Centre with obvious potential for redevelopment (Subject to planning permission).

BER Details

BER: E2
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G
F
E2
E1
D2
D1
C3
C2
C1
B3
B2
B1
A3
A2
A1

Current Rating: E2

Built:

Potential Rating:

Heating:

BER Number:

Heating Bill: € monthly estimate

*All retrofit costs are estimates - Find out more

LEARN MORE

Price Changes in Rathdrum
-€55,000 (-7.33%)
€750,000
€695,000
24th Jul 25
E2
€5,000 (3.85%)
€130,000
€135,000
13th Jun 25
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Fenelon Properties
Tel: 01 20...
PSRA No. 001506
Negotiator: Rory Fenelon

Date created: Apr 30, 2025

Fenelon Properties
Fenelon Properties
PSRA Licence No. 001506
Rory Fenelon
Rory Fenelon