Description***Unique Opportunity To Purchase A Fully Equipped Restaurant and Takeaway with Extensive Residential Accommodation Including Potential For Multiple Different Income Streams***
Castle Estate Agents are proud to present to the market 88 Kilkenny Street, Castlecomer.
88 Kilkenny Street is a unique pre 1963 property with huge potential for the astute investor. This property has been maintained to the highest standards with everything from sewage through to guttering having been upgraded to the highest standards (see below). Containing a fully equipped restaurant/takeaway, office/residential accommodation upstairs, 2 bed apartment to the rear, large 1400 sq ft workshop to the rear and substantial garden/yard with development potential.
This property is ideally located in Castlecomer which is home to a vibrant community with primary school, GAA club, pubs, shops and post office. This location has great access for the shrewd investor/commuter with a quick and easy commute to Dublin and is 15 minutes drive from Kilkenny City where direct line train services are available. Bus Eireann also offer a daily bus service from Castlecomer to Kilkenny city.
For the golfing and sporting enthusiast Castlecomer Golf Club is a short walk from this property and soccer and GAA are well represented with both codes having a strong presence in the town.
Castlecomer is thriving well as a commuter/feeder town to Kilkenny City (15 minutes away) and within its own right as a local town to the extensive commercial and agricultural hinterland.
Built pre-1963 years the building is as good today as the day it was built and contains c.2350 sq ft. of spacious accommodation with the benefit of many upgrades to the structure (see below). There is a further 1400 sq. ft. workshop to the rear with dry concrete floor and power supply.
Restaurant Fully Equipped - with Pizza Oven, 6 burner gas cooker / 2 x Stainless Steel Canopies with fans, 2 deep fat fryers, new Griddle, Chip Dispenser, Salad Counter, Display Fridges- all perfect working order.
3950 sq ft in total. The Building is 2350 sq ft and the Workshop is 1400 sq ft as well as large rear site with potential for development subject to planning.
RESTORATION WORKS to Building Last 4 years:-
1.Two Front Room Chimneys relined - one with Stove in
front sitting room..
2. All Steel Seamless guttering front and rear of building.
3. Industrial Carpet Tiles used throughout.
4. Bathrooms, two with all new fittings, new baths, and
5. Interior decoration - Complete Restaurant and house
6. Restaurant and preparation kitchen re-tiled. Commercial Grade P5
Rear Preparation Kitchen Floor re-tiled Commercial grade P5
Entrance Hall re-tiled 1440.00, same quality tile
throughout whole ground floor. Commercial grade P5
14. Two Stainless Steel Canopies with fan units complete
15. REAR SECTION re-roofed insulated and chimney rebuilt
from wall plate level, insulated and dry lined.
16 Fire Suppression System and Fire Alarm System, Emergency Lighting
18. 4 TV points - in restaurant, flat to rear, bedroom and sitting rooms upstairs €650.00 to install
- All lead water piping removed and replaced.
- All old terracotta sewage pipes replaced.
Features1. Tenant providing rental Income - details on request.
2. FIVE POTENTIAL RENTAL INCOME STREAMS:-
dependent on buyer type:-
(i) Shop can be rented as a lock up - ground floor only
with independent access.
(ii) Rent upstairs overhead as residence to the
front of building.
(iii) Upstairs can alternatively be let as offices.
(iv) Flat to rear can be separately rented
(v) The Garage/Workshop to rear can be separately
rented. Dry, Concrete Floor, Electricity.
3. LICENCES x 2. (i) Restaurant Pre 1963. (ii) 3 span
Garage Premises / Workshop to rear. Both activities
detailed in Freehold documents.
4.. NO PLANNING PERMISSION TO DEVELOP /
NO PLANNING FEES
5. 3 PHASE ELECTRICITY