New to the property market is this landmark commercial building located in the centre of Ballaghaderreen. Comprising of a large open plan commercial building on the ground floor currently tenanted with four self contained apartments on the first floor of which three are currently tenanted. The building offers a potential rent roll, when fully occupied in excess of €2,200 per calendar month representing a gross yield of almost 14%.. This is a landmark building due to its location and exposure located on the busy corner on the main street with the large gable extending along the main Charlestown / Mayo Road thereby offering a huge advertising opportunity to the busy passing traffic. The commercial unit is currently occupied and all four apartments on the first floor are in excellent condition, being recently rennovated, This property is being re-released to the market and to date has generated much interest due to its prime location and income yielding opportunity. Open to offers for a quick sale!
The ground floor of the unit is 1,776 square foot in a large open plan setting which has stud partitions seperating a storage area. The first floor contains three two bedroom apartments and one one-bedroom apartment all of which are easily set.
This property is possibly the one of the best sites in terms of visibility within the town of Ballaghaderreen located on the corner of main street and main Mayo road from the town thereby catching much of the traffic within the town. Offering large window area for display purposes. The property also boasts four self contained apartments on the first floor all of which are easily rented and overall has the potential to generate circa €2,200 gross rental yield in a ...