Merchant House, Main Street, Killybegs, Co. Donegal, F94 XY91

Description

Town-Centre Cafe Premises & Five Apartments Asking Price: 975,000 Current Annual Rent Reserved: 65,640 Gross Rental Yield: Approximately 6.73% DNG Dorrian is delighted to present this substantial mixed-use property occupying a prominent position on Upper Main Street in the heart of Killybegs. Comprising extensive ground-floor cafe premises with five self-contained apartments (Fully Tenanted) across the first and second floors, the property offers an attractive opportunity for investors and owner-operators alike. Constructed in the early 2000s, the accommodation offered extends to an estimated 420 sq.m (4,521 sq.ft), subject to verification by a measured survey. The property benefits from circa 12 metres of Main Street frontage, together with additional frontage onto Conlin Road. Ground-Floor Cafe Premises The ground floor accommodates Mrs. B's Coffee House Cafe, with the two former commercial units and former rear apartment now combined to form a single cafe premises. This provides an extensive arrangement of customer and ancillary accommodation in a prominent town-centre setting. Mrs. B's Cafe is being sold as a going concern. The café's fixtures, fittings and goodwill are available at a separate price, to be agreed in addition to the advertised property price of 975,000. They are not included in the advertised asking price. Residential Accommodation: The first and second floors accommodate five self-contained apartments, comprising: - Three one-bedroom apartments. - One two-bedroom apartment. - One three-bedroom apartment. This varied accommodation mix complements the commercial element and will appeal to purchasers seeking business premises alongside residential investment accommodation. Approximate Floor Areas - Ground floor: 153 sq.m, including the residential entrance and stairwell. - First floor: 134 sq.m. - Second floor: 133 sq.m. - Total accommodation offered: Approximately 420 sq.m (4,521 sq.ft). These provisional areas are based on the available architectural drawings, include common circulation and remain subject to confirmation by a measured survey of the current building.

Features

Current annual rent reserved of 65,640 with a Gross Rental Yield of approximately 6.73%, before purchase costs and operating expenses.
Prominent position on Upper Main Street, Killybegs.
Extensive ground-floor cafe premises.
Mrs. B's Coffee House Cafe offered as a going concern, with fixtures, fittings and goodwill priced separately.
Five self-contained apartments across the first and second floors.
Approximately 12 metres of Main Street frontage.
Additional frontage onto Conlin Road.
Constructed in the early 2000s.
External elevations finished in K-Render.
Viewing by appointment with DNG Dorrian. Telephone: 074 973 1291 Email: rory@dngdorrian.ie

Negotiator

Rory Dorrian

Description

Features

Negotiator

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