Sherry FitzGerald Myles Doyle are delighted to present to the market this well-known Landmark 6 bed (3 en-suite) detached property with adjoining commercial convenience Shop unit which is currently trading as a Newsagents, grocery, light hardware, lottery agents, wine, confectionery and fuel business etc.
Built by the Kynoch's in the 1890's the property underwent major works between 2004 - 2007 when the current owners built a new premises outside the original two-storey building and they substantially extended the retail unit and the house on both the ground floor and first floor above to create a very large building overall at approx. 501sqm (5,400sqft.) plus basement c. 56.6 sq.m. (620 sq. ft.).
This is an exciting opportunity for any discerning purchaser to buy a readymade well established business with adjoining accommodation. If the business had no requirement for the residential element, the 1st floor accommodation could be let, thereby making it a very attractive investment.
This magnificent property comes to the market in excellent condition throughout and is ready made for an investor or equally an owner occupier looking for a good investment in a fantastic high profile location.
The property combines a thriving retail Newsagents/Grocery Shop with substantial residence to the side and overhead, which is prominently located on the vibrant Sea road in Arklow Town.
The commercial unit has been successfully trading for over 125 years, is being sold as a going concern and is currently trading as a small local convenience store which is currently leased and the lease finishes in early January 2019. The commercial unit measures 1,280 sq.ft (118.66sqm) approximately and comprises of an open plan ground floor customer/retail area with a separate rear storage and staff wc, with access from the main road and rear access to a back yard.
The property is within walking distance to Bridgewater shopping centre which has a large cinema and range of stores. Arklow town centre is less than a 5-minute walk away which has an array of shops, restaurants, schools, churches, ...