51 - 53 Main Street Carrickmacross

Location
The property occupies a prominent position on the western side of Carrickmacross Main Street - the main thoroughfare and pedestrian area of the Town Centre. The property extends along Shirley House Lane to rear. The property is located close to Supervalu and Market Square Shopping Centre, The Shirley Arms Hotel and a range of locals Bars & Restaurants.

Carrickmacross is the main town in the south of County Monaghan located on the Dublin to Derry (N2) National Route. It is strategically located close to the M1 Motorway link at Ardee, approximately, 80 km north of Dublin, 35 km south of Monaghan Town and 21 km west of Dundalk. The town has expanded immensely over the past number of years and is recognised as one of the main vibrant and retailing towns of the north east.

Description
51-53 Main Street, Carrickmacross comprises an impressive 7 bay three storey over basement building extending to 997 sq m / 10,731 sq ft approximately together with a rear development site of 0.2 acres fronting onto Shirley House Lane. The main building provides a large ground floor retail unit at ground floor with two storeys of B&B style residential accommodation overhead. The basement area provides a range of office and storage areas. The site to the rear incorporates a large 3 storey loft style building with a floor area of c. 3,875sq ft. This site which fronts onto a public car park at the rear of Main Street has significant development potential for residential, office or retail use (subject to planning permission).

Floor Description Approx Floor Area* Lease Terms Current Income
Basement Stores 290sq m / 3121sq ft Vacant -
Ground Floor Retail 235sq m / 2540sq ft Occupied by Boylepsorts on a 10 year lease from July 2016. €45,000
First Floor 4 bedsits 235sq m / 2,540sq ft 2 occupied at €300 per month each €7,200
Second Floor 4 bedsits 235sq m / 2,540sq ft Vacant -
Lofted building Office/ loft 360sq m / 3,875sq ft Vacant -
Total    €52,000

*Please note that all measurement are indicative only. All intending purchaser as are satisfy themselves with floor area measurements.


Zoning
The property is zoned \u0093Town Centre\u0094 under the Monaghan County Development Plan 2013-2019.

Tenure
We understand the property is held freehold.

Rates
We understand a rate liability of €520 per annum exists for rear building.

VAT
The vendor advises that VAT is exempt.