Mixed-Use Investment & Conversion Opportunity


Excellent conversion opportunity (stpp)
For sale by Private Treaty in 3 individual lots or collectively
Partial investment producing sale. Tenants not affected
Extends to approximately 1,750 sq m


Description:

Lot 1: Large Ground & First Floor Unit

The large ground & First floor unit is positioned on the southeast corner of Belmayne and fronts Main Street and Belmayne Avenue. It currently is in shell and core condition and extends to approximately 1,019 sq m (10,968 sq ft); approximately two thirds of the space is on to the ground floor with approximately one third on the first floor. The unit is partly double space in height and incorporates an upper floor, which is accessed from the rear. The ground floor currently has planning consent for Library use but could also suit other community based uses and potentially suit retail/leisure space, while the upper floor may be suitable for conversion to apartments subject to the necessary planning consent.

Lot 2: Retail Investments
The two retail investments, Units 41 & 42, comprise a hair and beauty salon and a convenience store. These are adjacent to
existing commercial occupiers fronting Main Street, which comprise a pizzeria take away and a restaurant/diner. We have
been provided with the following tenancy details. Leases available upon request.

Unit 41 is let and occupied by The Central Shop on a 5 year lease from 20th November 2014 with a break at year 2 at €12,000 per annum.
Unit 42 is let and occupied by Radiance Hair & Beauty on a 10 year lease 01st November 2012 with a break at year 5 at €12,500 per annum.


Lot 3 : Live Work Units
The7 live work units comprise of a mix of one & two bedroom live work units at ground floor level frontin