Investment opportunity in Athenry

Lambert Smith Hampton has recently brought an excellent investment opportunity in Athenry town to the market.

The subject property benefits from a high profile location on Cross Street in the town centre with neighbouring occupiers including The Old Barracks Restaurant and The New Park Hotel.

The property consists of a two storey semidetached mixed use property extending to approximately 368.35 sq m (3,965 sq ft ) on a site of approximately 0.14 acre and has the benefit of an enclosed yard to the rear.

The property is fully let and comprises three commercial units and a one bed apartment with a total rental income currently being achieved of €33,600 per annum. The property is being sold with tenants in place.

On the ground floor, the property comprises two commercial units, Town Café and Kasturi Indian Restaurant, with both units benefiting from separate access to the front and rear yard. The first floor comprises one commercial unit, Stairway to Heaven beauty salon, and a one bedroom apartment. Both units are accessed via a shared stairwell located to the front of the property.

The property is for sale by private treaty with a guide price of €350,000.

For further details or to arrange an inspection, contact Patrick Cormican on 091 865333.

 

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