2 No. Commercial Properties With Development Opportunity, Linenhall Street, Castlebar, Co. Mayo
For Sale Asking Price € 600,000
http://www.propertynews.com/49gp8
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Tuohy O'Toole
(098) 28000
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Features of this property
- High Profile Location in Town Centre of Castlebar
- 2 No. Substantial Commercial Properties together with 4 No. Apartments
- Full Planning Permission for Development extending to 836 sq.m to Include 1 No Large Public House with Residential Uses overhead
- Of Interest as Individual Sale or Future Joint Venture Development
Property Description
This is an outstanding and most unique property investment development opportunity, which comprises the development of 2 no. substantial adjoining commercial properties located in a high profile location off Linenhall Street in the town centre of Castlebar. This is a high profile commercial location, benefitting from high levels of pedestrian and vehicular traffic. The properties in question comprise 2 no. former public houses, which adjoin one another and have now been gutted internally. In addition, overhead and to the rear, there are 4 no. 2 bedroom apartments, which are currently let.
The planning permission relates to the entire re-development of the property, which in total will extend to 836 sq.m, to provide unsubstantial new public house/restaurant over ground basement and first floor. At second floor there are to be 2 no. apartments. The proposed development fully utilises the infill site and affords the opportunity to create a modern public house or other commercial uses.
NOTE: There is no License with the property
Services:
We understand the property is or can be connected to all mains serviced, including water, sewerage, electricity and telecommunications.
Planning Permission:
A full set of the planning documents is available on request
Title:
We understand the property is held Freehold
Development Opportunity:
The property is for sale outright or alternatively our clients are happy to consider a joint venture proposal for the future development of the site.
Approximate Location of 2 No. Commercial Properties With Development Opportunity, Linenhall Street, Castlebar
The property is located on the East side of Linenhall Street, with our Tuohy O'Toole sign erected thereon.
How much will it cost?
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