1 Wexford Road, Arklow, Y14K504

Property (129 sq m)

Asking Price €400,000

Property Overview

Status

For Sale

Property Features

Size

129 sq m (1,388.5 sq ft)

Energy Rating

BERF

Marketed by Forkin Property

PSR Licence: 002719 / 004827

+353 404 61933

Forkin Property

PSR Licence: 002719 / 004827

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Additional Information

Excellent opportunity for an investor or owner-occupier to acquire a mixed-use residential and commercial property in a prominent Arklow town location.
Two ground-floor commercial units together with three-bedroom residential accommodation over the first and second floors.
Rear yard with vehicular access.
Property requiring renovation and refurbishment, offering strong potential to add value.
Conveniently located close to shops, supermarkets, restaurants, bars, schools, Arklow railway station, bus services, recreational amenities and local businesses.
Excellent transport links with easy access to the M11 motorway via Exit 21.
Convenient commuting distance to Dublin, Wexford and surrounding areas.

Forkin Estate Agents are delighted to present 1 Wexford Road, Arklow, an exciting opportunity for investors, owner-occupiers and purchasers seeking a versatile mixed-use property with excellent potential to add value through refurbishment. Extending to c.129 sq.m. (1389 sq.ft) , the property occupies a prominent and convenient position close to Arklow town centre, the property comprises a three-storey mixed-use building with commercial accommodation at ground-floor level and three-bedroom residential accommodation overhead, together with a separate single-storey commercial unit to the side/rear. While the property is currently in need of renovation and modernisation, its existing configuration provides an excellent foundation for a purchaser looking to create a versatile and potentially income-producing asset.

The principal building is arranged over three levels. The ground floor comprises commercial accommodation, offering excellent potential for refurbishment and suitability for a variety of commercial uses, subject to the necessary planning permission and statutory requirements. The residential accommodation occupies the first and second floors, with the first floor comprising a living room, kitchen, bedroom and bathroom, while the second floor provides two further bedrooms. Subject to refurbishment and any necessary approvals, this element offers scope to create a comfortable town residence or attractive rental accommodation.

A separate single-storey commercial unit provides further flexibility and comprises a commercial/shop area, two store rooms, bathroom and rear yard, together with vehicular access. Also requiring refurbishment, this unit could provide additional commercial accommodation, storage or workspace, subject to planning and relevant statutory requirements.

The particular appeal of 1 Wexford Road lies in the flexibility of its existing accommodation and the opportunity to enhance its value through refurbishment and repositioning. The combination of residential and commercial space provides scope for separate income streams, while alternatively appealing to an owner-occupier or entrepreneur seeking business premises with residential accommodation overhead, an additional commercial unit and rear yard.

The property enjoys a convenient position on Wexford Road, within easy reach of the extensive range of amenities and services available in Arklow town. Arklow is a thriving coastal town offering shops, supermarkets, cafés, bars, restaurants, schools, businesses and recreational facilities. Excellent transport connections include Arklow railway station, regular bus services and convenient access to the M11 motorway via Exit 21, providing straightforward travel north towards Dublin and south towards Wexford and beyond.

The town also offers an attractive range of leisure and recreational amenities, including the River Avoca, riverside walks, Arklow Harbour, coastal amenities, cinema facilities
and numerous sporting and community organisations. This combination of amenities and excellent connectivity contributes to Arklow's continued appeal as a location for both residents and businesses.

Properties combining commercial, residential and additional commercial accommodation offer considerable versatility, particularly where there is scope to enhance value through refurbishment. Whether the objective is to create a rental investment, establish business premises with residential accommodation above, or undertake a renovation project with longer-term potential, 1 Wexford Road represents an opportunity worthy of serious consideration.

Early viewing is highly recommended to fully appreciate the potential of this property. Viewings are strictly by appointment with Forkin Estate Agents.