Upper Bridge Street, Belturbet, H14FT67

• Impressive c. 4680 sq. ft. mixed use building
• Development potential for apartments or townhouses
• Central location close to all services
• Excellent investment opportunity
• Grants available for development

1 The Lawn, Belturbet - Substantial Town-Centre Mixed-Use Property

Guide Price: €345,000

A rare opportunity to acquire a substantial town-centre property occupying a prominent position at the junction of Bridge Street, The Lawn and Castle Hill in Belturbet.

Extending to approximately 4,680 sq ft (435 sq m), the property comprises a substantial two-storey commercial building, a separate two-bedroom residential unit, courtyard/yard and adjoining two-storey stable.

The property offers considerable flexibility for an owner-occupier, investor or developer and has potential for a range of future uses, subject to the necessary planning permissions.

Key features
-Approx. 4,680 sq ft / 435 sq m overall
-Prominent town-centre position
-Approx. 3,487 sq ft commercial accommodation
-Separate 2-bedroom residence - approx. 749 sq ft
-Approx. 446 sq ft two-storey stable
-Private courtyard/yard
- Existing commercial accommodation arranged over two floors
- C-rated BER
- Substantial Residential Development Potential, subject to planning.

(Potential to develop 2 two bedroom apartments, 2 one bedroom apartments in existing retail space, plus another townhouse in existing barn while maintaining existing dwelling house (subject to planning permission). Sample sketches shown.)

Suitable for a range of commercial or mixed-use possibilities

Within walking distance of the River Erne and Belturbet’s town-centre amenities. (River Erne viewable from upstairs showroom).
A property with history and potential.

Known locally as McMahons, the property has been part of Belturbet’s commercial life since the McMahon family acquired it in the early 1930s.

Over the decades it has accommodated a grocery business, furniture store, fuel depot, fishing tackle business, undertakers and more recently veterinary supplier, reflecting the property’s long-established role within the town.

Today, its size, prominent position and combination of commercial and residential accommodation provide an opportunity to create something entirely new while retaining an important piece of Belturbet’s commercial heritage.

Location
The property is exceptionally well located within the centre of Belturbet, close to the River Erne and within easy walking distance of schools, shops, churches and local services.
Bus services stop 150m away and provide connections towards Dublin, Cavan and Enniskillen, while Cavan town is approximately 20 minutes away. The town of Belturbet is fast developing as a residential and social hub, with over 4 million euro in the pipeline for social and cross-border projects.

Whether you are looking for a substantial town-centre premises, an owner-occupier opportunity, an investment or a property with residential development potential, 1 The Lawn warrants inspection.

Viewing is highly recommended.

OPTION 1 - RESIDENTIAL DEVELOPMENT
Apartments / townhouses
We have included a sample redevelopment plan showing 2 large two bedroom apartments and 2 large one bedroom apartments that would be achievable in the main commercial area subject to planning permission. There would also be the possibility of 4 townhouses in the same space also subject to planning permission. Additional to that the existing stable provides a perfect footprint for conversion to townhouse while the existing dwelling house would make up the 6th residential property.
There is a strong appetite for such development from Government and councils nationally and the sketches shown may be eligible for grants of €90k under the Croi Conaithe vacant property grant from end of 2027. There is also council funding available for Conversion of Former Commercial/Public Use Building which may apply as well.
There is also the possibility of applying for the Repair & Leasing Scheme (RLS) where the council will loan development costs and lease the property back from the owner.

OPTION 2 - INVESTMENT
Commercial premises + 2-bedroom residential rental
In its current layout the commercial premises would-be suitable for a variety of commercial enterprises – the well lit spaces would lend themselves very well to retail and office / co-working spaces.

OPTION 3 - HOSPITALITY
Restaurant / café / bar / food business
Given the size, town-centre location and proximity to the Erne, and in particular the light-flooded upper area, the premises would make an ideal food destination.

BER Details

BER Rating: C

BER No.: 119652378

Energy Performance Indicator: Not provided