John Street has a good town centre profile with the building positioned opposite Allied Irish Bank, close to Bank of Ireland and the Headfort Arms Hotel and within immediate proximity to all other amenities.
Good opportunity to acquire a building which has just been fully refurbished to an excellent standard and the layout has been carefully changed to provide the maximum and most suitable return for an investor or business owner.
Address: John St, Kells, Co Meath
- The property has been restored to a high standard to include new kitchens, bathrooms and carpets.
- The owner has changed the layout to suit modern requirements and to maximise a rental return.
- Private car parking to the rear.
- Access to M3, Bus stop to Dublin/Cavan & Airport within walking distance.
- Listed as a Protected Structure in Kells Development Plan 2013-2019. ID KT017-064. Reg. 14313014.
- BER Exempt
The building provides a self-contained one-bedroom apartment on the ground floor along with a south facing shop unit facing onto John Street. The first floor is carefully laid out as a spacious 3 bedroom apartment.
The two apartments have new kitchens and bathrooms and the layouts of both apartments have been changed to ensure a best use of space. The retail unit and the apartments all have separate front door entrances and are suitable for occupancy immediately.
Retail unit – the retail unit fronts onto John Street and is suitable for a wide range of use given its central location. The space has potential to produce approximately €6,000 per annum.
One Bedroom Apartment – located on the ground floor and to the rear of the building, the impressive entrance hall is impressive and leads onto the main bathroom, an open plan kitchen dining and sitting area and a spacious separate bedroom. Potential to produce approximately €9,600 per annum.
Three Bedroom Apartment – this apartment is spread out over the entire first floor. With a bright sitting room to the front, two large double bedrooms, a single bedroom and a new kitchen dining space to the rear. The apartment has the potential to produce €14,400 per annum.
The potential annual rent for the building is €30,000 therefore providing an owner with just under a 10% return.
The Property is located opposite Allied Irish Bank on John Street in Kells. Located within walking distance of the Headfort Arms Hotel and all local amenities.