Investment opportunity

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Lower Bridge Street, Mullaghstones, Athboy, County Meath, Ireland

Size: 235 m2
235000

4&5 Lower Bridge Street comprises of a large mixed use commercial building in the heart of Athboy town. The properties are within walking distance of all town amenities and public transport. Both properties have access to a large yard at the rear that offers long term development opportunity.

4 Lower Bridge Street comprises of a ground floor commercial unit extending to 43 sq m and a one bedroom new-home with its own door access from ground level. The new-home is in good condition and is currently producing a rent of €9,600 per annum.

5 Lower Bridge Street comprises of a ground floor commercial unit extending to 64 sq m and a three bedroom new-home with its own door access from ground level. The new-home has the benefit of a large external balcony and we understand it is producing a rent of €10,000 per annum.

The property has significant asset management potential with possible conversion to residential and further residential development that could deliver significant income returns for an owner.

The properties are being offered for sale by private treaty guiding €235,000 or they can be bought as part of a larger portfolio including number 3 Lower Bridge Street, Athboy.

For the avoidance of doubt both tenants are unaffected by the sale.