Galway Road, Loughrea, Galway H62 YF22

Price
€495,000

Type
Commercial Mixed Use

Status
For Sale

Description

A rare opportunity to acquire a versatile mixed-use property comprising two retail units with shop fronts, (one is currently used as a furniture shop) with attached warehouse, shed, yard and warehouse with archway to public street by double doors,
and a three bedroom residential flat above, offered for sale as a going concern (furniture business) or as a standalone building investment.

Investment potential
Ideal for an owner operator looking to combine home and business, an investor seeking mixed rental income, or a developer seeking a refurbishment / conversion project (subject to planning)

The property is being offered for sale as a going concern (furniture business) or as a stand-alone mixed use unit. There are three business opportunities: a large main shop approx. 630.4 sqm , a smaller shop, 38.15 sqm, Attached warehouse 57.64 sqm, large storage yard with double door access to main road 39.6 sqm, Shed: 29.16 sqm

To arrange an appointment please call Farrell Auctioneers, Valuers and Estate Agents Ltd on (091) 632-688 or email colm@colmfarrell.com

Features

Flexible Use: retail, trade counter, storage or redevelopment potential
Separate residential income / owner occupier potential
Sold as a business with fixtures, fittings and goodwill or bricks and mortar only
External Yard and Storage space with Double doors to Front
Located in Loughrea Town Centre
Prominent Position on Galway Road with good footfall and passing trade

Accommodation

RESIDENTIAL UNIT

Entrance Hall - 2.5m (8'2") x 1.9m (6'3") : 4.75 sqm (51 sqft)
Front Door Sealed with Signs for Security

Hall 2 - 0.9m (2'11") x 2m (6'7") : 1.8 sqm (19 sqft)
Contains understair storage

Cloakroom - 0.68m (2'3") x 1.2m (3'11") : 0.82 sqm (9 sqft)

Landing 1 - 1.78m (5'10") x 0.9m (2'11") : 1.60 sqm (17 sqft)
facing rear

Landing 2 - 2.86m (9'5") x 0.76m (2'6") : 2.17 sqm (23 sqft)

Landing 3 - 0.94m (3'1") x 5.07m (16'8") : 4.77 sqm (51 sqft)
Provides access to attic, hot-press

Bedroom 1 Facing Rear - 3m (9'10") x 3.1m (10'2") : 9.3 sqm (100 sqft)
Carpeted and built in wardrobe

Bedroom 2 - 4.16m (13'8") x 2.9m (9'6") : 12.06 sqm (130 sqft)
Faces front, built in wardrobe, carpeted, w.h.b.

Hotpress - 0.86m (2'10") x 0.77m (2'6") : 0.66 sqm (7 sqft)

Bedroom 3 - 3.25m (10'8") x 3m (9'10") : 9.75 sqm (105 sqft)
Facing front of house, Vinyl floor

Bathroom - 3.78m (12'5") x 1.1m (3'7") : 4.16 sqm (45 sqft)
Faces rear, w.c. w.h.b., vanity uit, vinyl floor

Bathroom Bath Alcove - 0.87m (2'10") x 1.65m (5'5") : 1.44 sqm (15 sqft)
Contains bath

Living Room - 3.7m (12'2") x 4.25m (13'11") : 15.72 sqm (169 sqft)
Facing rear, vinyl floor, open floor with granite hearth, carved timber surround, center light

Kitchen - 4.95m (16'3") x 2.38m (7'10") : 11.78 sqm (127 sqft)
Facing front, fitted kitchen, cooker, washing machine, fridge, stainless steel sink and mixer tap, center light

LARGE RETAIL SHOP UNIT

Back Office - 2m (6'7") x 0.73m (2'5") : 1.46 sqm (16 sqft)
Exit Door to yard, shelving

Front Shop - 6m (19'8") x 928m (3044'7") : 5568 sqm (59933 sqft)
Large shop window facing road, tiled floor, suspended ceiling, strip lighting

Back of Shop - 9.78m (32'1") x 7.63m (25'0") : 74.62 sqm (803 sqft)
Suspended ceiling, strip lighting, commercial heater run on kerosene, access to office and yard

Alcove at back of shop - 2.75m (9'0") x 1.37m (4'6") : 3.77 sqm (41 sqft)
Tiled floor, strip lighting

Alcove - 3.57m (11'9") x 1.37m (4'6") : 4.89 sqm (53 sqft)

YARD AND STORAGE

Warehouse - 5.25m (17'3") x 10.98m (36'0") : 57.64 sqm (620 sqft)
Shelving, sliding door

Commercial Open Yard and Arch-way - 11m (36'1") x 3.6m (11'10") : 39.6 sqm (426 sqft)
Commercial open yard and arch-way to public street with Double Door, suitable for business premises

Shed - 3.43m (11'3") x 8.5m (27'11") : 29.16 sqm (314 sqft)
Contains oil tank

SMALLER RETAIL SHOP

Commercial Shop Unit - 3.5m (11'6") x 10.9m (35'9") : 38.15 sqm (411 sqft)
Shop unit, facing front with w.c., w.h.b., strip lighting and tiled floor

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