In the bustling heart of Charlestown, Co. Mayo, an exceptional opportunity awaits those looking to invest in a prime retail space. This double town centre property, perfectly positioned to leverage excellent footfall, is not just a retail unit but a potential goldmine for entrepreneurs and investors alike. With two shop units each spanning 500 square feet, coupled with residential apartments, this property offers a unique blend of commercial and residential prospects.
This property is strategically located in Market Square, Charlestown, offering a substantial footprint with two terraced town properties. The double shop units at the front provide ample space for retail ventures, while the large undeveloped yard at the rear, extending to the laneway, adds versatile expansion possibilities.
The property currently houses fully occupied apartments, including two one-bedroom apartments on the ground floor and an additional two-bedroom and two one-bedroom apartments on the first floor. This setup not only provides immediate rental income but also promises a vibrant environment around your retail space.
Prime Location and Lifestyle
Charlestown, Co. Mayo, is renowned for its thriving community and strategic positioning. Market Square is a hub of activity, drawing locals and visitors alike, ensuring a steady stream of potential customers. The property’s location is ideal for businesses that thrive on high visibility and foot traffic, making it an excellent choice for retailers and service providers.
With its rich history and vibrant culture, Charlestown offers a lifestyle that blends modern amenities with a charming small-town feel. Residents and business owners enjoy the benefits of a tight-knit community, while also being within reach of larger urban centres.
Investment Opportunities
Priced at €395,000, this property offers a lucrative investment opportunity. The combination of retail space and residential units ensures a diversified income stream. Whether you’re looking to establish a new business, expand an existing one, or invest in rental properties, this property provides the flexibility to meet various needs.
Additionally, the property’s energy rating of C1 highlights its efficient use of resources, potentially reducing operational costs for businesses and tenants.
Detailed Property Features
The total size of the property is 46 m², offering a compact yet functional space for various uses. The strategic layout supports both commercial and residential functionalities, making it a sound investment choice. Unfortunately, specific details about parking access, the number of bedrooms and bathrooms, or furnishing are not available, but the property’s current tenant occupancy speaks to its desirability and potential.
The property is listed by Connaught Property, a trusted name in the real estate market. For more information or to schedule a viewing, you can contact them directly at [email protected] or by phone at +353 949255912.
For more details, click here to view the full ad on FindQo.
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