Imagine owning a piece of prime real estate in the bustling heart of Sligo town centre, overlooking the serene River Garavogue and the expansive Sligo Bay. The opportunity to invest in a substantial five-storey commercial building with a basement, offering panoramic water views and significant redevelopment potential, is now available. This exquisite property, listed on FindQo Properties, is a gem waiting to be polished into a high-return investment.

Located on Markievicz Road, this property boasts a significant frontage, also touching Holborn Street. It was formerly home to a vibrant bar and restaurant on the ground floor, with a music venue occupying the floors above. The spacious basement was utilised for keg and cold storage, making it a highly functional space for various business operations.

Accommodation Breakdown

The property offers a generous total area with each floor dedicated to specific functionalities:

Ground Floor: A vast 207 sq. m. (2,230 sq. ft.) space, perfect for a bar or restaurant. It includes stairwells and dual access from Markievicz Road and Holborn Street.

First Floor: Also 207 sq. m. (2,230 sq. ft.), previously used as a music venue, this space is ideal for entertainment or creative enterprises.

Second Floor: At 84 sq. m (920 sq. ft.), it features a mezzanine or balcony area that overlooks the stage below, adding a touch of elegance and space.

Third Floor: This 124 sq. m. (1,334 sq. ft.) area offers another mezzanine or balcony space, perfect for private functions or office space.

Top Floor: Spanning 66 sq. m (712 sq. ft.), it includes a western aspect external balcony, offering breathtaking views of Sligo Bay.

Basement: Comprising 207 sq. m. (2,230 sq. ft.), this area is ideal for storage, featuring keg and cold storage facilities.

Redevelopment Opportunities

This Sligo commercial property is ripe for redevelopment, with the potential to be transformed into luxury residential units or state-of-the-art office spaces, subject to planning permission. Its location and layout make it adaptable for various uses, promising lucrative returns.

Unmatched Location and Lifestyle

Nestled in one of Sligo town’s most coveted areas, this property offers a lifestyle of convenience and vibrancy. The area is known for its bustling atmosphere, with easy access to local amenities, shops, and cultural attractions. The stunning water views provide a serene backdrop to this prime location, making it a desirable spot for both businesses and residents.

Investment Details

The property is available for a competitive price of €375,000, presenting an attractive investment opportunity. With an energy rating of E1, it is poised for upgrades that could enhance its efficiency and appeal.

Contact the Seller

Interested investors can reach out to Property Partners Mulholland for more information. Contact them via email at [email protected] or call +353 872629464.

For more details, click here to view the full ad on FindQo.

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