Property Description

52–54 Tullow Street, Carlow Town

Exceptional Mixed-Use Investment & Development Opportunity
REA Sothern are delighted to bring to the market this substantial mixed-use commercial investment occupying a prime position on Tullow Street, Carlow's principal retail and commercial thoroughfare.
Extending to approximately 1,700m² (18,300 sq.ft.), this landmark property represents a rare opportunity to acquire a significant town centre asset offering an attractive blend of existing income, vacant accommodation with considerable asset management potential, and long-term redevelopment opportunities, subject to the necessary planning permissions.
The property comprises an established ground floor retail/food unit, occupied by a tenant who is unaffected by the sale, together with extensive vacant accommodation over the upper floors. Formerly one of Carlow's best-known nightclubs, the building offers exceptional flexibility for a variety of commercial, leisure, hospitality or mixed-use redevelopment opportunities.
Adding further value is a self-contained two-bedroom apartment, providing excellent potential for additional rental income or owner-occupier accommodation.
Occupying a highly prominent town centre location, the property enjoys exceptional levels of pedestrian and vehicular traffic and is surrounded by a vibrant mix of national retailers, independent businesses, cafés, restaurants, financial institutions and professional services. The continued investment in Carlow through the Carlow 2040 Regeneration Strategy further enhances the long-term appeal of this prime commercial holding.
This is an outstanding opportunity for investors, developers, owner-occupiers or funds seeking a substantial commercial property with multiple income streams and significant future potential.

Key Features

Prime town centre location on Carlow's principal retail street
Extending to approximately 1,700m² (18,300 sq.ft.)
Significant mixed-use investment opportunity
Existing ground floor retail/food tenant providing immediate income
Tenant unaffected by the sale
Self-contained two-bedroom apartment offering additional rental potential
Extensive vacant accommodation suitable for asset management or redevelopment (subject to planning)
Former landmark nightclub with accommodation over multiple levels
Suitable for a wide range of commercial, leisure or mixed-use uses (subject to planning)
Located within the Carlow 2040 regeneration area
Excellent long-term investment and value-add opportunity
Guide Price: Offers in Excess of €675,000
Viewing is strictly by appointment through the sole selling agents, REA Sothern.

BER Details

BER No. 801068909

Energy Performance Indicator: 0.00 kWh/m2/yr

This property was last updated: yesterday morning