Green Street, Castlepollard, Co. Westmeath
€650,000
Investment Property For Sale9,505 sq. feet (883 sq. metres)
Rating:

Contact Name: Lorcan Fox
Selling Agent:
Foley Auctioneers
PSR Licence Number: 002709
Email Agent Call 01 8259622Property Description
At ground level, the property hosts a thriving, well-established supermarket, off-licence, and post office.
The ground floor is fully let to reliable leaseholders who are unaffected by any future development and are currently paying a highly competitive rent, ensuring an immediate and stable income stream for the new owner.
Above, the first floor presents an exceptional opportunity to add value. There are plans for five apartments, offering the chance to capitalise on strong and growing demand for quality housing in the area.
Whether you choose to develop and rent, sell, or hold as a long-term asset, the potential for enhanced returns is clear.
Castlepollard itself is a vibrant and expanding town with excellent connectivity, making it increasingly attractive for both residents and businesses alike. This property uniquely combines security and growth: dependable commercial rental income alongside a ready-to-execute residential development project.
Ideal for seasoned investors and developers seeking a balanced portfolio addition, this is an opportunity with both immediate yield and future upside.
Property Layout:
Ground Floor (c.422 sq.m)
Supermarket, Off-Licence & Delicatessen
Post Office
Store Rooms
Offices
Toilets
First Floor (c.461 sq.m)
Large Open Plan Area
Store Rooms
Offices
Toilets
Canteen
*Plans for 5 Apartments on First Floor
3 x 1 Bedroom
2 x 2 Bedroom
Occupancy:
TENANT NOT AFFECTED
Lease & rent details on request
BER Details

BER No. 801138488
Energy Performance Indicator: 296.28 kWh/m2/yr
This property was last updated: 3 days ago