Parkhouse 39/40 Duke Street, Athy, R14 W583

Prime Commercial/Investment property. For sale by Private Treaty
Presenting one of the finest investment opportunities to come on to the market in recent years.
This Victorian three storey building was extended and redeveloped in 2010,

The ground floor retaio unit faces onto Duke Street with two large display windows and measures approx. 205sq meters. It is currently occupied by a pharmacy with multiple branches and known nationwide on a ? year lease.
Current rent approx. €25,000 per annum.
Unit 2 comprises of shop, treatment room, dispensary, staff canteen, staff toilet and store room.

Overhead is 4 self-contained residential units are made up of 2x 1 bedroom Apartments, 2x 2 bedroom apartments and a 3 bedroom bungalow.
These units are accessed from the rear of the property and are currently occupied andlet in their entirety.
Current rental income of approx € per annum.

In 2023 planning permission was granted for change of use for unit 1 from a retail unit to aself contained 1 bedroom apartment.
This unit is located next to nit 2 and fronts onto Duke Street. This unit will have its own door entry. No work has commenced on this part of the property.
The proposed accommodation includes living room , Kitchen/Dining Room, 1 Bedroom, 1 Bathroom.
(Planning reference 23182)

The entire property sits on a site measuring c. 0.070 ha with frontage onto Duke St and St John's Lane. The property has been extremely well maintained and meets all modern regulations.

Title freehold.
No Management fees.

There are 5 storage sheds in the service yard and parking spaces for 2 cars to the rear.

For Full Details contact Connaughton Auctioneers