Kilcolgan, County Galway, Ireland

Details

• Investment Opportunity - Tenants Not Affected
• Mixed-use investment opportunity located in the centre of Kilcolgan village in Co. Galway
• Situated in a high profile location with extensive frontage to the main N18 Galway to Limerick road
• Two-storey detached building on a self contained site comprising ground floor retail with overhead offices and apartments
• Extends to a toal floor area of approx. 15,255 sq ft
• Anchored by Centra, the ground floor retail units comprise a number of retail users including a pharmacy and barbers
• The first floor comprises four apartments (two no. 2-beds and two no. 1-beds) and a number of small office suites
• The property produces a rental income of €171,300 per annum with reversionary potential from vacant units
• Tenants not affected
• BER: B1 - D1 (Further detail available on request)
• Indicative Site Outline for identification purposes only

Location: Kilcolgan Business Centre is situated in the centre of Kilcolgan village with extensive profile and frontage to the N67 Road. Kilcolgan is located approximately 18 kilometres south of Galway City on the edge of Dunkellin Bay. The village occupies a strategic position at the junction of the N67 and R458 roads, making it an important gateway between Galway City and the coastal settlements of south Galway. It lies between the villages of Clarinbridge to the north and Gort and Kinvara to the south, providing excellent access to both urban and rural parts of the county. Its location combines the convenience of proximity to Galway City with the character of a traditional village setting, making it a desirable residential and business location within the county

Description: The subject property comprises of a large two-storey detached building, which is occupied by various tenants. The development formerly comprised two adjoining, two-storey buildings, which have been extended and connected in recent years The ground floor of is anchored by a convenience store trading as Centra located at ground floor level. The remaining ground floor accommodates a further three retail units comprising a pharmacy, barber shop and the former Roots Café, with a mix of office units and apartments on the first floor across both buildings. Parking is by way of a communal car park to the front of the building.