Description
Accommodation
BER Details
Lot Number
Negotiator
Auction Location
Auction Time
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Mixed Use Development at French Church Street, Portarlington, Co. Laois
€950,000 
Mixed Use Development at French Church Street, Portarlington, Co. Laois
€950,000
| Beds | |
| Price | €950,000 |
| Property Type | Investment Property |
| Size | meters2 |
| Energy Rating | BER-C1 |
| Refreshed on | Nov 1, 2024 |
| Eircode | |
| Group Name | BidX1 Ireland Ltd |
| Sales License Number | 001652 |
Description
Substantial mixed use investment opportunity. Comprising a mix of ground floor retail units together with 15 x apartments and a townhouse. Contained within folios LS22339F and LS9180F Sitting on a total site area of approximately 0.33 ha (0.81 acres). Total floor area extending to approximately 947 sqm (10,193 sq ft). Town centre location. Current rent reserved 65,289 per annum. Gross yield 6.87% with significant reversionary potential. Vacant possession of 10 x apartments and 1 x retail unit. The property comprises a mixed-use commercial development situated in the town centre of Portarlington, Co. Laois. The properties arranged to provide three separate buildings interconnected with ground floor retail accommodation, multiple apartments over first and 2nd floor levels together with extensive car parking provisions to the rear. Further detail can be found in the tendency schedule below. Portarlington is a Midlands town in Co. Laois with a population of some 9,288 (as of the 2022 Census). The town is situated between Newbridge and Roscrea, approximately 90km south west of Dublin. Transport connections are principally provided by the M7 motorway situated directly to the south of the town providing access to both Cork and Dublin. The property is situated on the upper end of Main Street and to the rear of Main Street within the Tannery development. Surrounding occupiers include McLoghlins SuperValu, Centra, Paddy Power and Portarlington Pharmacy.
Accommodation
BER Details
BER: C1 Available from BidX1 Available from BidX1
Lot Number
18
Negotiator
Robert Hefferon
Auction Location
Online - BidX1
Auction Time
2024-11-21 10:30
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Property Price Register in Portarlington
25th Oct 24
SOLD FOR: €10,000
30th Aug 24
SOLD FOR: €18,600
1st Jul 24
SOLD FOR: €4,200
27th May 24
3rd May 24
3rd May 24
1st May 24
1st May 24
SOLD FOR: €19,000
25th Apr 24
SOLD FOR: €11,000
18th Apr 24
Property Price Register
BidX1 Ireland Ltd
Tel: 01 66...
PSRA Licence No. 001652
Date created: Nov 1, 2024
BidX1 Ireland Ltd
PSRA Licence No. 001652