Main Street, Bailieborough, Co. Cavan

Mark Lawlor is delighted to bring this attractive mixed-use development offering a compelling investment opportunity, comprising four residential apartments, ground-floor commercial accommodation and significant additional development potential.

The existing residential element consists of four self-contained apartments, comprising two 2-bedroom apartments and two 1-bedroom apartments, providing a versatile mix of accommodation suited to a range of tenants and rental requirements. The ground floor comprises commercial accommodation, offering potential for a variety of business uses, subject to the relevant planning and statutory requirements.

To the rear of the property is a substantial garden area, providing valuable outdoor amenity space for the existing residential accommodation. Alternatively, this area may offer further development potential, subject to obtaining the necessary planning permission and statutory approvals.

A particularly attractive feature of the property is the internal courtyard, which benefits from planning permission for the renovation of the existing buildings to six townhouses, comprising five 2-bedroom townhouses and one 1-bedroom townhouse. This consented development opportunity provides a purchaser with the potential to significantly enhance the property's overall value and income-generating capacity.

Combining existing residential accommodation, ground-floor commercial space, a substantial rear garden and approved plans for additional residential development, this property represents an exciting opportunity for investors, developers and owner-occupiers alike.

With a combination of existing rental potential and a significant development opportunity, the property offers scope to create a larger mixed-use scheme while retaining the flexibility to explore further development of the rear garden, subject to the necessary planning permission approval.

An excellent opportunity to acquire a mixed-use investment with existing accommodation, commercial potential and planning permission for six additional residential townhouses.

More about the location...
The property occupies a prominent position on Main Street in Bailieborough, in the heart of the town centre. The location benefits from its central position along the town’s main commercial street, providing convenient access to a range of local shops, businesses, cafés and essential services. Bailieborough is an established market town serving the surrounding rural hinterland, with access to local amenities, community facilities and transport links connecting the town to other centres in the region.

The property’s town-centre location offers potential appeal to investors seeking an asset in an established commercial setting, with visibility and accessibility supporting a range of potential uses.