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46 Holborn Hill,

Belturbet

Investment Property

Price €175,000

Agent Logo

Contact Terry Hyland Estate Agents

PSR Licence: 004166

+353 49 438 0434

Property Overview

Status

For Sale

Style

Investment Property

Property Features

Energy Rating

BER rating D1

Property Financials

Price

€175,000

Property Engagement

Views All Time

29

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property description imageWe have been instructed to introduce to the market this mixed use property, namely McKenna's, formerly McDonald's, at 46 Holborn Hill, Belturbet.

Formerly a retail unit that traded successfully for many years, extensive works have been undertaken in the recent past to upgrade and modernise.

The ground floor consists of one large open space, formerly the retail unit and store, with a floor measurement of 100 sq. m. / 1076 sq. ft. This space could easily be turned back into retail space or, under change of use, would make a fine two bedroom apartment with a studio unit to the rear.

The first floor consists of a comfortable one bedroom apartment of 50.2 sq. m. / 540 sq. ft., with a kitchen/dining/living area, a large double bedroom with a fitted press, and an adjacent shower room. This unit has access from Holborn Hill. Directly behind this, is a two bedroom apartment of 56 sq. m. / 603 sq. ft., accessible from the rear by way of an external stairway. This apartment also has an open plan kitchen/dining/living space with two good sized bedrooms and a shower room. The views from this apartment are stunning, with an elevated view of the River Erne and green countryside beyond.

There is the addition of a garage, the roof of which would provide access to the rear studio, should it be developed. There is a lane to the rear, which is well maintained, with access to the back of this property, with further room to develop.

This is a very deceiving property, looking size wise the same as all of the other adjacent properties, but is more than twice the size of most.

This is an ideal investment property, either as a retail unit with apartments above, or, with change of use, four apartments in total, with an estimated rental yield of 2,600 per month, which even taking into account the cost of conversion, would give a 10% yield, a business opportunity not to be missed.

This property overlooks the River Erne from the rear, is just a 20 minute drive from Cavan town, a 30 minute drive from Enniskillen, and less than a two hour drive to both Dublin and Belfast, with the prestigious Slieve Russell Hotel, with its numerous golf courses and health & spa unit being just a 10 minute drive away. There is a constant bus service to Dublin, with Local Link transport to Cavan, and a bus service to Enniskillen.

Belturbet boasts three primary schools, one secondary school, a first class hotel, with coffee shops, eateries, and shops all at your doorstep.

For further information please contact our office on 049 438 0434.


*Ground floor unit*
BER - D1
BER no. 800492811
20.4m x 5m


*Front apartment*
BER - G
BER no. 108765025
Entrance lobby - 2.2m x 1.44m
Kitchen/dining/living area - 5.4m x 4.4m
Bedroom - 3.89m x 3.29m
Shower room - 1.96m x 1.75m
Hallway - 3m x 0.92m


*Rear apartment*
BER - G
BER no. 108765090
Kitchen/dining/living area - 4.82m x 4.40m
Hallway - 4.3m x 1.1m
Bedroom 1 - 3.75m x 3.70m
Bedroom 2 - 3.70m x 2.83m
Shower room - 2.25m x 1.38m

BER Details

BER Rating: D1

BER No.: 800492811

Energy Performance Indicator: 1403.77 kWh/m²/yr

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