Main St.,

Excellent Investment Opportunity with Potential for further Development:  Fully Tenanted Premises with Private Carpark on C. 0.22 Acre Site.  370 sqm over 2 floors - 3 No. Retail Units & 3 No. Apartments (2 x 2 Bed & 1 x 3 Bed). Prominent Village Centre Location with Extensive Road Frontage. All Mains Services. 

FOR SALE BY ONLINE AUCTION: 11AM, THURSDAY 9th OCTOBER 2025 - https://readonohoespring.bidnow.ie/lot/details/159975.

This large, mixed use property occupies a prominent position within the village of Carrigallen.  Offered for sale by online auction with all 6 units rented & a substantial rental income.  Representing an affordable investment & business opportunity.

The C. 370 sqm/3983 sqft of Business & Living Accommodation Comprises;

Ground Floor:

Unit 1 (40 sqm) - Leased to a Hair stylist since 2012

Unit 2 (40.6 sqm) - Leased to Beauty therapist since 2019

Unit 3 (54.9 sqm) - Currently leased as fast food outlet since 2018.

First Floor: Communal front hall, staircase & landing (1.1 x 7.8),

Apartment 1 (82.4 sqm) - 3 bed leased to current tenant since 2019

Apartment 2 (62 sqm) - 2 bed leased to current tenants since 2017

Apartment 3 (48 sqm) - 2 bed leased to current tenants since 2018.  

Apartments can also be accessed by rear external staircase.

Current Annual Rent: €18,564.  Data sheets & Image schedules for each unit available on request. 

Externally the property has Approx. 35 metres frontage onto the R201 & adjoining public footpath.

There are 2 vehicular access points to the private rear carpark which provides ample parking for 6 vehicles with further parking spaces available a short distance North in a designated area along the R201. There is also a communal bin store (2.6 x 3.8) building & green space overlooking Carrigallen Lough.

This freehold property is serviced by connections to mains water, sewage & drainage.

High speed fibre internet is available. BER: C1 for commercial units & D1 for apartments.

Built of block construction with plaster exterior finish, slate roof & hardwood double glazed windows.

Located along the main throughfare of Carrigallen, an idyllic village with a wide range of amenities including; Secondary school, Convenience shops, 5 pubs (2 serving food), Corn Mill Theatre & Library. Less than 20 minutes’ drive to Ballyconnell & Ballinamore. Approx. 30 mins to Cavan, Carrick-on-Shannon & Longford. 90 minutes to Dublin (M50). GPS: 53.97720, -7.646462.

Pre-registration required – Go to bidnow.ie to register to bid & download legal pack.

Solicitors: John V. Kelly & Co, 27 Church Street, Cavan, Co. Cavan, H12 H950.  

Link:  https://readonohoespring.bidnow.ie/lot/details/159975

BER Details

BER Rating: E1

BER No.: 1185511860

Energy Performance Indicator: Not provided