Added 13 hours ago

Asking Price €170,000

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Main Street

Dunmanway, P47HH95

1 Bed Apartment

Apartment

1 Bedroom

1 Bathroom

BERG
Agent Logo

Marketed by Lehanes And Associates Ltd

PSR Licence: 001406

+353 23 884 5481

Property Information

Size:

105 sq m (1,130.2 sq ft)

Tenure:

Not Provided

Financial Information

Stamp Duty:

€1,700*2

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Additional Information

Lehanes & Associates are delighted to offer for sale this attractive town-centre property on Main Street, Dunmanway.
This property presents an excellent opportunity for an owner-occupier, investor or entrepreneur to acquire a commercial premises with residential accommodation overhead, with the added potential benefit of the Vacant Property/Over the Shop Grant scheme.

THE PROPERTY
The property comprises a ground-floor commercial unit with a one-bedroom apartment overhead.
The commercial premises offers excellent visibility onto Main Street and would suit a variety of potential uses, subject to the necessary planning requirements.
The first-floor apartment has been vacant for a number of years and requires completion of renovation works. Once finished, it would provide valuable residential accommodation in the heart of Dunmanway.

MAJOR GRANT POTENTIAL
A particularly attractive feature of this property is its potential eligibility for grant assistance of up to €100,000 under Cork County Council's relevant vacant/over-the-shop property scheme, subject to the terms of the scheme, application and approval.
This could provide a purchaser with a significant opportunity to transform a currently vacant upper-floor property into modern residential accommodation, while also upgrading the commercial element.

LOCATION
Situated prominently on Main Street, Dunmanway, the property is within easy walking distance of the town's shops, cafés, restaurants, professional services and other amenities.
Dunmanway is an established market town serving a wide rural hinterland in West Cork, approximately 45 minutes from Cork Airport and within convenient driving distance of Bandon, Bantry and the surrounding West Cork towns and villages.
IDEAL FOR
• Owner-occupier seeking commercial premises with residential accommodation
• Investor looking for a mixed-use property
• Business owner seeking a town-centre location
• Purchaser wishing to avail of potential vacant-property grant assistance
• Development opportunity with the potential to create a modern one-bedroom apartment overhead
KEY FEATURES
• Prime Main Street location
• Ground-floor commercial unit
• One-bedroom apartment overhead
• Apartment vacant for several years
• Renovation required upstairs
• Potential grant assistance of up to €100,000*
• Excellent opportunity to add significant value
• Mixed commercial/residential potential
• Suitable for owner-occupier or investor
* Grant availability and amount are subject to the relevant Cork County Council scheme, eligibility criteria, application and approval.

A PROPERTY WITH REAL POTENTIAL
Properties combining town-centre commercial space with residential accommodation are increasingly sought after. With the potential availability of substantial grant funding, this property offers a purchaser the opportunity to take a vacant upper floor and create a modern one-bedroom home while improving the overall property. Viewing is highly recommended and can be arranged strictly through sole agents.

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Agent Logo

Marketed by Lehanes And Associates Ltd

PSR Licence: 001406

+353 23 884 5481

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Property For Sale in P47 HH95 | Property For Sale in P47 | Property For Sale in County Cork | Property For Sale in Dunmanway | Lehanes And Associates Ltd *² Stamp Duty information is provided for guidance purposes only. Please check the Office of the Revenue Commissioners website for further details. (https://www.revenue.ie)