Merchant House, Main Street

Town-Centre Cafe Premises & Five Apartments

Asking Price: €975,000

Current Annual Rent Reserved: €65,640 Gross Rental Yield: Approximately 6.73%

DNG Dorrian is delighted to present this substantial mixed-use property occupying a prominent position on Upper Main Street in the heart of Killybegs. Comprising extensive ground-floor cafe premises with five self-contained apartments (Fully Tenanted) across the first and second floors, the property offers an attractive opportunity for investors and owner-operators alike.

Constructed in the early 2000s, the accommodation offered extends to an estimated 420 sq.m (4,521 sq.ft), subject to verification by a measured survey. The property benefits from circa 12 metres of Main Street frontage, together with additional frontage onto Conlin Road.

Ground-Floor Cafe Premises

The ground floor accommodates Mrs. B's Coffee House Cafe, with the two former commercial units and former rear apartment now combined to form a single cafe premises. This provides an extensive arrangement of customer and ancillary accommodation in a prominent town-centre setting.

Mrs. B's Cafe is being sold as a going concern. The café's fixtures, fittings and goodwill are available at a separate price, to be agreed in addition to the advertised property price of €975,000. They are not included in the advertised asking price.

Residential Accommodation: The first and second floors accommodate five self-contained apartments, comprising:

- Three one-bedroom apartments.

- One two-bedroom apartment.

- One three-bedroom apartment.

This varied accommodation mix complements the commercial element and will appeal to purchasers seeking business premises alongside residential investment accommodation.

Approximate Floor Areas

- Ground floor: 153 sq.m, including the residential entrance and stairwell.

- First floor: 134 sq.m.

- Second floor: 133 sq.m.

- Total accommodation offered: Approximately 420 sq.m (4,521 sq.ft).

These provisional areas are based on the available architectural drawings, include common circulation and remain subject to confirmation by a measured survey of the current building.

Features

• Current annual rent reserved of 65,640 with a Gross Rental Yield of approximately 6.73%, before purchase costs and operating expenses.
• Prominent position on Upper Main Street, Killybegs.
• Extensive ground-floor café premises.
• Mrs. B's Coffee House Café offered as a going concern, with fixtures, fittings and goodwill priced separately.
• Five self-contained apartments across the first and second floors.
• Approximately 12 metres of Main Street frontage
• .Additional frontage onto Conlin Road.
• Constructed in the early 2000s.
• External elevations finished in K-Render.
• Viewing by appointment with DNG Dorrian. Telephone: 074 973 1291 Email: [email protected]