The Square,

DESCRIPTION
A rare opportunity to acquire a prime commercial and residential development site extending to approx. 0.46 acres, strategically located in the heart of Castlepollard, Co. Westmeath. Offered in two lots, this property boasts existing rental income, planning permission for residential development, and significant mixed-use potential.
Key Highlights
Lot 1 – Mixed-Use Development with Planning Permission (Approx. 0.33 Acres)
Key Features:
•
Existing Property:
Mixed-use building comprising a four-bedroom residence with a commercial frontage (1,474 sq. ft.)
Two one-bedroom apartments, in need of repair.
•
Development Potential:
Full planning permission granted for four 3-bedroom semi-detached homes, each approx. 900 sq. ft.
Proposed layout includes: entrance hall, living room, kitchen/dining area, guest WC, 3 bedrooms (1 en-suite), main bathroom, and storage.
This lot presents a compelling opportunity for a developer or investor seeking immediate income with approved development potential in a high-demand residential area.
Lot 2 – Established Retail & Residential Investment (Approx. 0.113 Acres)
Key Features:
•
Mixed-Use Property (Total: 2,819 sq. ft.):
Phone Shop (495 sq. ft.) – established retail unit with prominent frontage and leased at present.
Coffee Shop – Vacant at present
3/4 Bedroom Residence on the first floor – private entrance and spacious layout in need of repair
Outbuildings & Storage –sheds and stores offering further utility or redevelopment potential
Lot 3- Entirety with proposed development of four 3 bed houses, and development of existing property to a two bed townhouse, x2 two bed apartments, ground floor commercial unit and cafe.
Location Highlights
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Town Centre Location – Exceptional footfall and visibility in the heart of Castlepollard
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Strong Transport Links – Easy access to local and regional road networks
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All Amenities Nearby – Schools, shops, services, and public transport within walking distance
Development Opportunity
This is a versatile and high-yielding opportunity in one of Westmeath’s most established towns. With existing income, planning approval for residential expansion, and a central commercial location, this property offers a blend of short-term returns and long-term capital appreciation potential.
Total Area: 0.46 acre. Unit A  
Entrance Hall 2m x 4.5m 
Store 2.3m x 1.535m 
Living Room 3.7m x 4.25m 
Hallway 0.925m x 3.125m 
Kitchen 1.89m x 3.29m 
Bathroom 1.9m x 2.25m 
Landing 1.02m x 2.75m 
Dining Room 4.625m x 4.415m 
Bedroom 3.46m x 3.15m 
WC 1.381m x 1.41m 
Storage 0.59m x 1.05m 
Unit 2  
Flower Shop 3.92m x 6.707m 
Cake Shop Entrance 2.9m x 6.707m 
Cake Shop Main Floor 4.46m x 3.807m 
Exterior Store 2.06m x 2.35m 
Shed 5.083m x 2.068m 
Entrance Hall to Residence on First Floor 1.89m x 5.615m 
En-Suite 0.9m x 2.5m 
Sitting Room 3.29m x 3.92m 
Proposed Three Bed Houses  
Kitchen/Dining Area 3.5m x 5.8m 
Guest WC 1.15m x 1.7m 
Bedroom One 3.45m x 3.25m 
Bedroom Two 3.498m x 3.45m 
Study/Bedroom Three 2.25m x 1.57m 

Castlepollard (Irish: Cionn Toirc) is a large village in north County Westmeath. It lies west of Lough Lene and northeast of Lough Derravaragh and Mullingar. Bus Éireann route 111 serves Castlepollard at frequent intervals, linking it to Dublin, Trim, Athboy, Delvin, Abbeylara, Granard and Cavan. The town has a good retail base, and is a vibrant commercial centre for North Westmeath, consisting of Filling Stations, Banks, Post Office, Council Buildings, primary and secondary schools, a number of Grocery/Newsagent Shops, Hairdressers, Beauty Salon's, Boutiques, Drapery stores, Furniture stores, Pharmacy's and a large Hardware store. Castlepollard also has number of pubs and a hotel.