For sale by Clement Herron Real Estate via the iamsold Bidding Platform.
Please note this property will be offered by online auction (unless sold prior). For auction date and time please visit iamsold.ie. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.
We are delighted to welcome to the market this investment property with great opportunity for those looking to invest in real estate in Mountrath.
This property is for sale as a single lot of 1.6 acres/0.65 Ha and features:
Two adjoining sites firstly, on Main Street, a three storey premises C.420 sq. m/4520 sq. ft, on 0.32 acres/0.13 Ha. Secondly an adjoining paddock of 1.28 acres/0.52 Ha.
The main Street premises features 14 rooms in total the largest of which is 65.87 sq. m/709 sq. ft, making it suitable for a large family or as a rental property. In addition, there is a small commercial unit that was previously a pharmacy, making this property a great investment opportunity.
The main Street premises has rear access via a right of way to the Main Street.
The property is in need of some work and renovations, but with the right updates, it could become a valuable asset. The location of the property is also a plus, as it is situated in the heart of Main Street, Mountrath, close to shops, restaurants, and other amenities.
Investment Potential: This property has great investment potential, as it offers a range of possibilities. With the commercial unit, the property could be used as a mixed-use space with potential for rental income. Alternatively, the property could be renovated and converted into a single-family home or multiple rental units.
Don't miss out on this opportunity to invest in Mountrath's growing real estate market.
Features
Town Centre Location
Considerable Scope and Opportunity
c. 0.52 Hectare site
Investment Property offering Mixed use
Large paddock to the rear
Alarm
BER Details
Commercial Unit:
BER C2 / BER No. 800895724
Residential Unit:
BER G / BER No. 116226663
TO VIEW OR MAKE A BID Contact Clement Herron Real Estate or iamsold, www.iamsold.ie.
*Please note all properties are subject to a starting bid price and an undisclosed reserve. Both the starting bid and reserve price may be subject to change. Terms and conditions apply to the sale, which is powered by iamsold.
This property is offered for sale by unconditional auction. The successful bidder is required to pay a 10% deposit and contracts are signed immediately on acceptance of a bid. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale.
Building Energy Rating (BERs) give information on how to make your home more energy efficient and reduce your energy costs. All properties bought, sold or rented require a BER. BERs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that a property could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All properties are measured using the same calculations, so you can compare the energy efficiency of different properties.
Retail Unit:
46m2
Entrance Hall Lower:
6.50m2
Entrance Hall Upper:
9m2
Sitting Room:
23m2
Downstairs W.C:
5m2
Outdoor Porch: 2.50m2
Kitchen:
26m2
Upper Lobby:
14m2
Garage:
17.50m2
Living Room 2:
32m2
Room 1:
21.50m2
Room 2:
26m2
Room 3:
16m2
Room 4:
14m2
Upper Landing/Hall:
14m2
Hot Press & Upper Lobby:
6m2
Landing 2 (Rear):
2m2
Bathroom:
8m2
Attic 1:
29m2
Attic 2:
26.50m2
Attic 3:
31.50m2
Attic 4:
57m2
A non-refundable contract deposit of 10% (minimum deposit of €6,500.00) is required to be paid by the successful bidder for this property.
A Bidder Security Deposit of €4,500.00 is required to be pre-authorised from the bidders debit or credit card through the payment facilities on the auction website when registering to bid. A bidder has also the option of transferring the minimum deposit amount by bank transfer to iamsold's client account to authorise them to bid on the Online Auction (please note, this option may take several days).
The pre-authorisation amount will only be captured from the successful bidder on acceptance of their bid. This will form part of the non-refundable part payment contract deposit.
Any balance of the full contract deposit must be paid by the successful bidder to iamsold within 48 hours of acceptance of their bid. The deposit balance can be paid by debit/credit card, or same day bank transfer to iamsold's client account.
All unsuccessful bidders will have their pre-authorisations released OR their bank transfer refunded within 5 working days of conclusion of an auction or withdrawal of the Lot from the Online Auction.
Bidders are required to pay a non-refundable €50.00 (including 23% VAT) registration fee per property they register to bid on.
For further information or to speak to one of our team, please call 01 687 5040.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection, measurement or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. Properties may be sold via online auction or public auction and bids made prior to public auction may be accepted by the vendors. iamsold and our partner auctioneer will share relevant personal information and transactional updates with each other so that we can effectively market and sell properties including the arrangement of viewings and follow up.
