Colleran auctioneers is offering a rare opportunity to acquire a commercial and retail development property in the city centre less than 100 metres from Shop Street. No 24 Middle Street is being sold with full planning permission to demolish and construct a commercial unit on the ground floor and two additional floors overhead with large one bedroom apartments on each floor.
Located opposite the Taibhdhearc, the property is adjacent to the famous King's Head pub on a street already filled with thriving restaurants, pubs, and retail units. It is rare to find a city centre property like this offered for sale with full planning permission already granted, saving all the time, costs, and difficulty associated with planning. As a result, No 24 Middle Street offers a developer the opportunity to commence work almost immediately.
If you are not a developer, but have funds to invest or are looking for a property to put into your pension fund, then Middle Street could be purchased without being developed and sold on in a number of years to a builder.
At an advised minimum value of only €200,000 this is certainly a property to enquire about.
No 24 Middle Street will be offered for sale by public auction on November 26.
For further details and a copy of plans contact Colleran auctioneers at 091 562293.