For Sale

3 & 5, Oliver Plunkett Street,
Mullingar,
Co. Westmeath

Investment property

Asking Price:€550,000

 

Egans are delighted to present this exceptional opportunity at no. 3 & 5 Oliver Plunkett Street to the open market for sale. The property consists of two ground floor retail units (tenant not affected) & 8 residential units located overhead which are currently unhabitable. The property also has the benefit of rear yard / car park with development potential (subject to obtaining the necessary planning permissions) which is accessed via Blackhall Street. No. 3 Oliver Plunkett Street consists of a ground floor retail unit with a floor area of c. 1,200 sq.ft and is currently leased to Oxfam Ireland at a current passing rent of €25,000 per annum.

Please note that this lease expired in June 2025 and the tenant is not affected by this sale. Please note that no. 3 Oliver Plunkett Street is included in the record of protected structures under the current Westmeath County Development Plan (ref 019-077). No. 5 Oliver Plunkett Street consists of a vacant ground floor retail unit with a floor area of c. 2,000 sq.ft which previously traded as Better Buys. The unit has the benefit of rear access via the car park / yard.

The first & second floors of no. 3 & 5 Oliver Plunkett Street consists of 8 disused apartments accessed via Oliver Plunkett Street which have been vacant for a number of years. The upper floors offer development potential for re-configuration / refurbishment subject to obtaining the relevant planning permissions.

The rear yard / car park is currently zoned mixed zoned under the current Westmeath County Development Plan. The entire property offers a rare opportunity to acquire a substantial mixed used property with in Mullingar town centre.

Summary: Ground floor units: c. 3,200 sq.ft

First floor: c. 2,680 sq.ft

Second floor: c. 1,530 sq.ft Total c. 7,410 sq.ft plus car park to rear (zoned mixed use) Tenant not affected. Please contact Egan's for a full information pack including floor plans.

Talk to Aiden today about this property

Call Aiden on 044 93 43044 or 086 3535226
Email
Aiden at aiden@eganauctioneers.ie