51 Main Street,

Introducing an exceptional investment opportunity, located in the heart of the busy Town of Ballybay, Co. Monaghan.

This property boasts a lucrative blend of Commercial and Residential accommodation, with access to a yard via an alleyway on the left hand side of the property, adjacent to the yard there is an unused rear, stone-built structure, providing potential for additional, future expansion (STPP).

The ground floor features a commercial unit, with double-window display, which is currently leased (from 2011) and has been renewed under a new 21-yr lease from 2021, generating an impressive annual income of €21,320. With its prominent location on the bustling Main Street, this property promises steady foot traffic and high visibility, ensuring continued success for any business venture.

Ascend to the upper floors, and discover four, purpose built, one-bedroom apartments, contributing €33,000 annually to your investment portfolio. These modern living spaces offer residents the perfect balance of style and convenience, ideal for attracting long-term tenants.

This property enjoys proximity to key destinations - just a short 10-minute drive to Monaghan or Castleblayney Towns.

Early viewing is advised with the Sole Selling Agent.

21 year lease review every 5 years - €21,320 – 01/05/2021

Apt 1 – E2 – start date 20/02/2023 €650 p/m

Apt 2 – D2 – start date 20/10/2023 €800 p/m

Apt 3 – E2- start date 30/07/2023 €650 p/m

Apt 4 – D2- start date 26/06/2023 €650 p/m

Commercial BER C2