The property comprises ‘c’ 585 sq.m. spanning over 3.5 floors. It consists of 2 retail units comprising ‘c’ 120 sq.m. at street level with 3 entrances to the side. One of these has a large gateway leading to the lower ground floor. There is a large restaurant and large restaurant kitchen on the first floor in need of refurbishment plus a small yard to the rear and living accommodation on the 2nd and 3rd floors.
There is potential for development of substantial retail space at both the ground floor (Church St.) level, lower ground floors (Friary Lane) level and the upper levels. The property has entrances on both Church St and Friary Lane and has access on 2 sides.
At a recent meeting with the Westmeath Co. Council the possibility of developing this property was discussed and viewed favorably. They also indicated that they would be willing to discuss any further development plans with potential purchasers.
Church St is located in the heart of Athlone town centre. Athlone is considered to be the commercial capital of the midlands. It has a population of ‘c’ 21,349 (2016 census) and growing (5.9% increase from 2011). Most of the town lies on the east bank of the river, and the subject property, 37 Church St., is in the middle of the main street, right in the heart of the town. Athlone is a key component of the linked gateway for the Midlands, designated under the National Spatial Strategy. Significantly, a major enhancement of Church St is ongoing at present – the end result will include a new plaza with seating areas next to an historic church, and the subject property is at the hub of this development. It is also directly opposite the Athlone Town Centre (the tenants including M&S, H&M, Zara, TX Maxx and many more) and has the River Shannon Strand St to the rear.
Freehold Vacant Possession
|Address:||37 Church St.|
|Square Feet:||'c' 6300|