Investment yield 15%+, Commercial Building (plus Potential Overhead Apt), The Diamond, Carndonagh, Co. Donegal, F93ET95

For sale by Martin McGowan Properties 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 bring to you this commercial unit, formerly a bookmakers but could lend itself to numerous usages, situated in the heart of Cardonagh's Diamond. Neighbours include Bank of Ireland, Dental Practice, Jewellers, Barbers and Hardware Store to mention but a few. Once the property is tenanted, the property will provide a strong yield in the region of 15 - 20%. The commercial unit was last rented at €14,400 pa and there is potential to add a further €7200 if the upstairs is converted to an apartment. There is currently no access to the upstairs and access would need to be reinstated. In recent years there has been a strong local demand for core town centre premises which this property offers with its excellent connectivity to surrounding areas, with a central position ideal for retail and service-based businesses. Rear access via Bank openings as can be seen from the drone images. Accommodation Large open plan commercial unit. 9.76 x 3.73m (2.69m*) Back Lobby, W.C., Kitchenette combined measurements 3.88 x 3.06m Features Includes Burglar Alarm, Fire Alarm, Air Con Unit, Concrete Floor. *=measured to the widest point. BER B3 / BER No. 800833766 Ground Floor Area 44m2 TO VIEW OR MAKE A BID Contact Martin McGowan Properties or iamsold, www.iamsold.ie Auctioneers Comments: 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.