O'Reilly'S, Xl, Ballinlough, Crossakiel, Co. Meath, A82F3P3

Hugh Morris Alliance Auctioneers is delighted to bring this superb investment property to the market. This property is a substantial mixed-use commercial/residential and retail building located in the quaint village of Ballinlough, Co. Meath. This investment opportunity offers an excellent potential yield with the multiple aspects of the business opportunities available in this purchase. Residential: A good-sized three-bedroom property in need of modernization. The property offers an abundance of natural light. The entrance hallway on the ground floor leads through to a spacious living room to the right. Stairs leading to the first floor have a half return that leads to the landing. To the left are two bedrooms with fitted wardrobes, one facing to the front and to the rear of the property. To the right there is a good-sized third bedroom with window to rear. There is a spacious front facing kitchen/Living room with eye to floor-level kitchen units with an island. The family size bathroom completes the accommodation. The property is offered with vacant possession with rental potential in the region of €14,400 per annum. There is also a 1 bed apartment located just at the rear of the 3-bed property. Accommodation comprises of a Kitchen/dining, Bedroom and bathroom. The property is offered with vacant possession with rental potential in the region of €7,200 per annum. Retail and Service Station: The existing retail unit and service station are currently let and benefit from a strong tenant covenant. Upon the entrance to the shop there is a self-service coffee station. The shop features a tiled deli area fully fitted with appliances and tiled floors throughout. At the rear of the shop there is a door that leads to a fully fitted commercial kitchen with stainless steel sinks, commercial fryers, ventilation system and stainless-steel worktop counter space. Just off that room is a good-size rear storage room. The current rent roll is €12,000 per annum. Externally, there is good access onto the forecourt area which provides 4 fuelling pumps. There are several customer car parking spaces available around the perimeter of the site. Public House: The Halfway House Pub has been a long-standing business within the community, hosting many social events throughout the years. This is a rare opportunity to acquire a fully licensed, turnkey hospitality business occupying a substantial site in Ballinlough Village. As you enter through the double doors you’re met with a large open plan bar area with varied height seating choices. The pub was fully refurbished in 2022 offering paneled walls in rich tones along with upgraded gold light fittings throughout. The bar area on the right has a tiled floor with a log stove offering a cozy evening option. To the left there is seating with a timber floor area. There is a marble effect feature partition wall with an electric fireplace. There are ladies/gents toilets situated close to the main doors. The pub is leased with a current rental income of €12,000 per annum. Double doors at the rear lead into a large open plan room that can either be used as a function room or restaurant. The room has a timber flooring insert with tiles around the perimeter of the room. There is a fitted kitchen area up on the right-hand side of the room with partial tiles and timber flooring. On the left-hand side of the room up a few steps is where the stage area was, which has now been enclosed to add a room. The ceiling is a real conversation starter due to its nautical resemblance. The main room has its own double door access with ladies/gents/disabled toilets and an office. Just off the main room there is a door that leads into a hallway where there are three separate rooms that are currently used as bedrooms but can be used as meeting rooms. All fully carpeted, windows to rear and wardrobes. Down the hallway there is a bathroom with shower area and w.h.b with lino floor. Next door is a utility room that is plumbed for a washing machine with counter space and a separate w.c. and w.h.b. There is a small kitchenette area close to these bathrooms. A single door at the end of the hallway leads to a fully enclosed private rear tarmac yard. Access from just off the kitchen area in the main room leads to a half roof covered rear beer garden. The Beer Garden is fully enclosed with gate access to carpark giving added privacy. Externally the entire site is approximately 0.827 Acres or 0.335 Hectares. This rear section of the property is vacant and has multiple business opportunities. It has a rental potential in the region of €18,000 per annum. Location: Ballinlough is a rural village approx. ten min drive from kells town. Amenities include national school (more National and Secondary schools available in Kells town), church, shop and public house. GAA, hurling and camogie clubs are also a strong part of the community. More amenities are available in the larger towns of Kells, Athboy and Navan. Easy access to the M3 motorway within a short drive away. All major routes are easily accessible from the M3 such as Cavan, Navan and Dublin.