Roundtower House, Castle Street, Lanesborough Street, Roscommon Town, Co. Roscommon, F42EV82

ROUND TOWER HOUSE Castle Street & Lanesborough Street, Roscommon Town, Co. Roscommon Prime Landmark Town Centre Commercial & Residential Investment Opportunity – c. 3,500 sq.ft. Keith McLoughlin of Sheehy Meares Real Estate is delighted to bring to the market Round Tower House, a substantial landmark commercial and residential property occupying a highly prominent corner position in the heart of Roscommon Town. Extending to approximately 3,500 sq.ft. overall, this distinctive property comprises two adjoining buildings with extensive frontage onto both Castle Street and Lanesborough Street, overlooking the Market Square. Known locally as The Round Tower, the original Castle Street property dates from circa 1900 and is a distinguished cut-stone building with a striking curved façade and impressive architectural character. Together with the adjoining Lanesborough Street property, the buildings enjoy approximately 100 ft of combined street frontage, offering exceptional visibility to passing pedestrian and vehicular traffic. The property is being offered for sale with vacant freehold possession and provides a rare opportunity for investors, owner-occupiers or purchasers seeking a substantial mixed-use property with commercial and residential income potential in a prime town-centre location. Commercial Accommodation The commercial accommodation comprises two adjoining properties, currently interconnected at ground-floor level, with the flexibility to operate together or potentially as two independent commercial units, subject to any necessary consents. Round Tower House – Castle Street The original Round Tower building extends to approximately 2,700 sq.ft. and was formerly occupied as a pharmacy. Its distinctive curved frontage, large feature arched windows and prominent position overlooking the Market Square provide an impressive setting for a wide range of commercial uses. The ground-floor commercial accommodation extends to approximately 1,127 sq.ft. and provides a bright, spacious open-plan retail area with excellent natural light and extensive display frontage. The existing retail fit-out includes fitted shelving, counters, suspended ceilings, recessed lighting and tiled flooring, complemented by generous floor-to-ceiling heights. The large arched windows are a particularly attractive feature, providing excellent opportunities for window displays while allowing natural light to flow throughout the retail space. The building also incorporates residential accommodation on the upper floors, offering the potential to combine a ground-floor commercial business with a separate residential income stream. Adjoining Lanesborough Street Property The adjoining Lanesborough Street property is a two-storey commercial building dating from circa 1980 and extending to approximately 800 sq.ft. Currently interconnected with the main retail premises, this property benefits from its own street presence and entrance, offering the potential to operate independently of the Round Tower building. The accommodation includes an office, consultation room, staff room and attic storage space. Its configuration provides considerable flexibility for a variety of commercial uses, including offices, professional services, consultancy, medical or other business-related activities. An important feature of the sale is that the two buildings are held under separate deeds, allowing purchasers to consider continued combined occupation or the potential for two independent commercial properties and separate revenue streams. The Lanesborough Street building is not part of the original Round Tower structure and is not itself a protected structure. The combination of multiple entrances, an existing interconnecting doorway and extensive dual-street frontage provides flexibility for future commercial reconfiguration, subject to the necessary planning and building regulation requirements. Residential Accommodation The residential element benefits from its own independent entrance from Lanesborough Street, allowing it to operate separately from the ground-floor commercial accommodation. Arranged across the first and second floors, the residential accommodation comprises four one-bedroom apartment units, each providing private living accommodation, with communal bathroom and toilet facilities available on each floor. The apartments benefit from natural light through the upper-floor windows, including the distinctive curved frontage of the original Round Tower building, with views overlooking the surrounding town centre and Market Square. To the rear, the residential accommodation benefits from external fire escape access leading directly into a private rear yard, with access to the adjoining public car park. The existing residential layout offers an opportunity for refurbishment and modernisation, with scope to enhance the accommodation and its rental potential, subject to the necessary permissions and regulatory requirements. Location & Investment Potential Round Tower House occupies an exceptional position in the heart of Roscommon Town, overlooking the Market Square and enjoying frontage onto two established town-centre streets. Its central location places the property within convenient walking distance of the town's principal shopping streets, cafés, restaurants, banks, professional services and other everyday amenities. The property's extensive street frontage, prominent corner position and distinctive architectural features make it particularly suitable for a purchaser seeking a high-profile commercial premises. The combination of two adjoining commercial properties, independent residential accommodation, multiple access points and a private rear yard offers considerable flexibility for investors and owner-occupiers alike. There is potential to retain the existing mixed-use arrangement, establish separate commercial operations, refurbish the residential accommodation or explore alternative uses, subject to the necessary planning permissions, building regulations and other statutory consents. The property may also qualify for heritage-related or vacant-property refurbishment grant supports, subject to the eligibility criteria and approval requirements of the relevant schemes. Round Tower House represents a rare opportunity to acquire two adjoining town-centre properties with approximately 3,500 sq.ft. of combined accommodation, 100 ft of street frontage, four one-bedroom apartment units and significant commercial and residential potential in one of Roscommon Town's most recognisable landmark buildings. Viewing is highly recommended and is strictly by appointment with the selling agents, Sheehy Meares Real Estate, Roscommon Town. Contact: 090 662 6579