Shop Street, F28K520
**Prime Investment Opportunity - Tenants not affected**
Shop Street, Westport, Co. Mayo, F28 K520
DESCRIPTION
O?Donnellan & Joyce are delighted to offer this landmark building to the market by way of private treaty.
-Unique opportunity to acquire one of the main landmark buildings within the heart of Westport Town.
-Exceptional retail premises, currently trading as Gino?s Italian Limited, with vacant possession of the second floor area.
-The property is being offered as a fully trading investment opportunity with the benefit of the existing lessee.
-Formerly traded as Clarke’s Electrical, the property is configured to suit a variety of retailers.
-Recently refurbished and presented to a high standard throughout.
Accommodation is predominantly open plan with ample seating, wheelchair accessible W.C, and modern fixtures and fittings.
The first floor area is currently configured to provide staff and administrative accommodation, along with storage facilities.
The second floor, which is not subject to a lease agreement, is open plan and suitable for a range of uses.
PLANNING & RATES
The property is zoned ?Town Centre ? under the Westport Development Plan 2024 - 2030.
The property is not listed as a Protected Structure.
Tailte Eireann ID number - 1342898.
LOCATION
The Octagon / Shop Street - Westport
The subject property is located in the heart of Westport town centre and fronting onto the iconic ?Octagon? of Westport. The Octagon connects to Shop Street and would be regarded as the main commercial thoroughfare of Westport town.
The immediate area is mixed use in character, ranging from prime retailers, recreational and hospitality respectively. The Town Hall theatre, AIB Bank and The Wyatt Hotel areal located within 50m of the subject property. Furthermore, access to the grounds of the renowned Westport House is positioned to the rear of the Wyatt Hotel.
Westport?s Octagon reflects the town?s strikingly deliberate planning, its Georgian elegance, and a lively local community that values heritage and public space.
Westport town is one of the main tourism attractions along the Wild Atlantic Way with two staple landmarks being Westport House and Croagh Patrick. Westport House attracts an annual footfall of approximately 411,000 tourists per annum, while Croagh Patrick attracts in the region of 110,000 tourists per annum.
ACCOMMODATION
Configured over ground, first & second floors.
Benefits from full ownership of side laneway with 4m frontage onto Shop Street.
Gross internal area : c.213 square metres (2,295 Sq. Ft).
TENANCY
Subject to a 10-year lease with rent review due in October 2025.
Break clause in June 2025 - not exercised
Tenant : Gino?s Italian Ltd
TENANCY DETAILS ON REQUEST.
For a full brochure, please contract Shane McDonagh of O’Donnellan & Joyce Auctioneers.
NOTE: These particulars are not to be considered a formal offer. They are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract, nor to be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, neither O?Donnellan & Joyce Auctioneers nor the vendor accept any liability as to their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars. No person in the employment of O?Donnellan & Joyce Auctioneers has any authority to make or give any representation or warranty whatever in relation to this property.
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