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€800,000
Londis
Church Street
Glenamaddy
Co. Galway
F45CD85
Description
Property Overview:
Located in Glenamaddy, a bustling and prosperous area with a growing population, this Supermarket holds a prime position that benefits from the villages vibrant atmosphere. The villages close proximity to Tuam town and Galway city adds to its allure, ensuring a steady stream of customers from both local residents and passing traffic.
Retail Supermarket:
Londis Supermarket has established itself as a cornerstone of the community, providing a wide range of products to meet the diverse needs of the residents. The Supermarkets reputation for quality, variety, and exceptional customer service has contributed to its loyal customer base. Fully Licenced Off-Licence. Energy Rating is B3.
Residential Apartments:
The property's value extends beyond the commercial space, as it also boasts three 2-bedroom apartments on the first floor. These apartments offer an attractive opportunity for potential buyers interested in generating rental income or having a live-work arrangement. The presence of these apartments adds to the property's versatility and potential revenue streams. Energy Rating is B3.
Investment Potential:
Londis Glenamaddy presents not only a thriving business but also a well-rounded investment opportunity. The propertys multiple income streams – the Supermarket with off-licence, and residential apartments – offer a diversified approach to income generation, minimising risk and maximising potential returns. Additionally the whole building is suitable for residential use. Another important plus is the 0.25ac space to the side suitable for further development.
Community and Location:
Glenamaddys vibrant and tight-knit community is a significant asset to this investment. The propertys central location within the village ensures a strong connection to the local residents and a constant flow of foot traffic. With Tuam town and Galway city just a short drive away, the property benefits from access to a larger customer base while still maintaining the charm and convenience of village life. Glenamaddy boasts a wide range of attractive amenities such as an active community centre, large national and near by secondary school including all services, post office, Public House, with the Church, Credit Union and Soccer Club just across the road ensuring high footfall for the Supermarket. There is also a community sports development close by with grounds for GAA, Soccer and a recreation area.
In summary, Londis Supermarket is more than just a Supermarket for sale; its a multi-faceted investment opportunity that encapsulates the essence of Glenamaddys thriving community. With a well-established Supermarket, a site for further development and three residential apartments, this property offers a range of income streams that cater to different aspects of modern living. Don't miss your chance to become a part of Glenamaddys prosperity and growth by investing in this exceptional property. Contact Sherry FitzGerald Todd today for more information and to schedule a viewing appointment.
BER Information
BER Number: 800725152
Energy Performance Indicator: 281.5 kWh/m/yr
About the Area
Glenamaddy is a small town in County Galway. It lies at the crossroads where the R362 and R364 regional roads intersect.
Glenamaddy is the most important town in the northeastern corner of County Galway. It became the musical capital of Connacht during the 1960s when the Showband craze swept the country. Glenamaddy boasts a long tradition of music and drama.
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Help To Buy Scheme
The property might qualify for the Help to Buy Scheme. Click here to see our guide to this scheme.
First Home Scheme
The property might qualify for the First Home Scheme. Click here to see our guide to this scheme.
