
Market Street, Sligo, SligoF91CD42
€250,000
3 Bed~1 Bath~125 m²~BER E
What you'll like:
- Prime town centre: Situated on Market Street close to key junctions, ensuring high footfall and excellent visibility for any commercial or mixed-use venture.
- Included 7 day licence: Features a rare and valuable 7 day liquor licence, offering immediate potential to reopen or repurpose the established public bar.
- Vacant property grant: Potential eligibility for the Vacant Property Refurbishment Grant could significantly offset substantial renovation costs required to modernise the building.
- Generous floor area: Provides approximately 125.2 square metres of versatile space across three levels, accommodating various commercial layouts and residential accommodation configurations.
- Established bar infrastructure: Includes an existing public bar area with a counter, seating spaces, and dedicated lounge sections ready for potential reactivation.
- Separate upper living: Features a self-contained upper level with three bedrooms, a kitchen, and reception rooms, allowing for owner-occupancy or rental income.
- Central urban convenience: Positioned within a short walking distance of Sligo town centre amenities, shops, and transport links, enhancing long-term tenant or customer appeal.
- Stable asking price: The asking price of €250,000 has remained completely unchanged during tracking, suggesting a straightforward and motivated vendor approach to negotiations.
- Mixed use flexibility: The combination of a commercial ground floor and residential upper floors offers diverse income generation strategies for savvy property investors.
- Enclosed rear yard: Benefits from a small enclosed outdoor yard and boiler house, providing essential functional utility space for waste management or storage.
- Multiple reception rooms: Includes both a sitting room and a living room on the first floor, offering comfortable living quarters above the commercial premises.
- Built-in storage: Bedrooms feature existing built-in wardrobes, reducing the immediate need for furniture investment when preparing the residential areas for occupation.
- Traditional character features: Retains charming architectural elements such as internal fireplaces, adding unique character potential once interior renovations are successfully completed.
- Dedicated customer facilities: The ground floor layout already incorporates separate ladies and gents toilets, fulfilling basic regulatory requirements for public-facing commercial venues.
- Boiler house included: Features a dedicated external boiler house protecting the heating infrastructure from internal weather elements and freeing up indoor floor space.
- Clear development potential: The mix of residential and commercial spaces provides an ideal canvas for a comprehensive refurbishment and asset-value-add strategy.
- Accessible location details: Clear positioning near Castle Street and Grattan Street ensures easy navigation for potential contractors, customers, and future delivery drivers.
- Straightforward private treaty: Offered for sale by private treaty, allowing prospective buyers reasonable time to conduct thorough structural surveys before making formal offers.
- Compact footprint management: The mid-terrace configuration limits exterior maintenance requirements on the side elevations while keeping roof and structural footprints manageable.
- High rental demand: Central urban locations in Sligo typically experience strong demand for both small commercial spaces and centrally located residential rental units.
But keep in mind:
- Poor energy rating: Carries a very inefficient BER rating of E, which will lead to high heating bills and necessitate extensive energy-upgrade investments.
- Extensive refurbishment needed: Requires a comprehensive and likely costly modernization program across all three floors to bring the aging structure up to modern standards.
- Timber framed windows: Equipped with older timber-framed windows that may suffer from drafts, rot, or thermal inefficiency, requiring future replacement budget planning.
- Single bathroom facility: The residential quarters contain only one small bathroom measuring 2.1m by 1.0m, which may feel inadequate for a three-bedroom layout.
- Licensing compliance checks: Buyers must verify the current status, renewal history, and local authority compliance of the 7 day liquor licence before closing.
- Commercial rates liability: Owning a licensed premises in the town centre exposes the buyer to commercial local authority rates, regardless of trading status.
- Restricted outdoor space: The rear yard is described as small and enclosed, offering very limited outdoor amenity space for future residential tenants or occupants.
- Tight bedroom dimensions: Certain bedrooms, such as Bedroom 1 at 3.9m by 2.0m, feature narrow proportions that restrict furniture placement and overall usability.
- Structural survey essential: Given the age and mixed-use nature of the building, buyers should commission a detailed structural survey to uncover hidden damp or decay.
- Grant approval uncertainty: Eligibility and actual payout under the Vacant Property Refurbishment Grant are subject to strict local authority approvals and timelines.
- Fire safety regulations: Reopening a licensed venue or letting upper floors will require strict compliance upgrades with current commercial and residential fire safety standards.
- Mid-terrace party walls: Shared structural walls with neighboring buildings mean any disruptive renovation work will require careful party wall management and neighbour consultation.
- Oil fired heating dependency: The property relies on an oil-fired central heating system housed in an external boiler house, which may require replacement or conversion.
- Ventilation and damp: Older commercial kitchens and bars often suffer from hidden moisture issues, requiring thorough inspection of ventilation systems throughout the building.
- Asbestos risk potential: Older buildings undergoing renovation frequently encounter asbestos materials, necessitating professional testing and safe removal protocols during strip-out works.
- Insurance cost factors: Insuring a vacant mixed-use building with an inactive liquor licence can attract higher premiums and stricter security policy requirements.
- Access limitations: The central town location may present logistical challenges for large construction vehicles and skip placement during the anticipated refurbishment works.
- Plumbing infrastructure age: The existing pipework and sanitary installations throughout the bar and upper floors should be inspected for corrosion and overall compliance.
- Electrical system review: The electrical wiring across the public bar, commercial kitchen, and residential rooms must be fully certified by a qualified electrician.
- Town planning restrictions: Buyers should investigate local development plans to ensure intended future commercial uses comply with local zoning and planning guidelines.
Price positioning
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- The asking price appears somewhat overvalued because historical sales on the same street indicate significantly lower achieved transaction values, suggesting the commercial and residential combination carries high expectations relative to local norms.
- Valuation signals are mixed due to the inclusion of a seven-day liquor licence and potential eligibility for the Vacant Property Refurbishment Grant, which could offset the poor energy rating and necessary upgrade costs.
- Such a price could be supported by strong commercial demand for town-centre premises, whereas it might be undermined by substantial capital expenditure required to upgrade the poor energy rating and modernise the overall layout.
- Relevant factors include the stable asking-price history observed by HouseDelve, indicating no recent reductions, combined with historical street transaction values remaining well below the current marketing figure.
Build Analysis
What we know from similar construction types
- The property is a mid-terraced, multi-story mixed-use or former commercial building comprising a 7-day licensed premises on the ground floor with residential accommodation overhead across the first and second floors.
- The structure features timber-framed windows and an oil-fired central heating system housed in an external boiler house within a small enclosed yard.
- Given the commercial element, mixed-use nature, and age implied by the layout and configuration, a buyer should investigate potential fire safety compliance, structural integrity between commercial and residential zones, and any necessary permissions for change of use if discontinuing the licensed premises.
- The listing notes potential eligibility for the Vacant Property Refurbishment Grant, which buyers should verify independently with the local authority.
Retrofit Cost*
Possible renovating / insulating expenditure
- The property holds an E BER rating, placing it in the inefficient category and indicating that a comprehensive deep retrofit is required to bring energy performance up to modern standards.
- A deep retrofit for a property of approximately 125 square metres involving a mixed-use/older structure typically ranges from 50,000 to 80,000 euros or more, depending on the extent of insulation upgrades, heating system replacement, window renewal, and ventilation improvements needed.
- Costs may be partially offset by available grants such as the Vacant Property Refurbishment Grant or SEAI home energy grants, though specific quotes from registered contractors should be obtained.
Heating cost*
Estimated expense to heat this property every year
- Estimated annual heating cost: 2,200 euro to 3,000 euro.
- Explanation: Given the large floor area of approximately 125.2 square metres combined with a low BER rating of E and oil-fired central heating, the property is likely to have higher than average energy consumption, which a buyer should verify.
Pollution Safe
8/10Environmental situation to investigate
- The property is situated in an established urban town centre location with no immediate, prominent heavy industrial or landfill concerns directly adjacent.
- General urban environmental factors apply typical to a central commercial street, though any legacy industrial concerns should be independently verified by prospective buyers.
Flood Safe
7/10Water overflow reports to follow up
- While Sligo town features river networks that have experienced historical flood alerts in specific low-lying sectors, general town centre plots vary in exact vulnerability.
- Buyers should check local Office of Public Works (OPW) flood maps and environmental reports to confirm the specific flood risk profile for this immediate section of Market Street.
Recent Local Sales
Verified residential transactions published in the previous five years
Sales on the same street or estate
6 MARKET STREET, SLIGO, F91 VK84
- Sale date
- Declared sale price
- €100,000.00
7 MARKET ST, SLIGO, SLIGO
- Sale date
- Declared sale price
- €136,000.00
22 MARKET STREET, SLIGO, COUNTY SLIGO
- Sale date
- Declared sale price
- €98,000.00
16 MARKET ST, SLIGO, SLIGO
- Sale date
- Declared sale price
- €157,000.00
Recent sales in the wider Sligo area
22 ST JOSEPHS TERRACE, SLIGO, SLIGO
- Sale date
- Declared sale price
- €167,500.00
36 MARKIEVICZ HEIGHTS, SLIGO, SLIGO
- Sale date
- Declared sale price
- €374,000.00
41 ST ANNES TERRACE, SLIGO, SLIGO
- Sale date
- Declared sale price
- €160,000.00
7 ST JOACHIMS TERRACE, SLIGO, SLIGO
- Sale date
- Declared sale price
- €211,000.00
40 ARD NA VEIGH, SLIGO, SLIGO
- Sale date
- Declared sale price
- €305,000.00
Source: Property Services Regulatory Authority (PSRA), Residential Property Price Register (PPR). Matching uses address information published by the PPR rather than measured map distance. It may omit nearby properties on differently named streets.
Last Sale
A confidently matched previous PPR transaction for this property
No confidently matched previous sale was found in the Property Price Register.
Buyer fees*
Associated expenses guide
- Estimated stamp duty: €2,500 — 1% of €250,000.
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Based on the asking price shown on this page, using standard residential stamp-duty rates. No adjustments are made for VAT, reliefs, mixed-use property or additional land. The final purchase price and your circumstances may change the amount payable.
- Solicitor legal fees: approximately 1,500 euro to 3,500 euro plus VAT.
- Land registration fees: approximately 175 euro to 800 euro depending on property value and registration type.
- Property valuation fees: approximately 150 euro to 300 euro.
- Surveyor fees: approximately 500 euro to 1,200 euro depending on the depth of survey required for a mixed-use or licensed premises.
- Annual home insurance: approximately 400 euro to 900 euro depending on coverage and building type.
Forum Talk
What people are saying about this area
- Local discussions highlight the vibrant commercial and social activity around Market Street and Castle Street in Sligo town centre.
- Residents frequently discuss ongoing regeneration initiatives and retail developments aimed at boosting footfall in the central business district.
- Community forums often mention the availability of the Vacant Property Refurbishment Grant as a key driver for breathing new life into older town buildings.
- Discussions regarding transport infrastructure emphasize the convenience of walking distance amenities and local bus and rail links in Sligo.
LifeFit Assessment
How well this property may suit your lifestyle
Family
7 areas- Young Children2/10
The property is a commercial and residential mix featuring a 7-day licensed premises, making it entirely unsuitable for very young children due to the commercial ground floor use and lack of safe, dedicated garden space.
- Teenagers3/10
While centrally located with three bedrooms, the presence of a ground floor pub and limited communal family space makes this less than ideal for teenagers seeking a traditional family home environment.
- Multi-generational Living3/10
The layout is divided between commercial and upper-floor residential quarters, offering very limited privacy or independent annex space for multi-generational living arrangements.
- Single Buyers6/10
For enterprising single buyers looking to combine a business venture (such as reviving the licensed premises) with a town-centre residence, this offers a unique potential project.
- Couples5/10
Couples interested in a commercial live-work lifestyle in the heart of town may find appeal here, though the poor BER rating and commercial nature require careful consideration.
- Empty Nesters3/10
Empty nesters looking for a peaceful, low-maintenance retirement home will find stairs, commercial zoning, and a high upkeep requirement misaligned with their goals.
- Retirees2/10
Multi-story living with multiple flights of stairs, combined with the commercial ground floor, makes this property largely unsuitable for retirees planning to age in place.
Work
3 areas- Remote Working6/10
The upper floors include multiple rooms that could double as home office spaces, though buyers should verify broadband connectivity.
- Hybrid Commuting6/10
Central town location provides reasonable proximity to local transport links for hybrid workers needing occasional regional commuting options.
- Retired2/10
The building type and commercial history are unsuited to a relaxed retirement lifestyle.
Practical
8 areas- Ageing in Place2/10
Multiple stories, internal stairs, and a commercial ground floor make this property entirely unsuitable for aging in place without major structural adaptation.
- Low Maintenance3/10
With a low BER rating of E and a building combining commercial and residential elements, significant maintenance and refurbishment are likely required.
- Secure Gated Entry2/10
The property opens directly onto Market Street with a traditional mid-terrace urban frontage and a small enclosed rear yard, lacking gated security features.
- Minimalist Design4/10
The traditional layout features dated elements, fireplaces, and partitioned commercial spaces rather than open-plan minimalist architecture.
- Flexible Floor Plans7/10
The combination of commercial ground-floor bar/lounge spaces and residential upper floors offers diverse potential for reconfiguration, subject to planning permissions.
- Heritage Home5/10
As an established mid-terraced licensed premises in the town core, it has traditional character, though buyers should verify any protected status.
- Ecological Setup2/10
An E-rated BER indicates poor energy efficiency, oil-fired central heating, and timber-framed windows that likely need substantial eco-upgrades.
- Outdoor areas2/10
Outdoor space is restricted to a very small enclosed yard containing the boiler house, offering minimal recreational utility.
Interests
9 areas- Gardening1/10
The property features only a small enclosed yard with a boiler house, leaving virtually no space for traditional gardening.
- Walking8/10
The central town-centre location provides excellent walkability to local shops, services, and nearby urban walking routes.
- Gym7/10
Town-centre location ensures easy access to nearby commercial fitness centers and gym facilities within Sligo.
- Cycling6/10
Urban positioning allows for cycling access around the town, though secure bike storage may be limited due to the small yard size.
- Golf5/10
Sligo offers regional golf courses, but the property itself is purely urban with no direct golfing amenities nearby.
- Fishing4/10
While Sligo has regional angling opportunities, the property itself is entirely urban and removed from immediate fishing waters.
- Horse Riding2/10
An urban town-centre mid-terrace building provides no practical accommodation or proximity for keeping or accessing horses.
- Water Sports3/10
Coastal and river water sports are accessible in the broader Sligo region, but require transport from this dense urban location.
- Entertaining7/10
The inclusion of a former public bar and lounge area on the ground floor offers unique spaces for entertaining, subject to licensing and renovations.
Lifestyle
5 areas- Quiet Living2/10
Situated directly on Market Street in the heart of Sligo town, this location experiences high urban activity and potential noise from the former 7-day licensed premises.
- Rural Living1/10
This is a distinctly urban, town-centre property with no rural characteristics or open countryside surroundings.
- Village Living5/10
Though located in a regional town rather than a small village, the close proximity to local shops and community amenities mimics a bustling community feel.
- Coastal Living3/10
While Sligo has coastal proximity, the immediate property is firmly set in an urban streetscape with no direct marine or coastal views.
- Urban Living8/10
Positioned right in the heart of Sligo town within walking distance of all central amenities, pubs, and shops, making it ideal for pure urban convenience.
Social
6 areas- Community Involvement6/10
A high-street commercial premises places you directly into the local business and civic community of Sligo.
- Café Culture8/10
Being in the heart of Sligo town places numerous cafes, restaurants, and social spots right on your doorstep.
- Nightlife9/10
The property includes a 7-day licensed premises and is surrounded by Sligo's town-centre pubs, venues, and nightlife.
- Health/Wellness groups6/10
Town-centre location offers good access to local wellness clubs, pharmacies, and health practitioners.
- Networking Opportunities7/10
Owning a commercial licensed premises in a prominent street position naturally opens up local business networking potential.
- Tech-Hub Connectivity5/10
Buyers should investigate local digital infrastructure and broadband speeds to ensure robust connectivity for tech-focused work.
Listing information
- Agent
- Murphy & Sons Auctioneers Ltd
- Phone
- 071 914 2118
- Current status
- active
- Published on HouseDelve
- 24 October 2026
- Correction
- Report an issue
HD-8297D1HouseDelve · Republic of IrelandReport checks
Sources used: Public marketplace, Property Price Register, and grounded web research where available.
Automated quality checks: Passed
* Estimate — not advice. Actual costs and outcomes can vary materially. Obtain current quotations and professional advice before making financial or property decisions.