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LOT

167

Multi Storey Car Park and 8 Apartments, Main Street, Tullamore, Co. Offaly

Bidding Closed

SOLD FOR

€945,000

Property Enquiries

Gillian Earley

gillian.earley@bidx1.com
+353 (0)1 667 3388

Viewings/Registration Enquiries

BidX1 Support Team

info@ie.bidx1.com
+353 (0) 1 667 3388

Vendor Solicitor

Orla Higgins

orla.higgins@gartlanfurey.ie
+353 (0)1 799 8000

Description

Map

Viewings


Property Summary
  • A multi storey car park and residential investment.
  • Comprising 240 car parking spaces laid out over 6 levels.
  • Comprising 8 x apartments over first and second floors (4 x 4 Bed duplex apartments and 4 x 2 Bed apartments).
  • 2 x apartments occupied.
  • Total current rent reserved €14,400 per annum.
  • Vacant possession of 6 x apartments.
  • Vacant possession of car park upon closing.
Location
  • Tullamore is the county town of Offaly with a population of some 14,000 people (as of the 2016 census).
  • Tullamore is situated approximately 100km west of Dublin city centre and 44km east of Athlone.
  • The M6 Motorway is approximately 11km to the north and provides access to both Dublin and Galway.
  • The property is situated in the centre of the Main Street.
  • Surrounding occupiers include Lidl and Central Hotel.
Description

The property is arranged over first and second floors to provide 8 x apartments and a multi storey car park over six levels. The multi storey car park provides 240 spaces over basement, ground and four upper levels. The apartments are arranged over first and second floors of an adjoining block. Pedestrian access is via own door access from Main Street. There is an additional entrance to the multi storey car park providing lift and stairwell access to the various levels. The apartments were fully refurbished in 2013.

For the avoidance of doubt the ground floor retail units are not included in the sale.

Tenancy

The car park is currently subject to an operating license with vacant possession being delivered upon closing.

VAT
Please refer to the legal documents.
Accomodation & Tenancies
Unit Floor Accommodation Size Sq. m Size (Sq. ft) Terms of Tenancy Current Rent Reserved € p.a.
     Total 772.53 sq. m  (8,319.64 sq. ft)    €14,400 p.a.
1 1 & 2 4 Bedroom 122.1  sq. m  (1,314.93 sq. ft)  Residential tenancy  €7,800 p.a.
2 1 & 2 4 Bedroom 121.04  sq. m  (1,303.51 sq. ft)  Vacant  
3 1 2 Bedroom 68.03 sq. m  (732.63 sq. ft)  Residential tenancy  €6,600 p.a.
4 1 2 Bedroom 66.6 sq. m  (717.23 sq. ft)  Vacant  
5 1 4 Bedroom 122.36 sq. m  (1,317.73 sq. ft)  Vacant  
6 1 & 2 4 Bedroom 136.62 sq. m  (1,471.3 sq. ft)  Vacant  
7 1 2 Bedroom 69.39 sq. m  (747.28 sq. ft)  Vacant  
8 1 2 Bedroom 66.39 sq. m  (715.03 sq. ft)  Vacant  
BER
Number

Available from BidX1

Energy Performance Indicator

276.41 kWh/m²/yr - 417.9 kWh/m²/yr

No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.