12 Sexton Street, Abbeyside, Dungarvan, Co. Waterford, X35 RW73
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Auction
- Lot 15
- Ireland
- Mixed Use
- Commercial
Sold for €196,000
Property Summary
- A mixed use investment.
- Comprising a ground floor retail unit together with ancillary accommodation overhead.
- Extending to approximately 69 sq. m (724 sq. ft).
- Located in Dungarvan town centre.
- Let to Bar One Racing Limited.
- Lease expiry February 2028.
- Total current rent reserved €24,000 per annum.
- NIY 12.83%.
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Property description
The property is arranged to provide a mid terrace mixed used building. Internally, the property comprises a ground floor retail accommodation with ancillary accommodation overhead. The property is situated on Sexton Street in the centre of Dungarvan town benefiting from a high volume of footfall. Other notable occupiers in the immediate vicinity include Minnies Lounge Bar, Eurospar, and Lawlors Hotel Dungarvan.
Total floor area extending to approximately 69 sq. m (724 sq. ft).
All intending purchasers are advised to satisfy themselves as to the accuracy of the measurements provided.
Tenancy
The entire property is currently let to Bar One Racing Limited for a term of 4 years and 11 months from March 2023 at a rent of €24,000 per annum.
VAT
Additional Information
Please ensure that you have registered and paid your Bidder Security via bank transfer in good time before the auction so that we can ensure you are approved to bid.
Important: We do not accept Same Day / Urgent payments.
Payments must be standard SEPA payments. If you are making a payment from outside Europe (e.g. SWIFT payment), please contact us in advance.
BER Rating
BER Identification Number
801013772
Energy Performance Indicator
474.37 kWh/m²/yr
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*Terms & Conditions
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.
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