Lot

9

Property at Dunlo Street, Ballinasloe, Co. Galway, H53E627

Bidding Closed

SOLD FOR

€184,000

Property Enquiries

Anna-Kate Fields

anna-kate.fields@bidx1.com
+353 (0)1 667 3388

Viewing Registration / Enquiries

BidX1 Support Team

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

Vendor Lawyer

Deirdre Farrell

deirdre.farrell@hamiltonturner.com
01 6710555

Description

Map

Viewings


Property Summary
  • A mixed use investment.
  • Comprising a retail unit and three x 1 bedroom apartments.
  • Extending to approximately 290 sq. m (3,125 sq. ft).
  • Ground floor let to an individual t/a Gills Dry Cleaners.
  • Lease expiry 2024.
  • 3 x apartments let under residential tenancies.
  • Entire property recently refurbished.
  • Total current rent reserved €32,400 per annum.
Location
  • Ballinasloe is the largest town in County Galway.
  • The town is situated approximately 60km to the east of Galway city centre and 25km to the west of Athlone.
  • Transport links to the area include the R446 Road, providing direct access to the M6 Motorway approximately 6km to the north east.
  • The property is situated on the western side of Dunlo Street.
Description

The property is arranged over ground and two upper floors to provide a mixed use building. Internally the property comprises of a ground floor retail unit and 3 x one bedroom apartments over first and second floors.

VAT
Please refer to Legal Documents
Property Table
No Present Lessee Accommodation Sq.m (Sq.Ft) Lease Terms Current Rent Reserved € p.a.
    Total 290.33 sq. m (3,125 sq. ft)     €32,400 p.a.
Ground An individual t/a Gills Laundrette Retail  143 sq. m  (1,540 sq. ft) 

21 years from 01.01.2003

Sub-let

€11,700 p.a.
First An individual Apartment 55.76 sq. m (600 sq. ft) Residential tenancy €7,200 p.a.
Second An individual  Apartment 44.95 sq. m (484 sq. ft) Residential tenancy €6,900 p.a.
Third An individual Apartment 46.62 sq. m (501 sq. ft) Residential tenancy €6,600 p.a.
BER
Number

Available from BidX1

Energy Performance Indicator

2283.86 kWh/m²/yr 423.07 kWh/m²/yr 526.49 kWh/m²/yr 506.13 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.