Lot 1 – 44 Apartments at, Bru Na Sionna, Shannon, Co. Clare

Bidding Closed

SOLD FOR

Property Enquiries

Thomas O'Dowd

thomas.odowd@bidx1.com
+353 (0)1 667 3388

Viewing Registration / Enquiries

BidX1 Support Team

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

Vendor Solicitor

Janet Cafferky

jcafferky@mhc.ie
+353 (0)1 6145000
Description
Map
Viewings

Addendum
Please note that there has been a slight amendment to the Document Schedule in the Contract for Sale (Item 180). Amendment made to Purchase Price and Closing Date. Additionally, please note amendments made to Special Condition 4.8, Special Condition 14.6, Special Condition 22 with regards to Service Charges and Special Condition 39.
Property Summary
  • A substantial residential investment.
  • Comprising 26 x two beds, 17 x three beds and 1 x four bed.
  • Extending to approximately 3,522 sq. m (37,910 sq. ft).
  • Town centre location.
  • 43 x apartments let under residential tenancies.
  • Total current rent reserved €395,400 per annum, with vacant possession of 1 x apartment.
Location
  • Shannon is a town in County Clare, with a population of approximately 10,000 people (as of the 2016 Census).
  • The town is situated approximately 80km south of Galway, 20km west of Limerick and 5km from Shannon Airport.
  • Transport links in the area include the N19 providing direct access to Shannon Airport and N18/M18 serving Galway to the north and Limerick to the south.
  • The property is situated in the centre of Shannon town, off Tullyglass Road.
  • Surrounding occupiers include Supermacs, Lidl and Dunnes Stores.
Description

The property is arranged to provide 44 x apartments ranging from two to four bedroom apartments. The property is set within a wider residential development.

VAT
Please refer to Legal Documents
Property Table
NoBlockPresent LesseeAccommodationSq.m(Sq.Ft)Lease TermsCurrent Rent Reserved € p.a.
   Total 3,522 sq. m(37,910 sq. ft)  €395,400 p.a.
83 DAn individual 2 Bedroom70 sq. m(757 sq. ft)Residential tenancy€6,900 p.a.
86DAn individual 2 Bedroom56 sq. m(598 sq. ft)Residential tenancy€8,400 p.a.
87DAn individual 2 Bedroom58 sq. m(622 sq. ft)Residential tenancy€9,600 p.a.
88DAn individual 2 Bedroom59 sq. m(637 sq. ft)Residential tenancy€9,600 p.a.
89DAn individual 2 Bedroom56 sq. m(598 sq. ft)Residential tenancy€9,600 p.a.
90DAn individual 2 Bedroom59 sq. m(633 sq. ft)Residential tenancy€9,600 p.a.
91DAn individual 2 Bedroom61 sq. m(659 sq. ft)Residential tenancy€9,600 p.a.
92DAn individual 2 Bedroom56 sq. m(600 sq. ft)Residential tenancy€9,600 p.a.
94DAn individual 2 Bedroom60 sq. m(648 sq. ft)Residential tenancy€9,900 p.a.
95DVacant3 Bedroom109 sq. m(1,172 sq. ft)--
96DAn individual 3 Bedroom91 sq. m(975 sq. ft)Residential tenancy€9,600 p.a.
97DAn individual 3 Bedroom98 sq. m(1,055 sq. ft)Residential tenancy€10,800 p.a.
99DAn individual 3 Bedroom91 sq. m(975 sq. ft)Residential tenancy€9,600 p.a.
102DAn individual 3 Bedroom74 sq. m(795 sq. ft)Residential tenancy€10,200 p.a.
103DVacant3 Bedroom74 sq. m(795 sq. ft)Residential tenancy€10,200 p.a.
150HAn individual 2 Bedroom63 sq. m678 sq. ft)Residential tenancy€9,600 p.a.
159HAn individual 2 Bedroom70 sq. m(756 sq. ft)Residential tenancy€9,600 p.a.
169JAn individual 3 Bedroom87 sq. m (936 sq. ft)Residential tenancy€10,200 p.a.
170JAn individual 3 Bedroom87 sq. m(936 sq. ft)Residential tenancy€9,000 p.a.
176JAn individual 2 Bedroom67 sq. m(721 sq. ft)Residential tenancy€6,300 p.a.
179JAn individual 3 Bedroom111 sq. m(1,194 sq. ft)Residential tenancy€10,200 p.a.
189KAn individual 4 Bedroom137 sq. m(1,475 sq. ft)Residential tenancy€10,800 p.a.
197LAn individual 2 Bedroom73 sq. m(785 sq. ft)Residential tenancy€9,600 p.a.
208LAn individual 2 Bedroom73 sq. m(785 sq. ft)Residential tenancy€8,400 p.a.
209LAn individual 2 Bedroom73 sq. m(785 sq. ft)Residential tenancy€9,900 p.a.
210LAn individual 2 Bedroom84 sq. m(904 sq. ft)Residential tenancy€8,400 p.a.
211LAn individual 2 Bedroom73 sq. m(785 sq. ft)Residential tenancy€9,000 p.a.
212LAn individual 2 Bedroom73 sq. m(785 sq. ft)Residential tenancy€8,400 p.a.
214LAn individual 2 Bedroom73 sq. m(785 sq. ft)Residential tenancy€9,000 p.a.
215LAn individual 2 Bedroom73 sq. m(785 sq. ft)Residential tenancy€8,400 p.a.
216LAn individual 2 Bedroom73 sq. m(785 sq. ft)Residential tenancy€9,600 p.a.
217LAn individual 2 Bedroom84 sq. m(904 sq. ft)Residential tenancy€7,800 p.a.
218LAn individual 2 Bedroom73 sq. m(785 sq. ft)Residential tenancy€8,400 p.a.
221LAn individual 2 Bedroom59 sq. m(635 sq. ft)Residential tenancy€8,400 p.a.
223LAn individual 2 Bedroom59 sq. m(635 sq. ft)Residential tenancy€7,200 p.a.
225LAn individual 2 Bedroom73 sq. m(785 sq. ft)Residential tenancy€8,400 p.a.
231MAn individual 3 Bedroom85 sq. m(914 sq. ft)Residential tenancy€8,400 p.a.
232MAn individual 3 Bedroom85 sq. m(914 sq. ft)Residential tenancy€10,800 p.a.
233MAn individual 3 Bedroom85 sq. m(914 sq. ft)Residential tenancy€10,800 p.a.
234MAn individual 3 Bedroom85 sq. m(914 sq. ft)Residential tenancy€9,600 p.a.
235MAn individual 3 Bedroom118 sq. m(1,270 sq. ft)Residential tenancy€9,000 p.a.
236MAn individual 3 Bedroom118 sq. m(1,270 sq. ft)Residential tenancy€9,000 p.a.
237MAn individual 3 Bedroom118 sq. m(1,270 sq. ft)Residential tenancy€9,000 p.a.
238MAn individual 3 Bedroom118 sq. m(1,270 sq. ft)Residential tenancy€9,000 p.a.
BER
Number

Available from BidX1

Energy Performance Indicator

112.95 kWh/m²/yr - 189.33 kWh/m²/yr


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