Lot 240 Filling Station at (Folio WH18663F), Dublin Road, Castlepollard, Co. Westmeath

Bidding Closed

SOLD FOR

€231,000

Property Enquiries

Emma Byrne

emma.byrne@bidx1.com
+353 (0) 1 667 3388

Viewing Registration / Enquiries

BidX1 Support Team

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

Vendor Solicitor

Mary-Louise O'Hagan

mlohagan@osmpartners.ie
+353 (0)1 691 5900
Description
Map
Viewings

Property Summary
  • A filling station investment.
  • Comprising a filling station and forecourt.
  • Retail unit extending to approximately 252 sq. m (2,713 sq. ft).
  • Site area extending to approximately 0.49 hectares (1.21 acres).
  • Let to an individual t/a Gala Express Service Station (Overholding).
  • Current rent reserved €36,400 per annum.
  • Net Initial Yield 14.71%.
Location
  • Castlepollard is a town in Co. Westmeath.
  • The town is located approximately 97km northwest of Dublin via the M4.
  • The area is serviced by N4, N55 and a regular bus service from Mullingar train station.
  • The subject property is located on the Dublin Road, on the outskirts of the town.
Description

The property is arranged to provide a filling station and convenience store. The property comprises a retail unit, forecourts and site area (currently overholding). 

Total floor area extending to approximately 252 sq. m (2,713 sq. ft).

Total site area extending to approximately 0.49 hectares (1.21 acres).

Tenancy

The entire property is at present let to an individual t/a Gala Express Service Station for a term of 4 years and 9 months from 01.04.2012 at a contractual rent of €36,400 per annum.

VAT
Please refer to Legal Documents
BER
Number

800710675

Energy Performance Indicator

543.43 kWh/m²/yr1.16


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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