Lot 14 Grand Canal House, Columcille Street, Tullamore, Co. Offaly

Bidding Closed

SOLD FOR

€750,000

Property Enquiries

Gillian Earley

gillian.earley@bidx1.com
+353 (0)87 965 4555

Viewing/ Registration Enquiries

BidX1 Support Team

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

Vendor Solicitor

Naomi OConnor

noconnor@obl.ie
0167874469
Description
Map
Viewings

Property Summary
  • A commercial investment.
  • Comprising a three storey office building together with four x ground floor retail units.
  • Extending to approximately 1,368 sq. m (14,716 sq. ft).
  • Unit 1 let to Edgewater Medical.
  • Lease expiry 2023.
  • Unit 2 let to Canton Regent Chinese Restaurant.
  • Informal tenancy.
  • Second floor office let to Rehab Group.
  • Lease expiry 2023.
  • 16 on site car spaces.
  • Total current rent reserved €77,040 per annum with vacant possession of 2 x ground floor retail units and the entire first floor.
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 54km north west of Newbridge 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 on the northern side of Columcille Street, close to its junction with Arden Road.
  • Surrounding occupiers include O'Connors Public House and Boylesports.
Description

The property is arranged to provide a high profile commercial building. Internally the property comprises a three storey modern office building together with four ground floor retail units. 

VAT
Please refer to Legal Documents
Property Table
NoPresent LesseeAccommodationSq.m(Sq.Ft)Lease TermsCurrent Rent Reserved € p.a.
  Total1,368 sq. m(14,716 sq. ft) €77,040 p.a.
Ground 1Edgewater MedicalRetail / Office279 sq. m(3,000 sq. ft)

5 years from 01.02.2018

€19,500 p.a.
Ground 2Canton Regent Chinese RestaurantRestaurant214 sq. m(2,300 sq. ft)Informal tenancy€40,000 p.a.
Ground 3VacantRetail / Office52 sq. m(561 sq. ft)--
Ground 4VacantRetail / Office195 sq. m(2,100 sq. ft)--
FirstVacantOffice465 sq. m(5,000 sq. ft)--
SecondRehab GroupOffice163 sq. m(1,755 sq. ft)5 years from 01.07.2018€17,540 p.a.
BER
Number

Available From Bidx1

Energy Performance Indicator

252.6 kWh/m²/yr0.78 - 1239.86 kWh/m²/yr2.13


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.


Contact Gillian about this property