Lot 25 No. 7 Downshire Shopping Centre, Edenderry, Co. Offaly, R45 CX46

Bidding Closed

SOLD FOR

€72,000

Property Enquiries

Emma Byrne

emma.byrne@bidx1.com
+353 (0)1 566 8346
+353 (0) 87 707 6174

Viewing/ Registration Enquiries

BidX1 Support Team

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

Vendor Solicitor

Orla McCarthy Lyons

omccarthylyons@byrnewallace.com
+353 (0)1 691 5000
Description
Map
Viewings

Property Summary
  • A retail investment. 
  • Comprising a ground floor retail unit trading as a Butcher.
  • Extending to approximately 145 sq.m (1,560 sq.ft.).
  • Set within Edenderry Shopping Centre.
  • Let to an individual t/a Brendan Bergin Butchers.
  • Lease expiry 2026.
  • Current reserved €7,800 per annum.
  • Net Initial Yield 11.82%.
Location
  • Edenderry is a large town in County Offaly with a population of 12,000 (as of 2016 Census).
  • The town is located approximately 60km west of Dublin and 154km east of Galway.
  • The town is served by transport links to the M6 via the R440/441.
  • The property is situated within Edenderry Shopping Centre set within a town centre location.
  • Surrounding occupiers include Dunnes Stores and Ryan's Pharmacy.
Description

The property is arranged to provide a ground floor retail unit. Internally, the property comprises a retail unit to the front together with ancillary accomodation to the rear. The property is set within Downshire Shopping Centre. 

Total floor area extending to approximately 145 sq.m (1,560 sq.ft.).

Tenancy

The entire property is at present let to an individual t/a Brendan Bergin Butchers for a term of 20 years from 06.04.2006 at a contractual rent of €7,800 per annum.

VAT
Please refer to Legal Documents
BER
Number

800750770

Energy Performance Indicator

1206.33 kWh/m²/yr 1.21


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 Emma about this property