Lot 52 Garvan House and Garvan Court, Main Street, Ballybofey, Co. Donegal

Bidding Closed

SOLD FOR

€333,000

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

Emma Gunn

egunn@sheehanandco.ie
+353 (01) 661 6922
Description
Map
Viewings

Addendum
Please note the current rent passing is €7,992 per annum. Any previous reference to the rent passing should be disregarded.
Property Summary
  • A mixed use investment.
  • Comprising 2 x retail units, 1 x office and 11 x apartments.
  • Extending to approximately 576 sq. m (6,200 sq. ft) in total.
  • 2 x retail units and 1 x office unit subject to a tenancy.
  • Lease expiry 31.04.2020 (overholding).
  • 3 x apartments subject to a residential tenancy.
  • Total current rent passing €7,992 per annum with vacant possession of 8 x apartments.*
Location
  • Ballybofey is a town in south east County Donegal.
  • The town is situated approximately 28km south of Letterkenny and 24km north east of Donegal town.
  • Transport links in the area include the N15 and N13 providing access to Sligo, Lifford, Letterkenny and Derry. Public transport is served by a host of bus services.
  • The property is situated on the western side of the Main Street close to the intersection with Glenfin Street.
  • Surrounding occupiers include AIB, Bank of Ireland and The Villa Rose Hotel.
Description

The property is arranged over ground and two upper floors to provide a mid terrace mixed use building. The property comprises 2 x ground floor retail units, 1 x first floor office and 11 x one and two bedroom apartments arranged over first and second floors.

Total floor area extending to approximately 576 sq. m (6,200 sq. ft).

VAT
Please refer to Legal Documents
Property Table
   Total€19,220 p.a.*
Garvan House & Garvan Court  
UnitAccommodationPresent LesseeLease TermsCurrent Rent Reserved € p.a.
Retail 1RetailIndividual3 years from 01.04.2017 (overholding)€7,992 p.a.
Retail 2Retail
First floor officeOffice
1 Garvan CourtApartmentVacant- -
2 Garvan CourtApartmentVacant--
3 Garvan CourtApartmentIndividualResidential tenancy€5,160 p.a.*
3a Garvan HouseApartmentVacant- -
4 Garvan CourtApartmentVacant--
4a Garvan HouseApartmentVacant -   -
5 Garvan CourtApartmentIndividualResidential tenancy€4,140 p.a.*
5a Garvan HouseApartmentVacant- -
6 Garvan CourtApartmentVacant - -
7 Garvan CourtApartmentVacant--
8 Garvan CourtApartmentIndividualResidential tenancy€1,920 p.a.*

 

* We have been informed by the vendor the current rent passing is €7,992. 

BER
Number

Available from BidX1

Energy Performance Indicator

120.77 kWh/m²/yr - 410.69 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.


Contact Emma about this property