Lot 42 30-32 Main Street, Leixlip, Co. Kildare, W23 TR22

Bidding Closed

SOLD FOR

€623,000

Property Enquiries

Gillian Earley

gillian.earley@bidx1.com
+353 (0)1 637 5547
+353 (0)87 965 4555

Viewing/ Registration Enquiries

BidX1 Support Team

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

Vendor Solicitor

Julie Smyth

julie@hughesmurphy.com
016798566
Description
Map
Viewings

Addendum
Please be advised of the following amendments to the Contract for Sale: a. Particulars and Tenure and Special Condition No. 4. b. The inclusion of Documents No. 8, No. 9 and No. 10 of the Document Schedule.
Property Summary
  • A mixed use investment opportunity. 
  • Comprising 2 x ground floor retail units together with 1 x one bedroom and 1 x two bedroom apartments overhead. 
  • Extending to approximately 171 sq. m (1,841 sq. ft) in total.
  • Ground floor retail units,advertising board and one aparment subject to tenancies. 
  • Total current rent reserved €40,400 per annum with vacant possession of  1 x residential units. 
  • Net Initial Yield 7.81 %
  • Virtual tour available. 
Location
  • Leixlip is a town in County Kildare.
  • The town is located approximately 3km north of Lucan and some 7km east of Maynooth.
  • Transport links include the M4 Motorway which provides direct access to the M50 motorway and N4 national road.
  • The property is situated on the Main street in Leixlip Town Centre. 
  • Surrounding occupiers include AIB, BOI and Diep Takeaway. 
Description

The property is arranged over ground and first floors to provide a a prominent end of terrace mixed use building. Internally the property comprises a 1 x ground floor coffee shop, 1 x ground floor retail unit together with 1 x one bedroom apartment and 1 x two bedroom apartment overhead. 

Accommodation

Planning

The property has lapsed planning ref: 051567 Kildare County Council

"to demolish existing units 28,30 and 32 and build new two and three storey commercial development consisting of ground floor retail(206.8m2)first floor office(204.7m2) and second floor office (94.1 m2) together with associated site works etc."

VAT
Please refer to Legal Documents
Property Table
Floor AccommodationSq.m(Sq.Ft)Present LesseeTerms of TenancyCurrent Rent Reserved € p.a.
Ground floorRetail Unit 44 sq. m(474. ft)So CoffeeInformal €13,000
Ground floor Retail unit27 sq. m(291 sq. ft)Silver Fountain 2 years from 11th March 2021.€8,840
First Floor One bedroom apartment 48 sq. m(517 sq. ft)NAResidential €15,600
First Floor Two bedroom apartment52 sq. m(560 sq. ft)NAVacant*Vacant
Advertising Board    Cunninghams Funeral Directors Informal €3,000
  Total171 sq. m(1,841 sq. ft)  €40,400 p.a.

 

 

*Please note we have been advised by the vendor the previous rent was  €19,200 per annum for the two bedroom residential unit. 

BER
Number

Available From Bidx1

Energy Performance Indicator

448.93 kWh/m²/yr - 994.2 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 Gillian about this property