Lot 216 Units 1-5, Carrig House, Matt Talbot Road, Tralee, Co. Kerry

Bidding Closed

SOLD FOR

€396,000

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

Alyson Staunton

astaunton@byrnewallace.com
01 6915000
Description
Map
Viewings

Addendum
Please be advised Special Conditions No’s 14.4 and 20.5 have been amended in the Contract for Sale
Property Summary
  • A retail investment.
  • Comprising 3 x ground floor retail units.
  • Extending to approximately 393 sq. m (4,231 sq. ft) in total.
  • Unit 1 let to an individual t/a Domino's Pizza.
  • Lease expiry 2029.
  • Unit 2 let to an individual t/a Tax Assist.
  • Lease expiry 2023.
  • Units 3-5 let to an individual t/a Tamarind Restaurant.
  • Lease expiry 2038.
  • Total current rent reserved €36,000 per annum.
  • Net initial yield 8.3%.
Location
  • Tralee is the county town of Kerry.
  • The town is situated to the northern side of the Dingle Peninsula approximately 102km south west of Limerick and some 120km north west of Cork.
  • Transport links include Tralee Train Station, various bus routes, the N86, the R556 and R551.
  • The property is situated on Matt Talbot Road, at its junction with Pembroke Street.
  • Surrounding landmarks include Bon Secours Hospital Tralee, Garveys Super Valu Tralee, and Funzone Casino.
Description

The property is arranged over ground floor only to provide 3 x retail units. Internally the properties are arranged to provide a take-away unit, restaurant unit, and retail / office unit. Please note the common areas are not included in the sale.

All intending purchasers are advised to satisfy themselves as to the accuracy of the measurements provided.

VAT
Please refer to Legal Documents
Property Table
Unit AccommodationPresent LesseeSq. mSq. ftTerms of TenancyCurrent Rent Reserved € p.a.
Total  393 sq. m(4,231 sq. ft) €36,000 p.a 
1Take-AwayAn individual t/a Domino's Pizza76 sq.m (818 sq. ft)

20 years from 31.08.2009

VAT Exclusive

€18,000 p.a
2Retail / OfficeAn individual t/a Tax Assist74 sq. m(797 sq. ft)

10 years from 01.05.2013

 VAT Inclusive

€6,000 p.a

3-5RestaurantAn individual t/a Tamarind243 sq. m(2,616 sq. ft)

35 years from 23.07.2003

VAT Inclusive

€12,000 p.a

 

 

BER
Number

Available From Bidx1

Energy Performance Indicator

746.55 kWh/m²/yr1.49 - 1227.45 kWh/m²/yr2.04


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