Lot 29 Unit 7 Dungeeha Centre, Desmond Business Park, Newcastle West, Co. Limerick

Bidding Closed

SOLD FOR

€206,000

Property Enquiries

Robert Hefferon

robert.hefferon@bidx1.com
+353 (0)1 637 5548
+353 (0)87 799 0435

Viewing/ Registration Enquiries

BidX1 Support Team

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

Vendor Solicitor

Micheál O’Mullain

mom@ofx.ie
+353 (0)21 427 7788
Description
Map
Viewings

Addendum
Please be advised Requisitions on Title have been added to the legal pack. Please be advised of the following amendments to the Contract for Sale a) Amendment of Special Conditions 4, 6 and 23 b) Exclusion of Special Condition 20.9 c) Inclusion of Special Condition 24, 25, 26, 27, 28, 29, 20, 31, 32 and 33.
Property Summary
  • A warehouse/office investment.
  • Comprising an end of terrace warehouse/office unit.
  • Extending to approximately 311 sqm (3,347 sq ft).
  • Occupied by Pat O'Leary Sales Limited.
  • Informal tenancy.
  • Total current rent reserved €13,200 per annum.
  • Net Initial Yield 12.63%.
Location
  • Newcastle West is a town in west Co. Limerick, it is the second largest town to Limerick city in the county.
  • The town is situated approximately 43km to the south west of Limerick city and approximately 58km to the north east of Tralee.
  • Transport links in the area include the N21 National primary road, linking Newcastle West to Tralee and Limerick city and also providing direct access to the M20 Motorway and in turn the M7 Motorway. Public transport is served via a number of bus routes.
  • The property is situated on the Northern edge of Newcastle West, in Desmond Business Park whcih is accessed off Station Road.
  • Surrounding occupiers include T Junction Car Sales, DTops & Tiles and Trade Electric Group.
Description

The property is arranged to provide an end of terrace warehouse/office unit. Internally, the property comprises a ground floor warehouse unit together with office accommodation at first floor level.

Total floor area extending to approximately 311 sqm (3,347 sq ft).

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

Tenancy

The entire property is at present occupied by Pat O'Leary Sales Limited on an informal tenancy at a rent of €13,200 per annum.

VAT
Please refer to Legal Documents
BER
Number

800794893

Energy Performance Indicator

168.68 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 Robert about this property