| Unit | Lease terms | Rent p.a |
|---|---|---|
| Ground Floor Retail | 4 years from 15.05.2018 | €4,800 p.a |
| First Floor Office | 1 year sub-let agreement from 23.06.2008 (overholding) | €6, 000 p.a |
| Total | €10,800 p.a |
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Auction
5 Rafter Street, Gorey, Co. Wexford
-
Auction
- Lot 246
- Ireland
- Mixed Use
- Commercial
Sold for €240,000
Property Summary
- A mixed use investment.
- Comprising ground floor retail unit together with office accommodation overhead.
- Extending to approximately 107 sq. m (1,151 sq. ft) in total.
- Town centre location.
- Retail unit let to an individual t/a Mooney Estates.
- Lease expiry 2022.
- Office unit sub-let to an individual t/a John O'Donovan Solicitors.
- Lease expiry 2018 (overholding).
- Total current passing rent €10,800 per annum.
- Net Initial Yield 6.77%.
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Property description
The property is arranged to provide a two storey end of terrace retail building. The property comprises ground floor retail accommodation together with office accommodation overhead. The property is situated on the northern side of Rafter Street, in Gorey town centre. Surrounding occupiers include Supervalu, Dealz and Permanant TSB.
Total floor area extending to approximately 107 sq. m (1,151 sq. ft) in total.
All intending purchasers are advised to satisfy themselves as to the accuracy of the measurements provided.
VAT
Please refer to Legal Documents
BER Rating
E2
BER Identification Number
800777682
Energy Performance Indicator
411.73 kWh/m²/yr 2.26
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*Terms & Conditions
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.
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