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Unit 4 Millenium Court, Youghal, Co. Cork

  • Auction
  • Lot 302
  • Ireland
  • Office
  • Commercial

Sold for €246,000

Property Summary

  • An office investment.
  • Comprising ground and first floor office and clinic accommodation.
  • Extending to approximately 371 sq. m (3,993 sq. ft).
  • Ground floor let to The Health Service Executive (HSE).
  • Lease expiry 2012 (rolling agreement).
  • Situated north of Youghal town centre.
  • Current rent reserved €30,750 per annum (incl. of VAT at 23%) with vacant possession of first floor.
  • Net initial yield 16%.

Contact Us

Gillian Earley
Gillian Earley
Property Agent, here to help.
Naomi Mullally
Vendor's Solicitor

Contact Us

Gillian Earley
Gillian Earley
Property Agent, here to help.
Naomi Mullally
Vendor's Solicitor

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Property description

Please note viewing times can be booked through our website, BidX1.com. Please note in order to view the available times you must be logged in to your account

The property is arranged over ground and first floors to provide an office building. Internally the property comprises office, storage, surgeries and therapy room at ground floor level together with first floor cellular office accommodation.

Total floor areas extending to approximately 371 sq. m (3,993 sq. ft).

Additional Details

UnitFloorAccommodationLease TermsCurrent Rent €p.a.
4GroundOffice

1 year from 20.01.2011

Rolling lease

€30,750 p.a.*
4FirstOfficeVacant-
   Total€30,750 p.a.*

*We have been informed by the Vendor that the current rent for the ground floor unit is inclusive of VAT at 23%. The current rent is €25,000 p.a. excl. of VAT.

VAT

Please refer to Legal Documents

BER Rating

D2 - E1

BER Identification Number

Available From Bidx1

Energy Performance Indicator

303.83 kWh/m²/yr - 469.04 kWh/m²/yr

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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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