Unit 9 Downshire Shopping Centre, Edenderry, Co. Offaly
-
Auction
- Lot 196
- Ireland
- Retail
- Commercial
Sold for €60,000
Property Summary
- A retail investment.
- Comprising a ground floor retail unit.
- Extending to approximately 130 sq. m (1,399 sq. ft).
- Set within Downshire Shopping.
- Let to The Bagel Bar.
- Lease expiry 2031.
- Current rent reserved €6,000 per annum*.
- Net Initial Yield 9.09%.
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Property description
The property is arranged to provide a ground floor retail unit. Internally, the property comprises a retail unit to the front together with ancillary accomodation to the rear. The property is set within Downshire Shopping Centre.
Total floor area extending to approximately 130 sq. m (1,399 sq. ft).
All intending purchasers are advised to satisfy themselves as to the accuracy of the measurements provided.
BER Information:
BER - D2
BER Number -800664922
EPI - 894.79 kWh/m²/yr1.85
Tenancy
The entire property is at present let to The Bagel Bar for a term of 25 years from 06.04.2006 at a contractual rent of €16,000 per annum. The rent is inclusive of service charges amounting to €10,000 per annum, providing a net rental income of €6,000 per annum.
*We have been advised by the vendor that rental income is currently not being received.
VAT
BER Rating
BER Identification Number
800664922
Energy Performance Indicator
894.79 kWh/m²/yr1.85
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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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