Unit 1, The Glebe, Wicklow Town, Co. Wicklow, A67 HE87
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Auction
- Lot 86
- Ireland
- Retail
- Commercial
Sold for €395,000
Property Summary
- A substantial retail investment.
- Comprising a ground floor retail unit.
- Extending to approximately 425 sq.m (4,574 sq. ft).
- Let to Centz Stores Limited.
- Lease expiry 2036.
- Current rent reserved €40,000.
- Net Initial Yield 9.21%
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Property description
The property is arranged over ground floor only to provide a substantial retail unit. Internally the property comprises of open plan retail accommodation currently in use as a discount supermarket store. The property is set within a wider mixed use development.
The property is located on the R760. Surrounding occupiers include Michael Collins Pharmacy, Tesco Superstor and Vital Health Cafe.
Total floor area extending to approximately 425 sq.m (4,574 sq. ft).
All intending purchasers are advised to satisfy themselves as to the accuracy of the measurements provided.
BER Information
BER – B3
BER Number - 800274524
EPI - 79.08 kgCO2/m2/yr 1.42
Tenancy
The entire property is at present let to Centz Stores Limited for a term of 20 years from 01.06.2016 at a contractual rent of €40,000 per annum.
VAT
BER Rating
BER Identification Number
800274524
Energy Performance Indicator
691.09(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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