Lot 86
Auction
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Unit 1, The Glebe, Wicklow Town, Co. Wicklow, A67 HE87

Auction
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%

Contact Us

Ben McArdle
Ben McArdle
Property Agent, here to help.

Contact Us

Ben McArdle
Ben McArdle
Property Agent, here to help.

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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

VAT

Please refer to Legal Documents

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.


*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 interested parties 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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