Auction
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406-407 Millbrook, JFK Parade, Sligo Town, Co. Sligo, F91 HX01

  • Auction
  • Lot 80
  • Ireland
  • Industrial
  • Commercial

Sold for €169,000

Property Summary

  • Online Auction Date: 24th February 2022
  • An office investment.
  • Comprising a ground floor office suite.
  • Extending to approximately 190 sq. m (2,045 sq. ft) in total.
  • Comprised within a wider mixed use development.
  • Let to North Western Health Board (HSE).
  • Lease expiry 2006 (overholding).
  • Current rent reserved €22,570 per annum.
  • Net initial yield 12.82%. 

Contact Us

Emma Byrne
Emma Byrne
Property Agent, here to help.
Kasia Walsh
Vendor's Solicitor

Contact Us

Emma Byrne
Emma Byrne
Property Agent, here to help.
Kasia Walsh
Vendor's Solicitor

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Property description

The property is arranged to provide a ground floor office suite. Internally, the property comprises of cellular office space together with a treatment room and toilet facilities. The property is set within a wider office development on John F Kennedy Parade, adjacent to Bridge Street, and convenient to the N4. Surrounding occupiers include Sports Direct, Oates Breheny Group and Embassy Steakhouse.

Total floor area extending to approximately 190 sq. m (2,045 sq. ft). 

All intending purchasers are advised to satisfy themselves as to the accuracy of the measurements provided.

BER Information

BER - D1

BER Number - 800806994

EPI -240.35 kWh/m²/yr 1.62

Tenancy

The entire property is at present let to North Western Health Board for a term of 5 years from 24.05.2001 (overholding) at a contractual rent of €22,570 per annum.

VAT

Please refer to Legal Documents

BER Rating

D1

BER Identification Number

800806994

Energy Performance Indicator

240.35 kWh/m²/yr 1.62

Helpful links

*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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