Creche at Ruthstown, Ballyfoyle, Co. Kilkenny, R95 WD59
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Auction
- Lot 113
- Ireland
- Mixed Use
- Commercial
Sold for €52,000
Property Summary
- Online Auction Date: 24th February 2022.
- A Creche investment.
- Comprising a detached creche building.
- Extending to approximately 139 sq. m (1,496 sq. m).
- Let to an individual t/a Grassroots Childcare Limited.
- Lease expiry 2025.
- Current rent reserved €7,200 per annum.
- Net Initial Yield 14.5%.
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Property description
The property is arranged over ground floor only to provide a detached creche building. Internally the property comprises creche facilities including classrooms, office, kitchen and toilet facilities. The property benefits from a side and rear garden.
The property is comprised within part Folio KK8589, Plan 8A and is situated just off the N78 approximatley 10 km north of Kilkenny City.
Total floor area extending to approximately 139 sq. m (1,496 sq. m).
All intending purchasers are advised to satisfy themselves as to the accuracy of the measurements provided.
BER Information
BER – D1
BER Number - 800814915
EPI - 279.42 kWh/m²/yr 1.69
Tenancy
The entire property is at present let to an individual t/a Grassroots Childcare Limited for a term of 10 years from 01.01.2015 at a contractual rent of €7,200 per annum.
VAT
BER Rating
BER Identification Number
800795015
Energy Performance Indicator
279.42 kWh/m²/yr 1.69
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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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