Unit 21/22 Briarhill Business Park, Ballybritt, Co. Galway, H91 WT3P
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Auction
- Lot 115
- Ireland
- Retail
- Commercial
Sold for €692,000
Property Summary
- Online Auction: 29th September 2022.
- A modern retail warehouse investment.
- Comprising first floor retail accommodation.
- Extending to approximately 735 sq. m (7,911 sq. ft).
- Located in a well established industrial estate.
- Let to N17 Discount and Electrical Limited.
- Lease expiry 2023.
- Current rent reserved €40,000 per annum.
- Reversionary potential
- NIY 6.67%
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Property description
The property is arranged to provide an end of terrace retail warehouse unit. Internally the property comprises first floor office and showroom accommodation. The property is set within Briarhill Business Park which is situated just off the N6 motorway in Galway. Surrounding occupiers include Connolly's Audi Ballybrit, Homesavers and DID Electrical.
Total floor area extending to approximately 735 sq. m (7,911 sq. ft)
All intending purchasers are advised to satisfy themselves as to the accuracy of the measurements provided.
Tenancy
The property is at present let to N17 Discount and Electrical Limited for a term of 10 years from 01.09.2013 at a contractual rent of €40,000 per annum, exclusive of rates and VAT.
VAT
BER Rating
BER Identification Number
800842684
Energy Performance Indicator
331.81 kWh/m²/yr 0.74
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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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