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Units 1A, 2 & 19/20, The Bridge Centre, Tullamore, Co. Offaly, R35 F688

  • Auction
  • Lot 32
  • Ireland
  • Retail
  • Commercial

Sold for €513,000

Addendum

Please be advised of the following amendments to the Contract for Sale a) to Documents D.1(b) and D.1(c) in the Documents Schedule and b) to Special Condition 8.4(b). Please be advised of the inclusion of the Closing Date in the Contract for Sale.

Property Summary

  •  Town centre retail investment.
  • Comprising 3 x ground floor retail units. 
  • Total floor area extending to approximately 262 sq m (2,831 sq ft). 
  • Unit 1A let to Boston Barbers Bars.
  • Lease expiry November 2027. 
  • Unit 2 let to Kit Your Kitchen. 
  • Lease expiry March 2032.. 
  • Unit 19/20 let to Vero Moda. 
  • Lease expiry October 2025. 
  • Total current rent reserved €58,000 per annum. 
  • 13.2 % NIY.

Contact Us

Richard Hoey
Richard Hoey
Property Agent, here to help.
Niamh Carragher
Vendor's Solicitor

Contact Us

Richard Hoey
Richard Hoey
Property Agent, here to help.
Niamh Carragher
Vendor's Solicitor

Downloads

Property description

The properties are arranged over ground floor only. Internally the property comprises 3 x ground floor retail units. 

The properties are situated in The Bridge Centre located in the Centre of Tullamore. The Bridge Centre benefits from 450 car parking spaces and has a weekly footfall of circa 65,000 and the entire shopping centre is 95% let. Surrounding occupiers include Dunnes Store, IMC Cinema, Vodafone and Holland and Barrett, to name but a few.

Additional Details

Unit TenantUse FloorSq. M.Sq. Ft. Lease TermLease ExpiryBreak OptionPassing Rent 
1ABoston Brand Bars Ltd.RetailGround5054012 years from 13/11/201517/11/2027N/A€12,000
2An individual t/a Kit Your KitchenRetailGround626666 years 1 month from  01/01/201631/01/2032N/A€16,000
19/20L.O.M. retail Limited t/a Vero Moda RetailGround1501,6255 years from 21/12/202514/10/2025N/A€30,000 base rent or 8% of T/o (the higher of)
          
   Total 2622,831   €58,000

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

VAT

Please refer to Legal Documents

BER Rating

B2 - E2

BER Identification Number

Available From Bidx1

Energy Performance Indicator

1891.58 kWh/m²/yr - 542.35 kWh/m²/yr 

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. BidX1 is a trading name of BidX1 Ireland Limited. PSRA Registration Number 001652.

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