Auction
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Units 5, 10 & 17 The Bridge Centre, Tullamore, Co. Offaly

  • Auction
  • Ireland
  • Retail
  • Commercial

Sold for €727,000

Addendum

Please be advised that the total current rent reserved is €70,159 per annum and not €73,844 per annum as previously stated. Please note Unit 5 commencement date is 13.04.2022 and any reference to a previous lease should be disregarded.

Property Summary

  • Town centre retail investment.
  • Comprising 3 x ground floor retail units. 
  • Located within the Bridge Centre Tullamore. 
  • Total floor area extending to approximately 253 sq m (2,724 sq ft). 
  • Unit 5 let to J&J Retail Ltd. Bestseller
  • Lease expiry November April 2027. 
  • Unit 10 let to Dolans Pharmacy.
  • Lease expiry September 2030.
  • Unit 17 let to an individual.  
  • Rolling 3 month licence. 
  • Total current rent reserved €70,159 per annum. 
  • 11.6 % 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.

Please note Dolans Pharmacy occupy Units 10 & 11, for the avoidance of doubt only Unit 10 is part of the subject property for sale.

Tenancy

Please refer to legal documents

Additional Details

Unit TenantUse FloorSq. M.Sq. Ft. Lease TermLease ExpiryBreak OptionPassing Rent 
5J&J Retail Ltd. BestsellerRetailGround768205 years from 13/04/202206/04/2027April 2025€19,000*
10Dolans PharmacyRetailGround1431,55010 years from  12/09/202011/09/2030NA€45,000
17An individual t/a Avant RetailGround32354Rolling 3 month licence from April 2013. NAN/A€6,159
          
   Total 2532,724   €70,159 p.a.

*3 months’ rent free year 1 and 3 months in year 2. April 2024 rent reverts to contracted rent of €19k pa.

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

Please note Dolans Pharmacy occupy Units 10 & 11, for the avoidance of doubt only Unit 10 is part of the subject property for sale.

VAT

Please refer to Legal Documents

BER Rating

B2 - C2

*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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