Fenbyrne House, Main Street, Arklow, Co. Wicklow, ... - BidX1

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Venta Digital

Fenbyrne House, Main Street, Arklow, Co. Wicklow, Y14 C3K8

Venta Digital
Irlanda
Uso Mixto
Comercial

Vendido

Vendido por €1,850,000

Resumen de la propiedad

A mixed use investment opportunity in Arklow Town Centre
8 x 2- bed residential units & 4 x retail / commercial units
Fully let development generating a combined rental income of €176,616 p.a.
Blended NIY of 8%
Reversionary potential with upcoming rent review on commercial units
Two commercial leases have rent reviews in 3-year intervals
5 x surface car parking spaces
Total floor area over three storeys extends to approx. 12,757 sq ft
Excellent Town Centre location

Contacto

Johnny O’Connor

Johnny O’Connor

El equipo está para ayudarte

johnny.oconnor@bidx1.com

+353 (0) 86 380 1639

Nana Collins

Nana Collins

El equipo está para ayudarte

nana.collins@bidx1.com

+353 (0) 86 877 3522

Contacto Legal

Deirdre Farrell

Abogado del Vendedor

Deirdre.Farrell@hamiltonturner.com

Contacto

Johnny O’Connor

Johnny O’Connor

El equipo está para ayudarte

johnny.oconnor@bidx1.com

+353 (0) 86 380 1639

Nana Collins

Nana Collins

El equipo está para ayudarte

nana.collins@bidx1.com

+353 (0) 86 877 3522

Contacto Legal

Deirdre Farrell

Abogado del Vendedor

Deirdre.Farrell@hamiltonturner.com

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Descripción de la propiedad

Fenbyrne House comprises a three storey, mid-terrace, mixed use property located in the centre of Arklow town.

The property contains 4 no. retail units on the ground floor, two of which front onto Lower Main Street and two front to the public town car park to the rear.

The eight residential units are laid out over first and second floor ranging in size from 824 sq ft to 1,171 sq ft.

All units comprise 2 bedrooms with one ensuite and benefit from a balcony / terrace. Two of the residential units are duplex apartments.

The total residential floor area extends to 8,062 sq ft and retail area to 4,695 sq ft. There is additional private open space and two bin stores within the property demise.

Ubicación

Fenbyrne house is located in the centre of Arklow town within close proxinimty to all amenities.

Arklow is a busy town in Wexford on east coast of Ireland, approximatley 85 km sout of Dublin City, with an urban population of around 13,000 people.

Aklow is easily accessed due to its convenient location along the M1 and further benefits from a train station along the Dublin-Rosslare railway line.

All residential units are let on individual private tenancies.

The commercial units are let on the following terms:

Unit 1 - 10 year lease to hair and beauty salon from 1st Nov. 2018 with three yearly rent reviews and a tenant break option at the end of year 5.
Unit 2 - 10 year lease to restaurant operator from 1st July 2019 with three yearly rent reviews and a mutual break option at the end of year 5.
Unit 3 & 4 - 10 year lease to Sunbeam House from 1st April 2017 with five yearly rent reviews.

Tenancy and Accommodation Schedule:

Apt No	Beds	Size in Sq Ft	Rent p/m	Rent p. a.
No 1	2	1,065	€1,194	€14,328
No 2	2	1,065	€1,242	€14,904
No 3	2	980	€1,300	€15,600
No 4	2	980	€1,200	€14,400
No 5	2	830	€1,194	€14,328
No 6	2	830	€1,179	€14,148
No 7	2	1,190	€1,194	€14,328
No 8	2	1,190	€1,300	€15,600
8 x Apt		8,130	€9,803	€117,636
Retail Unit No	Use	Size in Sq Ft	Rent p/m	Rent p. a.
Unit 1	Service Retail	900	€965	€11,580
Unit 2	F&B	1,250	€1,300	€15,600
Unit 3 & 4	Service Retail	2,600	€2,650	€31,800
4 Retail Units		4,750	€4,915	€58,980

Total		12,880	€14,515	€176,616

zonificación

The property is located within an area zoned objective TC - Town Centre, 'to provide for the development and improvement of appropriate town centre uses including retail, commercial, office and civic use, and to provide for ‘Living Over the Shop’ residential accommodation, or other ancillary residential accommodation, as defined by the Arklow and Environs Local Area Plan 2018 - 2024.

Impuestos

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*Términos y Condiciones

Ninguna información, declaración, descripción, cantidad o medida contenida en alguno de los datos de ventas o proporcionada oralmente así como contenida en cualquier página web, folleto, catálogo, correo electrónico, carta, informa, expediente o folleto emitido por o en nombre de BidX1 o el proveedor con respecto a la propiedad constituirá una representación, una condición o una garantía en nombre de BidX1 o del vendedor. Cualquier información, declaración, descripción, cantidad o medida proporcionada o contenida en dichos detalles de venta, página web, folletos, catálogos, correos electrónicos, cartas, informes o folletos emitidos por o en nombre de BidX1 o el vendedor son solo para fines ilustrativos y no deben tomarse como hechos. Cualquier error, omisión, inexactitud o descripción errónea proporcionada verbalmente o contenida en cualquier información de venta, página web, folleto, catálogo, correo electrónico, carta, informe o folleto emitido por o en nombre de BidX1 o el vendedor no dará lugar a ningún derecho de acción, demanda, reclamación o compensación contra BidX1 o el vendedor. Todas las partes interesadas deben satisfacerse mediante la realización de la debida diligencia independiente, inspecciones o de cualquier otro modo en cuanto a la exactitud de la información, declaraciones, descripciones, cantidad o medidas contenidas en dichos detalles de venta, página web, folleto, catálogo, correo electrónico, carta, informe o folleto emitido por o en nombre de BidX1 o el vendedor.