Investment Opportunity!
Vincent Finnegan Limited are delighted to introduce this investment property to the market.
As promised the following are the building details:
The building consists of three floors.
Ground Floor is rented to an antiques shop called The Treasure Chest and measures 319sq.ft/29.6sq.m and has a small yard to the rear only accessible through the shop.
The unit is held on an IRI lease for 35 years from 1st May 1996 with 5 year rent reviews subject to a current rent of €10,000 per annum (This was reduced from €11,500 in February 2011 and the last rent review took place on 1st May 2006). Approx. 15.5 Years unexpired.
The first floor and second floor are rented to a picture framer called In The Frame. The first floor measures 303 sq.ft/28.1 sq.m and the second floor measures 155 sq.ft/ 14.4 sq.m.
The floors are held under an IRI lease for 35 years from 21st April 1988 with 5 year rent reviews subject to a current rent of €9,000 per annum (This was reduced from €10,400 in February 2011 and the last rent review took place on 21st April 2008). Approx. 7.5 years unexpired.
BER:
BER No. XXX
Energy Performance Indicator: XXX kWh/m²/yr
By appointment only
