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€600,000

Commercial Units at Riverside Development, Main Street, Arklow, Co. Wicklow

Investment Property

Property Overview

  • Available From: Immediately

Description

    Online Auction Date: 30th June 2022 A substantial retail invesment. Comprising two x ground floor retail units. Extending to approximately 523 sq. m (5,679 sq. ft) in total.  Retail unit 1 let to Sunbeam House Services Ltd.  Lease expiry 2051. Retail unit 2 let to Kstyle Hair Salon. Informal agreement. Total current rent reserved €106,600 per annum. Net Initial Yield 13.69%.  The property is arranged over ground floor only to provide two x adjacent retail units. Internally retail unit 1 comprises reception area, meeting rooms, office space and classrooms. Retail unit 2 comprises open plan hair salon. The property forms part of a mixed use development over two upper floors with residential overhead. The property is located on Main Street. Surrounding occupiers include Apache Pizza, Bank of Ireland and Jay Kays Pub. Total floor area extending to approximately 523 sq. m (5,679 sq. ft.) All intending purchasers are advised to satisfy themselves as to the accuracy of the measurements provided. Ref: IE0020622000295

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    BER Details

    C2

    BER No: 0

    Energy Performance Indicator: 330.68 kWh/m2/yr

    Statistics

    27/06/2022

    Entered/Renewed

    484

    Property Views

    Daft ID: 59224358

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    Ben McArdle

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