Eyre Square Shopping Centre, Galway City Centre

Eyre Square Shopping Centre, Galway City Centre

€350,000

50 m²Investment Property
  • Selling Type:By Private Treaty
  • Available From:Immediately

About this property

Description

PRIME INVESTMENT OPPORTUNITY AVAILABLE - PRODUCING c.8.1% Yield O'Donnellan & Joyce are delighted to offer this prime investment property to the market, positioned in the heart of Eyre Square Shopping Centre. The subject property is being offered with a secure tenant on a 10-year lease from March 2024. Passing rental income equates to €28,600 Per Annum. Eyre Square Shopping Centre is one Galway's premium retail centres in the heart of Galway City located just off Eyre Square and the main thoroughfare of Shop Street, William Street and Edward Square. The Eyre Square Centre is a well-established retail complex with many retail units and anchor tenants include Penney's and Dunnes Stores and this would be regarded as an excellent commercial unit within the centre itself. The Eyre Square Centre boasted an annual footfall of approximately 14 million people in2019 and also has the benefit of a large multi-storey car park accommodating up to 450 car- parking spaces. In addition, the Eyre Square Centre has recently been extended to incorporate a new feature entrance directly off Eyre Square which has substantially increased the overall profile of the centre. -Strong covenant tenant & ideal for pension fund acquisition. -Adjacent to several high profile retailers. -No break clause. -Service Charges & Rates: Tenant's responsibility. -Offering c.8.11% Yield For further information, please contact Shane McDonagh of O'Donnellan & Joyce.

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  • 29/11/2025
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Daft ID: 56444964

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