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A Building Energy Rating (BER) indicates the energy performance of a property. Using a scale of A to G, higher rated homes will have lower energy bills.

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1 Shop Street, Galway City, Co. Galway, H91 V0R2

€1,750,000 SALE AGREED
Investment Property For Sale | 4,398 sq. feet (409 sq. metres)
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Overview

Property Description:

***Please note that this property is now for sale by way of online auction on Thursday 10th September @ 14.00** Contact agents for further details.

The subject property comprises a prominent -five storey over basement corner building extending to approximately 307.35 sq.m. (3,308 sq.ft.) NIA and 408.61 sq.m. (4,398 sq.ft.) GIA. The property benefits from dual frontage onto Shop Street and Abbeygate Street.

Externally the building has the benefit of a large modern display window at ground floor while retaining the original character at the upper levels. Internally, the ground floor is laid out as an open plan retail store and currently trades as a mobile phone shop.

The upper floors are accessed via an internal stairs. The first and second floors are fitted and are in use as offices and sta areas. The third, fourth and basement floors comprise storage accommodation. The upper floors may also be accessed via a separate external door from Abbeygate Street.

The subject property is listed as a protected structure in the Record of Protected Structures (RPS) Ref: 9301.

Location
The subject property is located at the junction of Shop Street and Abbeygate Street directly opposite AIB and adjacent to LifeStyle Sports. Shop Street oers a unique shopping experience with a wide array of retail outlets. The street is home to local, national and international retailers Schuh, Rituals
Holland & Barrett and Boots, with Brown Thomas, Edwards Square and Eyre Square Shopping Centre nearby on William Street. These occupiers combined with a host of tourist attractions, bars and restaurants generate consistently high levels of footfall throughout the year.

Tenancy
The subject property is let in its entirety to Three Ireland (Hutchison) Limited on a 10-year Full Repairing and Insuring lease from May 2016. The lease provides for an open market rent review in May 2021, the rent will be reviewed to open market rental value. A deed of renunciation has been executed by the tenant.
PDF Brochure 

PDF Brochures:

 Brochure

BER Details

BER Exempt

What is BER?

A Building Energy Rating (BER) indicates the energy performance of a property. Using a scale of A to G, higher rated homes will have lower energy bills.

Learn more
What's this?

Daft Property Shortcode:

https://www.daft.ie/5967920

Date Entered/Renewed:

13/9/2020 (43 days ago)

Property Views:

928
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Map Legend:

Exact Location Match Exact location match

Address:

1 Shop Street

Distance to City Centre:

0.2 km (0.1 miles), 0 minute walk
Bryan Garry, Director Photo
This property is sale agreed
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This property is sale agreed
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1 Shop Street, Galway City, Co. Galway