Main Street Dunleer, Main Street, Dunleer, Co. Louth, A92 AFH1

€650,000
Retail Unit For Sale | 2,563 sq. feet (238 sq. metres)
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Overview

Property Description:

Excellent Investment opportunity situated in a prominent position in Dunleer, Co. Louth. Tenants not affected.

Location
The property is situated on Main Street Dunleer. Dunleer is a busy market town located c.24 kilometres south of Dundalk, 16km north of Drogheda and 65 km north of Dublin.

Description
The property comprises a ground floor retail unit occupied by Bradleys Pharmacy. It adjoins a Medical Centre (which does not form part of this sale) and enjoys strong trade.

ACCOMMODATION
Description Sq.
M. Sq. Ft
Ground Floor 238.11 2,563

Tenancy
The unit is currently occupied by Bradleys Pharmacy who will agree a new lease prior to the sale closing. The terms will be a 20 year lease with 5 yearly rent reviews (market rent) and no break options. The rent will be €80,000 per annum.

Rates
We understand that the 2017 Rates payable to Louth County Council is €6,000 per annum.

Guide Price
The unit is currently occupied by Bradleys Pharmacy who will agree a new lease prior to the sale closing. The terms will be a 20 year IRI lease with 5 yearly rent reviews ( market rent) and no break options. The rent will be €80,000 per annum.

Guide Price
Seeking offers in excess of €650,000 which equates to a NIY of 11.35%, after standard purchasers costs of 8.86%.

Daft Property Shortcode:

http://www.daft.ie/5549447

Date Entered/Renewed:

21/11/2017 (24 days ago)

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Address:

Main Street Dunleer, Main Street, Dunleer, Co. Louth

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