We have updated our Cookie Policy

Daft.ie uses cookies to give you the best possible experience when using our service; to offer additional functionality, to personalise content and advertising, to analyse our traffic, and to provide social media features. We also share information about your use of our service with our partners. By continuing to use our site we'll assume that you are happy to receive all cookies on Daft.ie. Please read our for more information on how we use cookies and how you can manage your preferences.
continue

Knightsbrook Square, Trim, Co. Meath

€1,950,000
Investment Property For Sale | 11,285 sq. feet (1,048 sq. metres)
  • Overview
  • Map View
  • Other properties from this agent

Overview

Property Description:

FOR SALE BY PUBLIC AUCTION (UNLESS PREVIOUSLY SOLD) ON WEDNESDAY 13 TH NOVEMBER AT 3 PM IN TRIM CASTLE HOTEL, TRIM, CO. MEATH
Landmark Commercial Investment Opportunity (Tenants Not Affected)
Knightsbrook Square occupies an excellent location close to the prestigious 4 star Knightsbrook Hotel and Golf Resort. There is excellent access to Trim town centre, the Trim /Dublin Rd (R154), the M3 and M50 motorways. The location is ideally suited for commuters.

The entire 4 storey block is for sale in one lot and consists of 10 apartments with retail / office premises at ground level. There are 2 x 1 bed apts, 7 x 2 bedrooms apts and one 3-bedroom apartment.

There is a long-established hair salon occupying one of the retail units while the remaining units have recently been let as offices. Lease information available on request.

The apartments are bright and well maintained. Currently there is strong rental demand for properties in the area, all ten of the apartments are rented on medium to long term leases and are maintained to a high standard. The apartments are very well furnished and are contemporary in their design with each apartment having a dedicated parking space. There are 30 car spaces in total.

Overall the entire block is very well maintained and has the added advantage of not being under the control of a mgt company meaning the new owner can appoint their own management company or manage it themselves.
The annual rent of 174,600 per annum is an excellent return on investment with good potential for capital appreciation in the medium to long term.

Gross Yield: Approx. 9%.
BER Ratings available upon request.

VAT: Please note VAT will be payable on the commercial units.

Daft Property Shortcode:

https://www.daft.ie/5856928

Date Entered/Renewed:

27/9/2019 (26 days ago)

Property Views:

916
Show on Map

Road map

Map Legend:

Exact Location Match Exact location match

Address:

Knightsbrook Square
David Costello Photo

David Costello

Contact me about
this or any of our
listed properties.

sending_reply

Sending Reply

Terms of Use

We want you to know exactly how our service works, why we need your details, how we process that information as well as your rights and responsibilities. Please state that you have read and agree to our Terms of Use before continuing.

Send message
Share on:
Viewing 1 of 5 photos
Picture No. 06