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Investment Property, Tullamore, Co. Offaly

Investment Property For Sale | 5,048 sq. feet (469 sq. metres)
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Property Description:

The subject 3-storey building is a landmark building located in one of the midlands largest towns, it has its own car-park (10 spaces) to the rear. The subject property is occupied by an excellent PLC tenant. The existing tenant initially occupied the premises (with a 25-year FRI lease) in 1984. They re-entered another 20-year FRI lease in May 2009, with rent reviews (upwardly-only) every 5 years, the existing rent is €195,000 per annum, there is a tenant break option in year 2024 (subject to 12 months€TMnotice) if required. We expect to secure in the region of €3.2 million for same.

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Date Entered/Renewed:

23/5/2019 (today, 11 hours ago)

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Area Level Match Area level match (i.e. the property could be anywhere within Tullamore)


Investment Property, Tullamore, Co. Offaly

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