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BER C3

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

Ormonde Centre, Gladstone Street, Clonmel, Co. Tipperary

€2,250,000
Investment Property For Sale | 37,814 sq. feet (3,513 sq. metres)
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Overview

Property Description:

Ormonde Centre, Gladstone Street, Clonmel, Co. Tipperary
"Prime Retail Investment Opportunity"

For Sale by Private Treaty
(Tenants Not Affected)

BER - C3



Investment Considerations;
- Modern Retail Development - The Ormonde Centre, Clonmel was redeveloped/completed in 2010 and is constructed to an extremely high standard providing bespoke retail space.
- Clonmel Catchment - Clonmel is the capital of the South Midlands region with an extensive catchment - Clonmel draws from a catchment of over 105,000 persons.
- The property comprises a part three storey, part single storey development offering both retail and office accommodation in the heart of Clonmel Town Centre.
- Entire extends to 3,513 sq m (37,810 sq ft)
- Accommodation - Approximately 2,537 sq m (27,310 sq ft ) of retail accommodation and 975 sq m ( 10,500 sq ft ) of office space
- Current Income - €120,000 per annum from 20% of the development
- Asset Management - 80% of floor space is vacant, offering opportunity to enhance return, including fitting out and/or letting shell and core units
- Attractive Reversionary Yield - ERV €445,000 - Reversionary yield is 20% on quoting price of €2.25 million
- Opportunity to acquire the development at below the current development cost
- Freehold Income Producing Asset
- Guide Price - €2.25 million (Ex VAT)
- For Sale by Private Treaty ( Tenants Not Affected)

BER Details

BER C3

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?
BER No 800088577
Energy Performance Indicator: 1006.38 kWh/m2/yr

Daft Property Shortcode:

https://www.daft.ie/5508029

Date Entered/Renewed:

12/7/2018 (5 days ago)

Property Views:

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Address:

Ormonde Centre, Gladstone Street, Clonmel, Co. Tipperary

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John Murray

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Ormonde Centre, Gladstone Street,, Clonmel, Co. Tipperary