Description
Prime Retail & Residential Investment.
Comprising a high quality retail unit extending to an area of c. 300 Sq.M., 1st Flor commercial space c. 115 sq.m. & 2 no. Two Bedroom Apartments.
Ground floor let to excellent tenant covenant - T/A Hayes Pharmacy, under Long Term Lease, 20 yr 6 months. Over 19 yrs enexpired - No Break Options.
Ground Floor Income: '40,000 per annum. Immediate potential for increase in Total Income through letting of Apartments & 1st Floor commercial space.
High Profile Location, opposite Market Square. Neighbouring Occupiers include Mace Supermarket, Bank of Ireland, Tully's Hotel.
Landmark Building, situated in Castlerea Town Centre.
Parking Forecourt to side of Property.
The property comprises of a Two storey modern building of Concrete block construction, Hollowcore Floor, built c. 1983 and recently re roofed. The building consists of a retail shop at ground level with commercial space & 2 Fully Furnished Apartments overhead. Each Apartment offers own door access. There is parking forecourt t the side of the property and alternative public parking areas are available directly across the road (100 car spaces).
Title: Long Leasehold - 999 years
Viewings: By Appointment Only
Viewing Details: By contacting our office
Quick link to this property www.propertynews.com/mz5m
