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Inis Carrig, Athlone, Co. Westmeath

Type Retail
Offer Status For Sale
Estate Agent RE/MAX Midland Properties
From

EUR 1,750,000

£ 1,360,022*

US$ 2,374,854*

Description

Superb investment property with excellent potential for significant uplift in rental income at next review. Great location beside Supermacs and Texas Dept. Store.

Terms:

Tenant: Athboyle Property Ltd. trading as Boyle Sports.

Lease: 20 year lease from 1st February 2005 with 5 yearly rent reviews upward only.

Rent:¤82,000 per annum.

Size: 3,224 sq. ft.



Athlone has seen a significant uplift in retail rents since this property was let (rent agreed in 2003 subject to planning). Excellent rent review potential as current rents in the area exceed ¤35 per sq. ft.

Quick link to this property www.propertynews.com/r7sn

RE/MAX Midland Properties

www.remax-ireland.com

Agent Contact Details
  • 5 Main Street
  • Athlone
  • Westmeath
  • Mike Ganly
  • (087) 2538826
  • Tel: 353 90 6493135
  • Fax: 353 90 6492675
  • Email the Agent

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