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May
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Rockville House, Main Street, Rathnew

€1,195,000
- Retail Units 320 m² / 3444 ft² For Sale
Edited 1 year ago

Description

Opportunity to acquire the Freehold interest of a commercial property at the heart of Rathnew Village. “Rockville House” positioned on a pivotal corner site, is spread out over two floors with an XL Stop & Shop convenience store and Chinese takeaway on the ground floor with a large beauty salon with numerous treatment rooms on the first floor. Rockville House is divided into three separate commercial and retail units with a net internal floor area of circa. 320 sq metres (3500 sq ft). Currently achieving €75,000 per annum in rent this property will produce an annual yield of 6.25% for the purchaser. This is couples with the fact that the property is zoned Town Centre allowing for future development potential.
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Features

• Zoned Town Centre.
• Garanteed rental income of €75,000 per annum.
• Tenants non-affected.
• Positioned on a pivital corner site.
• Future development potential.

Accommodation

Unit 1 Ground Floor XL Stop & Shop Convenience Store

Main Floor Area: 52 ft x 23.5 ft

Store Room: 27.5 ft x 15 ft


Unit 2 Ground Floor Chinese Takeaway

Main Floor Area: 40ft x 13.5ft


Unit 3 First Floor Hair & Beauty Salon

Entrance Hall: 16.6 ft x 5.5 ft
Reception : 26.6 ft x 11 ft
Hair Salon: 14.8 ft x 14.5 ft
Sunbed Suites: 14.6 ft x 13. 8 ft
Treatment Room One: 11 ft x 10.5 ft
Treatment Room Two: 16.6 ft x 11 ft
Treatment Room Three: 11 ft x 8.5 ft
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Viewing

By Appointment

Lease Information

Unit 1 Ground Floor XL Stop & Shop Convenience Store

• Term: 25 years I.R.I Lease
• Reviews: Every 5 years
• Rental Income: €40,000 per annum
• Floor Area: Circa. 150 sq metres (1620 sq ft)

Unit 2 Ground Floor Chinese Takeaway
• Term : 9 years 9 months I.R.I Lease
• Reviews: Every 5 years
• Rental Income: €15,000 per annum
• Floor Area: Circa. 50 sqmetres (540 sq ft)

Unit 3 First Floor Hair & Beauty Salon
• Term: 3 yrs 9 months
• Rental Income: €20,000 per annum
• Floor Area: Circa. 118 sq metres (1270 sq ft)
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Location

Going down the N11 take the turn off for Rathnew and Wicklow. Proceed through the roundabout into the village of Rathnew. Keep right of the roundabout in the centre of the village and Rockville House is located 20 metres on the right at the centre of the Y junction.
There is a car park located directly across from the property as well as three designated parking spaces outside the premises itself.
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Negotiator Details

Matt Forkin

Interested in this Commercial Property?

Contact the Estate Agent about: Rockville House, Main Street, Rathnew
Forkin Estates
  • Forkin Estates
  • Main Street, Delgany, 2A Main Street Wicklow Town Co. Wicklow
  • Phone: 01 2878858 (Delgany) - 040461933 (Wicklow)
  • Fax: 01 2878859

Forkin Estates

agentLogo
  • Forkin Estates
  • Main Street, Delgany, 2A Main Street Wicklow Town Co. Wicklow
  • Tel: 01 2878858 (Delgany) - 040461933 (Wicklow)
  • Fax: 01 2878859

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