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  5. 18 North Main Street, Wexford
€4,480,000
Refreshed on: 01/11/2017

18 North Main Street, Wexford

1036 m 2 Energy Rating


Description

Subject to Contract/Contract Denied
Cushman & Wakefield are pleased to present details of this Prime Retail Investment Opportunity in the heart of Wexford Town Centre.
* Accommodation extending to approx. 1,035.89 sq m (11,150 sq ft) Net Internal Area
* Let to New Look Retailers (Ireland) Limited t/a New Look on a 25-year lease from 16th February 2007
* Parent company guarantee from New Look Retailers Ltd (D&B rating of 5A2, on 26th March 2016 they reported a turnover of £1,398,502,000 and a tangible net worth of £323,253,000)
* Currently generating a rental income of €375,000 p.a.
* Unexpired lease term of 14.75 years to expiry (as of 17.05.17) no break options
* Tenants not affected
* BER C1
Offers sought in excess of €4,480,000 reflecting a net initial yield of 8.01% assuming standard purchasers costs of 4.46%.

BER Details

BER Rating: BER C1
BER Number: 800557399
Energy Performance Indicator: 773.44

Cushman & Wakefield

164 Shelbourne Road, Ballsbridge, Dublin 4

Tel: 01 6399300

PSRA Licence No.  002222





€4,480,000
€4,480,000
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