DescriptionNo 3 Village Centre is located in a commercial development in the heart of Lucan Village. Currently subject to a 4 year 9 month lease with NCBI, current rent €12,500 per annum. There is one car space. Ample ' pay-and-display' parking in the immediate vicinity.
Offered at bids over €120,000
Gilespie Lowe in partnership with The Leinster Property Auction
Excellent opportunity to purchase an investment property with a long term tenant on newly signed lease. The unit is well located in a commercial development in the heart of Lucan Village and offers an ideal opportunity for investors looking for a long term lease and strong yield of c. 10.4% gross.
The unit includes a ground floor mid-terrace retail unit extending to approximately 490 sq.ft. The long term tenants have recently renewed their lease with a new 4yr 9 month lease with current rent €12,500 per annum. There is one car space included along with ample ' pay-and-display' parking close to the property.
TO VIEW OR MAKE A BID - Contact Gillespie Lowe Auctioneers on (01) 406 0000 or visit: www.leinsterpropertyauction.ie 01 687 5040.
This property is offered for sale by unconditional auction. The successful bidder is required to pay a 10% deposit and contracts are signed immediately on acceptance of a bid. The buyer will be granted 28 days from the date of exchange to complete the purchase. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale.
AccommodationGround floor retail unit extending to approximately 490 sq.ft, with one car space to the rear "Tenants not affected"
FeaturesOne car Space to the rear
BER DetailsBER: C2 BER No.800366841 Energy Performance Indicator:873.76 kWh/m²/yr