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Sale Agreed

8 Units at Grenagh Commercial Centre, Grenagh, Mallow, Cork

Investment Property Energy Rating


Description

DNG Creedon are proud to present to the market 7 commercial units and 1 residential unit in Grenagh Commercial Centre, Grenagh, Cork. (Apartment 11 & Unit No : 4, 6, 7, 8, 9, 11 & 13) Grenagh Commercial Centre comprises of 13 commercial units in total. Of the commercial units we are selling, 3 are vacant and 4 occupied (tenancy details below).

Currently all occupied properties being sold are producing a rental income of €13,560 with the opportunity to grow this income through active asset management.

This is an ideal investment opportunity as there are many development prospects for a number of the units. Grenagh is a superbly located village, with a growing population and the commercial centre is located perfectly to provide a convenient service to this expanding community. Other main businesses located in the commercial centre include Costcutter & Amber Oil.

TENANCY DETAILS

Unit No 4 (approx. 50 sq.m / 538 sq.ft ) BER C3
This unit is currently occupied by the Post Office and is on a month to month lease.
It is currently producing a rental income of approx. €2,040 per annum.

Unit No 6 (approx. 54.8 sq.m / 590 sq.ft ) BER C3
This unit is currently occupied by a tailor shop and is on a month to month lease.
It is currently producing a rental income of approx. €2,160 per annum.

Unit No 9 (approx. 50 sq.m / 538 sq.ft ) BER D1
This unit is currently occupied by a pram shop and is on a month to month lease.
It is currently producing a rental income of approx. €2,400 per annum.

Unit No 13 (approx. 96.1 sq.m / 1,034 sq.ft ) BER D2
This unit is currently occupied by Tyre Shop and is on a month to month lease
It is currently producing a rental income of approx. €4,800 per annum.


Apartment 11 (Residential unit) (approx. 69.7 sq.m / 750 sq.ft ) BER C3
The apartment is currently tenanted and is on a month to month lease.
It is currently producing a rental income of approx. €2,160 per annum.

Vacant units
Unit No 7 (approx. 50 sq.m / 538 sq.ft ) BER C3
Unit No 8 (approx. 76.6 sq.m / 825 sq.ft ) B ...

DNG Creedon

Village Green House, Church Road, Douglas, Cork

Tel: 021 489 7300

PSRA Licence No.  001019



Sale Agreed
Sale Agreed
BESbswy