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IrelandKerryTralee9/10 Denny Street, Tralee, Co.Kerry, V92XHT7

AMV €1,300,000
-€200,000.00 3rd Sep 20 Show 2 More

9/10 Denny Street, Tralee, Co.Kerry, V92XHT7

Energy RatingOffice
#16 of 35 Properties Viewed in Tralee
Sherry FitzGerald Stephenson Crean
Sherry FitzGerald Stephenson Crean
Tel: 066 7180822
PSRA Licence No. 002275
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Description

9/10 Denny Street is a prime investment opportunity comprising a three storey georgian double fronted premises with three two bed apartments to the rear. The property has been recently refurbished. Both the ground floor and first & second floor benefit from independent access. To the western periphery of the building there is a pedestrian archway providing direct access to the three apartments. Ground Floor: 20 years from 26.06.2007 in favor of The Kerryman Ltd. Rent reviews every 5th year. Contains full repairing & insuring covenants and a break option in year 10. Rent €60,000 P.A First & Second Floor: 20 years from the 07.04.2008 in favor of Allied Irish Banks PLC t/a AIB Business Banking. The lease provides for rent reviews every 5th year. Contains full repairing & insuring covenants and a break option in year 10. Rent €70,000 P.A The three apartments are currently achieving a rental income of €1985 p.m , €23,820 p.a The whole building generates an income of €153,820 pa, this provides a gross yield of 9.3% based on the asking price.

Features

Prime Town Centre Location Let to Allied Irish Banks PLC & The Kerryman Ltd 100% Occupancy Subject to Two Tenancies

BER Details

BER: Exempt BER No: Performance Indicator:

Negotiator Details

Paul Stephenson

Viewing Information

Strictly by appointment with Sherry FitzGerald Tralee on 066 7180822

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Price Changes in Tralee
Property Price Register in Tralee
Main image for 4 Bridge Place, Tralee, Kerry
-€20,000(-12.50%)
€160,000€140,000
Main image for 9/10 Denny Street, Tralee, Co.Kerry
-€200,000(-13.33%)
€1,500,000€1,300,000
EXEMPT
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€25,000(12.82%)
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Main image for 9/10 Denny Street, Tralee, Co.Kerry
-€150,000(-9.09%)
€1,650,000€1,500,000
EXEMPT
Main image for "St Martins", Oakpark Road, Tralee, Co.Kerry, V92 VA49
-€60,000(-13.33%)
€450,000€390,000
E2
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