Home Ireland Kerry Tralee 9/10 Denny Street, Tralee, Co.Kerry
9/10 Denny Street, Tralee, Co.Kerry
9/10 Denny Street, Tralee, Co.Kerry
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9/10 Denny Street, Tralee, Co.Kerry
9/10 Denny Street, Tralee, Co.Kerry
9/10 Denny Street, Tralee, Co.Kerry
9/10 Denny Street, Tralee, Co.Kerry
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9/10 Denny Street, Tralee, Co.Kerry

Sold Energy Rating V92XHT7
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9/10 Denny Street, Tralee, Co.Kerry

Sold

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Beds
Price Sold
Property Type Office
Size 0 meters2
Energy Rating BER-Exempt
Refreshed on
Eircode V92XHT7
Group Name Sherry FitzGerald Stephenson Crean
Sales License Number 002275

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.

Accommodation

Features

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

BER Details

Exempt

Negotiator

Paul Stephenson

Auction Location

Auction Time

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.

Accommodation

Features

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

BER Details

Exempt

Negotiator

Paul Stephenson

Auction Location

Auction Time

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Sherry FitzGerald Stephenson Crean
Tel: 066 7...
PSRA No. 002275
Negotiator: Paul Stephenson

Date created: Sep 20, 2018

Sherry FitzGerald Stephenson Crean
Sherry FitzGerald Stephenson Crean
PSRA Licence No. 002275
Paul Stephenson
Paul Stephenson
Tel: 066-7...
PSRA Licence No.003114
Director
Call Agent: 066 7...