Clancy Court, Mary Street

Sale Agreed

Beds
Price	Sale Agreed
Property Type
Size	meters²
Energy Rating	BER-C3-D2
Refreshed on
Eircode
Group Name	Sherry FitzGerald Davitt & Davitt Mullingar
Sales License Number	001440

Description

ACCOMMODATION SUMMARY Office Building approx. approx. 2,831ft2 Ground floor Retail Unit approx. 590ft2 Apartment Block w/5 Apartments approx. 1,920ft2 DESCRIPTION Unique opportunity to acquire a prime investment property in the heart of Mullingar. Located on Mary Street, the sale comprises of 2 adjoining buildings with a combined floor area in the region of 5,382ft2. Retail Unit: 590ft2 Leased Office space: 2,831ft2 Leased 5 Apartments: 1,920ft2 3 Leased The tenant of the office block has leased 3 of the apartments on the ground floor and first floor and incorporated them into offices. The property has a secure rear yard with parking Lease Details The office space and 3 apartments are leased to the same tenant on a 10-year lease from January 2023. The 2 apartments on first floor are let to private tenants from 2023. The ground floor retail unit is leased on a year-to-year lease. Total income generated from the entire property is 69,200 per annum. (Rent Reviews Due over Next 5 Years.) FEATURES •Electric Storage & Oil Fired Heating •Laminate flooring •PVC windows •Parking to rear •Tenants not affected •Offices and three apartments leased to commercial tenant •Two residential apartments leased •Private access to all apartments •Tenants Not Affected TECHNICIAL INFORMATION SALE METHOD: By Private Treaty FIXTURES & FITTINGS: The property is being sold with all remaining fixtures, fittings and furniture. TENURE: For Sale Freehold. VIEWING: Strictly by Private Appointment. ASKING PRICE: 750,000 d ACCOMMODATION SUMMARY Office Building approx. approx. 2,831ft2 Ground floor Retail Unit approx. 590ft2 Apartment Block w/5 Apartments approx. 1,920ft2 DESCRIPTION Unique opportunity to acquire a prime investment property in the heart of Mullingar. Located on Mary Street, the sale comprises of 2 adjoining buildings with a combined floor area in the region of 5,382ft2. Retail Unit: 590ft2 Leased Office space: 2,831ft2 Leased 5 Apartments: 1,920ft2 3 Leased The tenant of the office block has leased 3 of the apartments on the ground floor and first floor and incorporated them into offices. The property has a secure rear yard with parking Lease Details The office space and 3 apartments are leased to the same tenant on a 10-year lease from January 2023. The 2 apartments on first floor are let to private tenants from 2023. The ground floor retail unit is leased on a year-to-year lease. Total income generated from the entire property is 69,200 per annum. (Rent Reviews Due over Next 5 Years.) FEATURES •Electric Storage & Oil Fired Heating •Laminate flooring •PVC windows •Parking to rear •Tenants not affected •Offices and three apartments leased to commercial tenant •Two residential apartments leased •Private access to all apartments •Tenants Not Affected TECHNICIAL INFORMATION SALE METHOD: By Private Treaty FIXTURES & FITTINGS: The property is being sold with all remaining fixtures, fittings and furniture. TENURE: For Sale Freehold. VIEWING: Strictly by Private Appointment. ASKING PRICE: 750,000 Accommodation (Net Internal Area) Offices Front Lobby 1.3m x 3.5m (4'3" x 11'6"): Reception Room 6.7m x 2.8m (22' x 9'2"): Laminate floor, waiting area, radiators. Fireproof safe 3m x 1.5m (9'10" x 4'11"): Hallway 1.1m x 6m (3'7" x 19'8"): Office One 3.4m x 2.3m (11'2" x 7'7"): Board Room 3.2m x 4.3m (10'6" x 14'1"): Office Two 3m x 2m (9'10" x 6'7"): Stairwell 3m x 2.2m (9'10" x 7'3"): Landing 1m x 5.5m (3'3" x 18'1"): 1st Floor Office 3m x 4.2m (9'10" x 13'9"): Front Office 3.9m x 4.6m (12'10" x 15'1"): Open Plan Office 6m x 5.8m (19'8" x 19'): 6 work stations Office 2.1m x 2.9m (6'11" x 9'6"): Apartment One Currently used for file storage by office tenant Filing Room 3.5m x 3.5m (11'6" x 11'6"): Hallway 5m x 1m (16'5" x 3'3"): WC 1.6m x 2m (5'3" x 6'7"): Filing Room 2.9m x 6.5m (9'6" x 21'4"): Apartment Two/Office Hallway 5m x 1m (16'5" x 3'3"): WC 1.9m x 1.7m (6'3" x 5'7"): Office 3.5m x 3.5m (11'6" x 11'6"): Office 2.9m x 6.6m (9'6" x 21'8"): Stair Well & Floor 1.8m x 2.2m (5'11" x 7'3"): Two Offices 8m x 4.4m (26'3" x 14'5"): Apartment Three/Offices Hallway 5m x 1m (16'5" x 3'3"): Kitchen 3m x 2.2m (9'10" x 7'3"): Filing 4.1m x 3m (13'5" x 9'10"): Bathroom 1.9m x 1.6m (6'3" x 5'3"): Office 2.7m x 4.2m (8'10" x 13'9"): Apartment Four Private Letting Kitchen/Living Area 7.1m x 3.2m (23'4" x 10'6"): Hallway 5m x 1m (16'5" x 3'3"): WC 1.85m x 1.7m (6'1" x 5'7"): Bedroom 3.8m x 2.5m (12'6" x 8'2"): Apartment Five Private Letting Kitchen/Living Area 6.6m x 3.2m (21'8" x 10'6"): Hallway 5m x 1m (16'5" x 3'3"): WC 1.9m x 1.6m (6'3" x 5'3"): Bedroom 3.4m x 3.4m (11'2" x 11'2"): Retail Shop 50sqm / 538sqft:

Features

Investment

BER Details

BER: C3-D2

Description

Features

Investment

BER Details

BER: C3-D2