Home Ireland Wicklow Blessington Investment Opportunity, Rent €68,000 (88% guaranteed by Paddy Power PLC), Blessington, Wicklow

Investment Opportunity, Rent €68,000 (88% guaranteed by Paddy Power PLC), Blessington, Wicklow

Sold Energy Rating W91PT89 180 m2
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Description

ANNUAL RENT €68,000 (88% GUARANTEED BY PADDY POWER PLC) TENANTS NOT AFFECTED LOCATION: Situated in a busy promenade of shops in Blessington Town Centre overlooking the car park and adjacent to Dunnes Stores. Blessington Town is situated c. 18 Miles South of Dublin on the N81 and c. 6 Miles east of Naas. PROPERTY SUMMARY: - An outstanding investment - Two Retail Units Extending to c.180 sq. m (1,938 sq. ft.) - Unit 2 Let to PADDY POWER PLC on an FRI lease Upward Only Lease expiry December 2024 Current rent reserved €60,000 per annum - Unit 3 Let to The Jolly Walnut Lease expiry 2022 Current Rent €8,000 Per Annum - Adjacent to Dunnes Stores - 100% occupied with a current passing rent of €68,000 per annum DESCRIPTION: Total floor area extending to approximately 180 sq. m (1,938 sq. ft.) divided into two ground floor retail units with 4 underground parking spaces. Unit 2: c. 135 sq. m let to PADDY POWER PLC @ €60,000 Per Year Plus Rates, Insurance, Service Charge let on a 21 year FRI upward only lease, from 1/4/06 (10 years remaining with no break clause) Paddy Power Betfair, a listed company on the FTSE 1009 index with over 600 outlets across Ireland and the UK. Unit 3: c. 45 sq. m let to Agi Pinterova Ltd t/a The Jolly Walnut Health Food Store @ €8,000 Per Year on a 4 year 9 month lease from (Increasing to €10,000 Per Year in 2020) TENANTS NOT AFFECTED PRICE REGION: €650,000 Excluding VAT

BER Details

BER: C1
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J P & M Doyle Ltd Terenure
Tel: 01 49...
PSRA No. 002264

Date created: Jun 22, 2017

J P & M Doyle Ltd Terenure
J P & M Doyle Ltd Terenure
PSRA Licence No. 002264
Call Agent: 01 49...