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  6. Kennedy Corner, Kennedy Street, Carlow Town, Carlow

€425,000

Refreshed on:06/10/2017

Kennedy Corner, Kennedy Street, Carlow Town, Carlow

Investment Property 950 m2 Energy Rating


Description

*** FOR SALE BY PUBLIC AUCTION ***
OCTOBER 24TH 2017 AT 3 PM
THE KILLASHEE HOTEL, NAAS, CO. KILDARE

** INVESTMENT OPPORTUNITY (TENANT NOT AFFECTED) **

C. 950 sq. m., (c. 10,000 sq. ft.) very visible and substantial building on a pivotal corner site on Kennedy Street, already incorporating the highly successful Joe's Chinese Restaurant and Takeaway but with added potential for a shop in the c. 140 sq. m.,(1,500 sq. ft.) corner unit and further potential for the c. 450 sq. m., (5,000 sq. ft.) first floor area, possibly as a gym, dance school etc.

With some outlay, this entire property could be producing an income of 60k p/a plus, which based on the guide price, is equivalent to a 15% gross return.

This is an excellent opportunity for investors or those with a pension pot looking for a good return for their money.

Guide Price - €425,000

BER Details

BER: B3 - C1

REA Sothern

37 Dublin Street, Carlow, Co. Carlow,

Tel: +353 (0)86 153 2750

PSRA Licence No.  002833

Harry Sothern Tel: 0599131218




€425,000
€425,000
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