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  6. Main Street, Longford, Longford

€125,000

Refreshed on:28/09/2017

Main Street, Longford, Longford N39K5N6

Investment Property 65.6 m2 Energy Rating


Description

Secure Investment Property in a prominent area of town with potential for growth in values.

The building is a three storey building with a retail unit on the ground floor and a one bedroom flat over the 1st and second floor. There is a total gross internal floor space of c. 65.66 Sq. meters (c. 706 Sq.Ft.)

Ground floor retail space c. 20.42 Sq. meters (c. 220 Sq.Ft.)
1st floor flat living area c. 21 Sq. meters (c. 228 Sq.Ft.)
2nd floor flat kitchen & bedroom area c. 24.24 Sq. meters (c. 260 Sq.Ft.)

Total c. 65.66 Sq. meters (c. 706 Sq.Ft.)


TENNANCY:
The property is leased on a 35 year lease from the 1st January 2005, with five year upwards only rent reviews and on a full repairing and insuring basis. The current passing rent is €11,500 per annum. Rent is payable monthly in advance.

The tenants will be unaffected by the sale. They run a long established and popular Barber Shop and would be considered a good covenant.

RATES: The rates are currently being revised, the proposed RV is €3,720 based on the proposed Longford Council multiplier of 0.25 = €930 for the year 2018 this will be subject to future confirmation.

EIRCODE: N39 K5N6

GPS: 53.729, -7.801

Features

• Tenant not affected

• Current rental income of c. €11,500 per annum

• Prospects of Growth with the current sale of Longford Town Centre & Connolly Barracks

BER Details

BER: F BER No.800597593 Energy Performance Indicator:1357.8 kWh/m²/yr

Property Partners Quinn

51 Main Street, Longford, Co. Longford,

Tel: 043 3346237

PSRA Licence No.  001711  /  001711





€125,000
€125,000
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Map data ©2017 Google
Map DataMap data ©2017 Google
Map data ©2017 Google
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