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IrelandKerryTraleeThe Phoenix Building, The Mall, Tralee, Kerry

€1,900,000

The Phoenix Building, The Mall, Tralee, Kerry

7144ft 2Energy RatingInvestment Property
#38 of 41 Properties Viewed in Tralee
QRE
QRE
Tel: 01 637 5555
PSRA Licence No. 003587
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Description

Location Tralee is the county town of Kerry, situated in the southwest of Ireland. The population was 23,691 as of the 2016 census. The town is a popular tourist, retail and commercial location and benefits from its location 30km north of Killarney and 30km south of Listowel. The subject property is situated along The Mall which is in the heart of Tralee’s retail core. The immediate area is home to a number of international and national occupiers including Penneys, Costa, Sports Direct, AIB and Easons. Other amenities in the area include Kerry University Hospital and Tralee Institute of Technology. Tralee Casement Train Station is situated 550m to the north east, whilst Kerry Airport is situated 20km to the south east. Description: The property is arranged over ground, first and second floors to provide a multi tenanted retail building. Overall the total floor area extends to approximately 663.7 sq. m (7,144 sq. ft). The building benefits from independant street access to the upper floors. A summary of floor areas and tenancies is set out below: Tenancy: The property is subject to three tenancies. Full details are outlined in the brochure.

Features

Investment Considerations: High Profile Retail Investment Opportunity Three storey building extending to approximately 663.7 sq. m (7,144 sq. ft) Occupied by Elverys Sports, CEX and Coffee Start Total rent of €207,500 per annum Tenants not affected Guide price €1,900,000 Net initial yield 10%

BER Details

BER: Exempt
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