PART OF THE GROUND, FIRST & SECOND FLOOR OFFICES AT ABBEY ARCH, ABBEYGATE STREET, GALWAY
TENANTS NOT AFFECTED
O Donnellan & Joyce Auctioneers are delighted to offer for sale part of the ground, first and second floor office units at Abbey Arch located in the heart of Galway City just off Shop Street which is Galwayâ€™s main retail area. This is an excellent opportunity to acquire part of the ground, first and second floor commercial office units with a tenant in place.
The entire property is currently occupied by the Office of Public Works (OPW) and the current tenants are not affected by the sale. The approximate measurements of each floor on offer are as follows Ground Floor measures c. 1025 sq ft., First floor measures c. 536 sq. ft and the Second floor measures c. 474 sq ft. with a total measurement of 2035 sq ft.
The lease term for the part of the property on offer is dated from the 7th February 2002 for a term of 20 years with a current rental yield income of €34,274 per annum.
This is an excellent opportunity to acquire part of a commercial office unit with a secure tenant in place. The current tenants not affected by the sale. Viewing is highly recommended and guaranteed not to disappoint.
Ground Floor -
Ground floor area including toilets and stairwell, circa 1025 sq ft
First Floor -
First floor office known as office 5, circa 536 sq. ft
Second Floor -
Office/conference room, circa 474 sq. ft.
Part of the Ground, First & Second Floor Office Spaces
Ground Floor measures c. 1025 sq ft
First Floor measures c. 536 sq ft.
Second floor measures c. 474 sq. ft.
Commercial rates are not applicable
5 Mary Street, Galway, Co. Galway,
Tel: 091 564 212
PSRA Licence No. 001955