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IrelandLimerickCorballyUnits 6 & 7, Westbury Shopping Centre, Corbally, Limerick City

POA

Units 6 & 7, Westbury Shopping Centre, Corbally, Limerick City

2583ft 2Investment Property Refreshed on Oct 9, 2019
#4 of 4 Properties Viewed in Corbally
DNG Cusack Dunne
DNG Cusack Dunne
Tel: 061 209000
PSRA Licence No. 002730
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Description

Attractive retail / office investment for sale (Tenants not affected) Ground floor unit approx. 1,507 sq.ft comprising retail space, rear office and store. First floor unit approx. approx.1,076 sq.ft comprising a doctors surgery including reception, two consultation rooms, bathroom and store. Tenancies: Ground floor unit: Occupied under lease until November 2033 (14 years unexpired) at a rent of €21,260 per annum. First floor unit: Occupied under lease until 1 April 2021 (2 years unexpired) at a rent of €12,000 per annum. Service Charge: TBC Rates: TBC Price: €260,000 plus VAT if applicable

Accommodation

Unit 6 - Ground floor unit approx. 1,507 sq.ft Unit 7 - First floor unit approx. approx.1,076 sq.ft

Features

• Attractive retail / office investment • Current passing rent of €33,260 per annum • Based on the asking price this represents a Gross Initial Yield of 12.8% • Forms part of the Westbury Shopping Centre anchored by Tesco