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IrelandGalwayCity Centre24 William Street, City Centre, Galway City

€1,200,000

24 William Street, City Centre, Galway City

124.3m 2Refreshed on Mar 26, 2021
Eircode: H91F970
#9 of 13 Properties Viewed in City Centre
O'Donnellan & Joyce Auctioneers Ltd
O'Donnellan & Joyce Auctioneers Ltd
Tel: 091 564 212
PSRA Licence No. 001955
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Description

FOR SALE - 24 WILLIAM STREET, GALWAY CITY GILT EDGE INVESTMENT OPPORTUNITY TENANTS NOT AFFECTED O'Donnellan and Joyce are delighted to offer for sale a high profile commercial investment unit located in the heart of Galway City at No. 24 William Street. This is a unique opportunity to acquire a gilt edged investment located on one of the West of Irelands most iconic retail streets. A solid investment with excellent tenants in situ on a long term lease. The subject property occupies a high profile position on William Street, a busy retail thoroughfare which links to Eyre Square and Shop Street, Galway’s well known and primary retail destination. William Street is a bustling area and is predominantly a commercial location with a mixture of retail, office and leisure businesses. The area is pedestrianised and benefits from significant footfall throughout the day and night, as the building is situated in the very heart of Galway City itself. Some of the high profile occupiers in the vicinity include Brown Thomas, Skechers, and The Edwards Square with access to the popular Eyre Square shopping centre. No 24 William Street benefits from prominent frontage onto William Street and is comprised of a self contained 3 storey building extending to approximately 124.3 sq. m. The ground floor comprises of an open plan retail area presented to a high standard with overhead storage accommodation situated on the 1st, 2nd and attic floors. For further details please contact Colm O'Donnellan or Shane McDonagh on 091 564212.

Accommodation

Features

Tenant is NOT affected by the sale Excellent tenants on a long term lease Located in the heart of Galway’s core retail area Prominent road frontage onto main shopping thoroughfare Gilt edged investment opportunity Superb high-profile city centre location. Suitable for a variety of commercial uses NIY: 6.6% LEASE TERMS 15-year lease from November 2011 with 5 yearly rent reviews Current Rent: €80, 000 per annum Tenant: Gino’s Italian Ice-Cream Ltd

BER Details

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Negotiator

Colm O'Donnellan