Excellent rental income of 26,800 per annum.
Hegarty Properties offer for sale this excellent opportunity to acquire 3 retail units being sold in one lot. The 3 units are occupied (tenants not affected by sale) with a total current rent of 26,800 per annum. The units are located just off Midleton's Main Street adjacent to a large, free public car park and also adjacent to the famous Jameson Distillery Heritage Centre. Neighbouring occupiers include Iceland, Ramen and Ferrit & Lee.
3 commercial units - all currently occupied with tenants not affected by the sale.
Commercial water rates based on usage.
Rates applicable on each unit payable by tenants.
Management fees: circa 6,500 in total for 3 units per annum...BMG Property Management.
The BER Ratings and floor areas are as follows:
Unit 2 (NCBI Furniture) - G, 60m2
Unit 3 (The Friendly Framer) - C3, 31m2
Unit 5 (NCBI) - C1, 75m2
Directions: On Main Street Midleton coming from Cork, continue down Main Street. Turn left at Three Store, heading towards Jameson Distillery. Take the turn to the left and the development will be located on the left hand side with "For Sale" sign erected.