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49 Main Street, Tipperary , Co. Tipperary

  • Auction
  • Lot 259
  • Ireland
  • Commercial Building
  • Commercial

GUIDE PRICE €135,000

Property Summary

  • A mixed use investment.
  • Comprising a ground floor bookmakers unit and two apartments overhead.
  • Total floor area extending to approximately 364.14 sq. m (3,919 sq. ft) in total.
  • Bookmakers unit let to Boylesports (1).
  • Lease expiry 2026.
  • Breaks in 2019 and 2021.
  • 2 x apartments vacant.
  • Current rent reserved €25,000 per annum.

Contact Us

Ciara McGovern
Ciara McGovern
Property Agent, here to help.

Contact Us

Ciara McGovern
Ciara McGovern
Property Agent, here to help.

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Description

The property is arranged over ground and two upper floors to provide a mid terrace mixed use building. Internally the property provides a ground floor retail unit and overhead residential accommodation.

Location

  • The county town of Tipperary has a population of some 5,000 people (as of 2011 Census).
  • The town is situated approximately 18 km west of Cashel and some 40km south east of Limerick.
  • Transport links in the area include the N24 providing direct access Limerick and the M8 motorway.
  • The property is situated on main street, close to its junction with Kickham Place.
  • Surrounding occupiers include Supervalu, Maxol and Aldi.

Tenancy

Boylesports is the largest independent bookmaker in Ireland. Boylesports operate approximately 219 branches across Ireland. Source: www.boylesports.com

Property Table

 

 

No Present Lessee Accommodation Sq.m (Sq.Ft) Lease Terms Current Rent Reserved € p.a.
    Total 364.14 sq. m (3,919 sq. ft)    €25,000 p.a.
 (1) Tenant not in occupation.

Ground 

Boylesports (1) Retail 141.07 sq. m 1,518 (sq. ft)

10 years from 13.07.2016

5 yearly rent reviews

FRI Terms

Break at year 3 and 5

 €25,000 p.a.
First Vacant Residential accomodation 163.46 sq. m 1,759 (sq. ft)

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Second Vacant Residential accomodation 59.61 sq. m 163.46 (sq. ft)

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-

VAT

Please refer to Legal Documents

BER Rating

F

BER Identification Number

800588782

Energy Performance Indicator

1106.37 kWh/m²/yr 2.78

Helpful links

*Terms & Conditions

No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.

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