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Units 1, 3 and 7, Market Court, Market Yard, Newcastle West, Co. Limerick

  • Auction
  • Lot 209
  • Ireland
  • Office
  • Commercial

GUIDE PRICE €130,000

Addendum

Prospective purchasers should note the amended tenancy schedule within the particulars. In particular we draw attention to rent stated against Unit 1 let to Foroige. All quoted total rents reserved and yields are also amended accordingly.

Property Summary

  • A first floor office investment.
  • Comprising 3 x office units.
  • Extending to approximately 317 sq. m (3,413 sq. ft), in total.
  • Unit 1 let to Foroige.
  • Overholding.
  • Unit 3 vacant.
  • Unit 7 let to an individual t/a West Property Partners.
  • Informal tenancy.
  • Total current rent reserved €13,000 per annum.

Contact Us

Michael Stack
Vendor's Solicitor

Contact Us

Michael Stack
Vendor's Solicitor

Downloads

Description

The property is arranged over first floor only to provide 3 x office unit. The property forms part of a wider mixed use development comprising retail and office accommodation.

Location

  • Newcastle West is a town in west Co. Limerick, it is the second largest town to Limerick city in the county.
  • The town is situated approximately 43km to the south west of Limerick city and approximately 58km to the north east of Tralee.
  • Transport links in the area include the N21 National primary road, linking Newcastle West to Tralee and Limerick city and also providing direct access to the M20 Motorway and in turn the M7 Motorway. Public transport is served via a number of bus routes.
  • The property is situated within the Market Yard development, east of Bishop Street.
  • Surrounding occupiers include Ulster Bank and Super Valu.

Property Table

No Present Lessee Accommodation Sq.m (Sq.Ft) Lease Terms Current Rent Reserved € p.a.
    Total  317 sq. m (3,413 sq. ft)    €13,000 p.a. 
1 Foroige Office 154 sq. m  (1,658 sq. ft) 

4 years 9 months from 16.01.2009

Overholding

IRI terms 

€5,500 p.a. 
3 Vacant Office 83 sq. m (897 sq. ft)

-

-
7 An individual t/a West Property Partners Office 80 sq. m  (858 sq. ft)

Informal tenancy

€7,500 p.a.

VAT

Please refer to Legal Documents

BER Rating

E2 - G

BER Identification Number

Available from BidX1

Energy Performance Indicator

895.44 kWh/m²/yr - 4195.42 kWh/m²/yr

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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