| Floor | Accommodation | Sq.m | (Sq.Ft) | Present Lessee | Lease terms | Current Rent € p.a. |
| Total | 625 sq.m | 6,730 sq.ft | €71,720 p.a. | |||
| (1) 25 year lease from 2007 was amended by a Deed of Variation. | ||||||
| (2) 2 years rent paid in advance, with an apportionment of the advanced rent payment to be paid to the incoming purchaser. | ||||||
| Ground | Office | 209 sq.m | 2,250 sq.ft | Clare College News Limited t/a The Clare People Newspaper | 10 years from 01.01.2018 FRI Terms | €32,000 p.a. (2) |
| Ground | Office | 139 sq.m | 1,500 sq.ft | Prometric Ireland Limited | 5 years 3 months from 01.05.2017 | €10,800 p.a. |
| First | 2 Bedroom apartment | 72 sq.m | 780 sq.ft | Individual | 12 month residential tenancy | €8,100 p.a. |
| First | 2 Bedroom apartment | 67 sq.m | 720 sq.ft | Individual | 12 month residential tenancy | €6,600 p.a. |
| First | 2 Bedroom apartment | 69 sq.m | 740 sq.ft | Individual | 12 month residential tenancy | €6,720 p.a. |
| First | 2 Bedroom apartment | 69 sq.m | 740 sq.ft | Individual | 12 month residential tenancy | €7,500 p.a. |
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Auction
Property known as "The Met", Cornmarket Street, Ennis, Co. Clare
-
Auction
- Lot 21
- Ireland
- Retail
- Commercial
GUIDE PRICE €650,000
Property Summary
- A mixed use investment.
- Comprising 2 x ground floor offices and 4 x two bedroom apartments at first floor level.
- Extending to approximately 625 sq. m (6,730 sq. ft) in total.
- 1 x Office let to Clare College News Limited.
- Lease expiry 2028.
- 1 x Office let to Prometric Ireland Limited.
- Lease expiry 2022.
- First floor subject to 4 x tenancies.
- Total current rent reserved €71,720 per annum.
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Description
The property is arranged over ground and first floors to provide an end of terrace mixed use building. Internally the property provides 2 x ground floor offices together with 4 x two bedroom apartments at first floor level.
Location
- Ennis is the largest town in County Clare with a population of approximately 25,000 (as of the 2011 Census).
- The town is situated approximately 40km north west of Limerick and 67km south of Galway.
- Transport links in the area include the N18/M18 serving Galway to the north and Limerick to the South.
- The property is situated at the intersection of Cornmarket Street and Old Mill Road.
- Surrounding occupiers include Top Part, Keenes Butcher and Costcutter.
VAT
Please refer to Legal Documents
BER Rating
D1
BER Identification Number
800335937
Energy Performance Indicator
451.04 kWh/m²/yr
1.62
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*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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