30 Railway Street, Navan, Co. Meath
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Auction
- Lot 151
- Ireland
- Office
- Commercial
GUIDE PRICE €275,000
Property Summary
- A mixed use investment.
- Comprising a restaurant unit together with a three bedroom house.
- Extending to approximately 242 sq. m ( 2,604 sq. ft) in total.
- The entire is let to an individual t/a Crave restaurant.
- Lease expiry 2039.
- Total current rent reserved €25,000 per annum.
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Description
The property is arranged over ground and first floor to provide a mid terrace mixed use building. Internally the property comprises a restaurant and three bedroom detached house. The restaurant building is arranged over ground and first floor. The restaurant kitchen is located to the rear as a single story building. The residential portion is accessed through the front door of the restaurant and it comprises two detached buildings to the rear. The first building contains a kitchen, dining room and WC. The second building contains three bedrooms and one bathroom. The property benefits from a centre courtyard and large garden to the rear.
Total floor area extending to approximately 242 sq. m ( 2,604 sq. ft) in total..
Location
- Navan is the county town of Meath.
- It has a population of approximately 28,000 people (as of the Census 2016).
- The town is situated approximately 18km south east of Kells and some 51km north west of Dublin city centre.
- The property is located on Railway Street, close to its junction with the R161 road.
- Surrounding occupiers include Des Kelly Interiors, Paddy Power and Ben Garry Hairdressers.
Tenancy
The entire property is at present let to an individual t/a Crave restaurant for a term of 25 years from 18.11.2014 at a contractual rent of €25,000 per annum inclusive of VAT. The rent is due to increase to €30,000 per annum in 2018 and €40,000 per annum in 2020.
VAT
BER Rating
BER Identification Number
800572646
Energy Performance Indicator
1043.82kWh/m²/yr
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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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