Floor | Accommodation | Tenant | Lease Terms | Current Rent Reserved p.a. |
---|---|---|---|---|
Ground | Retail | Ladbrokes | 25 years from 01.01.2002 5 yearly rent reviews | €50,000 p.a.* |
First | Office | Navan Orthodontics | 19 years & 9 months from 01.03.2008 | €18,000 p.a.* |
Second | Office | Boyne Dental | Short term letting agreement in place. | €13,000 p.a.* |
€81,000 p.a.* |
*Please note the agreement with the owners of Number 1 is that this investment receives a quarter of the total current rent reserved. Therefore the current rent is €20,250 p.a.