Kilcullen Town Centre, Kilcullen, Kildare

MIXED USE INVESTMENT PROPERTY
(TENANT NOT AFFECTED)

KILCULLEN TOWN CENTRE,
6 & 6A ABBEYGROVE, MAIN STREET,
KILCULLEN, CO. KILDARE

FOR SALE (by Private Treaty)
“On the instructions of the Receiver, Mr. George Maloney, of Baker Tilly Ryan Glennon”

• High Profile Town Centre/Main Street Location
• 2 Storey Corner Building
• Ground Floor Retail – Let to Optometrist 30 year IRI Lease from 1 May 2006
• Passing Rent: €9,600 per annum (excl.)
• First Floor 2 Bed Apartment – Currently Vacant

QUOTING PRICE: €140,000 (EXCL. VAT)

MIXED USE INVESTMENT PROPERTY

Location:
The property is situated in a high profile location in the centre of Kilcullen, at the main intersection of Main Street and Newbridge Road. The surrounding area is predominantly Town centre in nature with adjoining occupiers including Eurospar, Nolan Butchers, Ladbrokes, Fraser Oil and the Hideout Pub. Ample car parking is provided in the immediate area.

Kilcullen is primarily a service and retail centre for south Kildare and increasingly a residential centre for the Greater Dublin Area. Kilcullen is located on the River Liffey, approximately 50 km south west of Dublin City, 10 km south west of Naas, 6 km south of Newbridge and has excellent access to the N9 motorway to Dublin City.

Description:
The subject property comprises a two storey terraced corner building providing a lock up ground floor retail unit with an own door 2 bed apartment overhead. The ground floor retail unit, which is fully fitted–out in accordance with its optometrist use, provides open plan reception/display area, consulting room and rear storage area incorporating a w.c and kitchenette. The first floor, which has own door access, provides a ground floor entrance lobby, with sittingroom, kitchen, 2 bedrooms and bathroom.

Accommodation:
Sq.m. Sq.ft.
Ground: Retail: 38.3 412
First: Residential: 46.5 500

Lease:
The ground floor is let to Nichola Kennedy under a 30 year IRI lease from 1 May 2006 at a passing rent of €20,000 per annum. The lease is subject to 5 yearly upward only rent reviews with no break option. We are advised the tenant is currently paying an agreed reduced rent of €9,600 per annum.

Apartment – Vacant possession

Quoting Price:
€140,000 (excl. VAT)

Title:
Freehold.

Services:
All mains services connected or available.

Viewing:
Strictly by prior appointment.

BER Certification:
BER Rating: Retail Unit: D2
(BER No. 800240426)

First Floor: E1
(BER No. 106030570)