Excellent opportunity to acquire an asset in immaculate condition with a current government backed tenant.
• Leased to Talbot Group, Day Care Centre
– Purpose Fit out.
• 3 year lease, terminating soon, October 2023.
• No rights to renew. Deed of renunciation signed.
• 2,947 sq. ft. Ground Floor - 338 sq. ft. First Floor
Current Rent: €20,400 p/a - Expected Rent: €43,963.00 p/a
Price €450,000 (plus VAT if applicable)
NOTE: These particulars are given on the understanding that they will not be construed as part of a contract, conveyance or lease, and that all negotiations will take place through this firm. Whilst every care is taken in compiling the information, we give no guarantee as to the accuracy thereof and enquirers must satisfy themselves regarding the description and measurements.
Our belief is that the market rent should be: 2,947 sq.ft. @ €14 p.s.f. = €41,259.00 338 sq.ft. @ €8 p.s.f. = € 2,704.00 €43,963.00
(This is our brokerage opinion / please consult your own advisors) We are seeking a new rent of €43,000 per annum from the existing tenant. Currently, 50/50 whether they will stay on.
Equally suitable for Day Care, Medical, or High Density Accommodation. Great Layout. Complying with all fire regulations
Viewing Highly Recommended
5 minute Drive toward Duleek from the M1 Motorway Drogheda South / Duleek Exit