TENANT NOT AFFECTED
Investment For Sale (Tenant Not Affected)
The subject property is located at Mulvoy Park, Sean Mulvoy Road, north east of Eyre Square in Galway city centre, adjacent to Galway Shopping Centre, Terryland shopping centre, in proximity to NUIG, UCHG and all main arterial roads out of Galway city.
The subject property comprises two adjoining ground floor mid-terrace commercial units, combined, forming part of a modern purpose built building, finished externally by a mix of stone and glazed elevations. Internally the unit is configured as retail showrooms with storeroom, offices and ancillary accommodation. The fit-out includes suspended ceilings, led / fluorescent lighting, carpet floor covering and air-conditioning to part. This property enjoys a prominent profile in Mulvoy Park with an abundance of parking provided throughout the park. The property is held under a new lease from November 2018 to O’Connor’s of Galway Limited, who have been in occupation of the property for approximately 20 years.
We understand vat will be applicable.
By prior appointment only with sole selling agents.
Philip Mullery 091 567275 / 086 8101024
Messrs. Mullery Auctioneers Ltd. for themselves and for the vendors or lessors of this property whose agents they are, give notice that:- (i) The particulars are set out as a general outline for the guidance of intending purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract. (ii) All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them (iii) No person in the employment of Messrs. Mullery Auctioneers Ltd. has any authority to make or give any representation or warranty whatever in relation to this property. (iv) We have not tested any apparatus, fixtures, fittings or services. Interested parties must undertake their own investigation into the working order of these items. (v) All measurements are approximate and photographs and maps provided are for guidance only. (vi) Prices quoted are exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the purchaser/ lessee shall be liable for any VAT arising on the transactions.
BER: C3 BER No.800103939 Energy Performance Indicator:529.61 kWh/m²/yr
20 year lease, with five yearly rent reviews from 22nd November 2018 at a current rent of €22,380 per annum + vat