Mullery Auctioneers Ltd.

76 Prospect Hill, City Centre, Galway City€600,000 D2-E2

Description

(TENANTS NOT AFFECTED)

Important mixed use investment property in an excellent location 150 meters from Eyre Square and fronting Prospect Hill which is one of the main arterial routes linking the city centre to the east side of the city including the Headford and Tuam Roads. Adjacent to the new Dean Hotel (under construction). This valuable property comprises a mid-terrace property with a large ground floor commercial unit and residential units on the upper floors. We understand the property was constructed in c. 1985.

Further details from sole selling agents.

BER Details

BER: D2 - E2

Accommodation

Ground Floor Unit:
c.950 square feet

Apartment 1:
2 Bedrooms, living room/kitchen, shower room.

Apartment 2:
2 Bedrooms, living room/kitchen, shower room.

Small rear yard



All intending purchasers are specifically advised to verify the accommodation.

Viewing Details

VIEWING
Strictly by prior appointment with sole agents.

Lease

Ground Floor Retail Unit:
4 years and 11 months from the 15th of August 2016 at a passing rent of €17,420 per annum.

Apartment 1: At a passing rent of €15,600 per annum.

Apartment 2: At a passing rent of €15,600 per annum.

We understand that the total rent at present is €48,620 per annum.

Please Note

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.