Mullery Auctioneers Ltd

Investment Property - Tenants Not Affected - 25 Kilkerrin Park, Galway City, GalwaySale Agreed E1

View All (6)

Description

FOR SALE - Investment Property

(Tenant Not Affected)

25 Kilkerrin Park, Liosban Industrial Estate, Galway

Description:
Entire (two storey) industrial premises for sale subject to the current tenancy. Well known and well established location at Kilkerrin Park, Liosbaun Industrial Estate. Number 25 is a mid terrace two storey building currently occupied under a 4 year 9 month letting agreement from 17th September 2021, in use as a gym. The premises which is laid out over two levels extending to approximately 1,830 sq.ft comprises open plan workout space together with toilets, shower and changing facilities.

Location:
The subject property is centrally located in Liosbaun Industrial Estate, between the Tuam Road and Headford Road and within close proximity to the city centre and all main arterial routes. The immediate location is home to businesses of all kinds from industrial / office / retail / cafe & restaurant and in indeed residential apartments, notably those at the adjacent Centrepoint scheme. It is an area well served with financial institutions including AIB & Ulster Bank. Liosbaun Industrial Estate is within walking distance of Eyre Square.

Tenancy:
The demised premises are subject to a tenancy from 17th September 2021 for a term of 4 years & 9 months at a current rent of €12,000 per annum, which shall be increased at a rate of 2% per annum compounded.

Features

• Excellent Industrial Investment Opportunity
• Self- contained premises
• Entire let to for a term of 4 years & 9 months from 17th September 2021
• Superb location in the very busy Liosbaun Industrial Estate
• c. 170 sq.m (c. 1,830 sq.ft)

BER Details

BER: E1 BER No.800249187 Energy Performance Indicator:665.27 kWh/m²/yr

Viewing Details

By appointment only.

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. (vii) Where a Matterport Virtual Tour is provided, we do not accept any responsibility for the accuracy of the Matterport measurement tool. Interested parties must confirm these measurements themselves by inspection or otherwise. (viii) Where a floorplan is provided please note the following; Whilst every attempt has been made to ensure the accuracy of these floorplans, any measurements, position of doors, windows etc are approximate and no responsibility is taken for any error, omission or mis-statement. These plans are provided for illustrative purposes only and should be used as such. These plans are for guidance only and must not be relied upon as a statement of fact. Attention is drawn to this important notice.