Description
Accommodation
BER Details
Negotiator
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Beds | |
Price | Sold |
Property Type | Retail Units |
Size | 220 meters2 |
Energy Rating | BER-Exempt |
Refreshed on | |
Eircode | W91E6WC |
Group Name | DNG Doyle |
Sales License Number | 001393 |
Description
Sale Type: Private TreatyOverall Floor area: c.220 sq. MtsPrime Investment OpportunityTenants Not Affect. 16 South Main Street is an iconic building that dates back to c.1830 and enjoys a corner location between Main and Basin Street. The building in recent years has undergone significant restoration and is now home to the renowned Emporium Kalu, whom have traded on the Main Street of Naas for over 25 years. The unit comprises ground floor and basement Only and is subject to a 20 year lease at a current passing rent of 55,000 per annum. This offers almost 10% gross yield offering its potential purchaser a prime investment opportunity. Outside the building enjoys a prominent corner site location in the centre of Naas, Neighbours include, Bank of Ireland, AIB, Ikea, FBD, Dunnes Stores to name but a few. The Building is simply stunning to look at and has a many original features both internally and externally such and is described as an End of Terrace three bay three storey Classical-Style with Granite Ashar Walls.Comprising main shop floor, office, storage staff toilets, with access from front and side. The Basement is accessed via a stunning curved stair case with cast iron baluster, again comprising of shop floor and storage. Both internally and externally this is a beautiful building and offers an excellent investment opportunity.FeaturesIconic BuildingPrime Investment OpportunityAlmost 10% Gross YieldTenants Not AffectedGround Floor and Basement OnlySmoke Alarm'sFire AlarmCorner PropertySimply Stunning Internally and ExternallyFantastic Location
Accommodation
BER Details
Exempt
Negotiator
Richard Doyle
Date created: Jul 14, 2023