6 Pearse Street, Nenagh, Co. Tipperary

AMV €195,000

Beds
Price	AMV €195,000
Property Type	Retail Units
Size	0 meters²
Energy Rating	BER-F
Refreshed on	Jan 15, 2025
Eircode	E45 DV79
Group Name	Sherry FitzGerald Talbot
Sales License Number	001010

Description

Attention Investors- Existing Tenant not affected. Prime Three-Storey Property in Nenagh's Commercial Centre for sale by auction on Friday Feb 28th at 3pm at our sales rooms (unless previously sold).This exceptional investment property offers a lucrative opportunity, comprising a prominent retail premises with a long-term lease (20 years, commencing in 2019) and extensive residential accommodation across two upper floors requiring refurbishment.Strategically located on Pearse Street, just 200 metres from the Market Cross the commercial hub of Nenagh the property benefits from high footfall and visibility. Nearby prominent businesses include Elvery Sports, DV8, Euro Giant, Permanent TSB, and Eason's, further enhancing the location's appeal.An ideal opportunity for investors seeking a blend of secure retail income and potential for residential development in a thriving town centre.Nenagh is a vibrant market town in County Tipperary, known for its rich history, strong community spirit, and strategic location. Situated near the M7 motorway, it enjoys excellent connectivity to Limerick, Dublin, and other key regional hubs, making it a highly desirable destination for both business and residential purposes.The town boasts a bustling commercial centre with a mix of national and local retailers, restaurants, and cafes, alongside cultural attractions such as Nenagh Castle and a range of recreational amenities. Its growing population and status as a service centre for the surrounding area ensure consistent footfall and demand for properties in prime locations like Pearse Street.Nenagh's ongoing development and appeal as a residential and commercial hub make it a compelling location for investment, offering both stability and growth potential. Lease details - Leased to Horan's Healthstore in 2019 for a period of 20 years (subject to a break option/ rent review in 2024) at a passing rent of 12,000 p.a..

Accommodation

Ground Floor - Retail Premises - 16m x 5.05m First Floor - Room 1 - 5m x 3.6m with coving. Room 2 - 3.6m x 3m Room 3 - 3.5m x 2.6m with timer flooring Room 4 - 7.65m x 3m with timber flooring and ceiling. Room 5 - 4.6m x 3.2m with timber flooring. Second Floor - Room 6 - 5.2m x 3.6m with timber flooring and open fireplace. Room 7 - 7.3m x 2.7m with fitted units and timber flooring. Attic area - Attic Room 1 - 3m x 1.8m Attic room 2 - 5.8m x 2.6m Attic room 3 - 6.6m x 3.3m

BER Details

BER: F BER No: 800915050 Energy Performance Indicator: 303.34

Negotiator

William Talbot

Auction Location

Auction Time

Description

Accommodation

BER Details

BER: F BER No: 800915050 Energy Performance Indicator: 303.34

Negotiator

William Talbot

Auction Location

Auction Time