Home Ireland Tipperary Tipperary Town Retail Investment, Limerick Road, Tipperary, Co. Tipperary

Retail Investment, Limerick Road, Tipperary, Co. Tipperary

€1,200,000 Energy Rating
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Retail Investment, Limerick Road, Tipperary, Co. Tipperary

€1,200,000

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Beds
Price €1,200,000
Property Type Retail Units
Size meters2
Energy Rating BER-C1
Refreshed on Feb 14, 2025
Eircode
Group Name BidX1 Ireland Ltd
Sales License Number 001652

Description

A retail investment. Comprising double height, single storey detached retail warehouse. Extending to approximately 913 sqm (9,827 sq ft). Comprised within Folio TY46474F. Situated on a total site area of 0.97 ha (2.39 acres).  120 surface car parking spaces. Development site at the rear extending to approximately 0.40 ha (1 acre). Let to Poundland Ltd t/a Dealz. Lease expiry 2031. Total current rent reserved 170,000 per annum. NIY 12.88%.  The property is arranged over ground floor only to provide a substantial, detached retail warehouse unit. Internally the property comprises ground floor double height retail warehouse accommodation and large open trading floor. The property benefits from approximately 120 surface car parking spaces to the front and a 1 acre development site to the rear contained within Folio TY46474F.Total floor area extending to approximately 913 sq m (9,827 sq ft) The subject property is conveniently located, approximately 1km outside of Tipperary town on the N4 Limerick Road at the Bohercrow roundabout. Other notebale occupiers within the vicinity include Dunnes Stores, Circle K, Mr. Price, Lidl, and Tesco Superstore along with a number of independent retailers.Tipperary Town is located along the N74 and N24 national roads, withLimerick approx. 39km north west, Cork 76 km south west Waterford  approx. 76 km to the south east. Tipperary Town is easily accessible via the national road network, as well as by bus via the Tipperary Town Bus station and Tipperary Town Train Station.  The subject property is at present let to Poundland Ltd t/a Dealz on a 10 year lease from October 2021 at a contracted rent of 170,000 per annum. The lease provides for 5 yearly open market rent reviews.

Accommodation

BER Details

BER: C1 801047028 405.59 kWh/m²/yr 1.11

Lot Number

-

Negotiator

Robert Hefferon

Auction Location

Online - BidX1

Auction Time

2025-03-13 10:30

Description

A retail investment. Comprising double height, single storey detached retail warehouse. Extending to approximately 913 sqm (9,827 sq ft). Comprised within Folio TY46474F. Situated on a total site area of 0.97 ha (2.39 acres).  120 surface car parking spaces. Development site at the rear extending to approximately 0.40 ha (1 acre). Let to Poundland Ltd t/a Dealz. Lease expiry 2031. Total current rent reserved 170,000 per annum. NIY 12.88%.  The property is arranged over ground floor only to provide a substantial, detached retail warehouse unit. Internally the property comprises ground floor double height retail warehouse accommodation and large open trading floor. The property benefits from approximately 120 surface car parking spaces to the front and a 1 acre development site to the rear contained within Folio TY46474F.Total floor area extending to approximately 913 sq m (9,827 sq ft) The subject property is conveniently located, approximately 1km outside of Tipperary town on the N4 Limerick Road at the Bohercrow roundabout. Other notebale occupiers within the vicinity include Dunnes Stores, Circle K, Mr. Price, Lidl, and Tesco Superstore along with a number of independent retailers.Tipperary Town is located along the N74 and N24 national roads, withLimerick approx. 39km north west, Cork 76 km south west Waterford  approx. 76 km to the south east. Tipperary Town is easily accessible via the national road network, as well as by bus via the Tipperary Town Bus station and Tipperary Town Train Station.  The subject property is at present let to Poundland Ltd t/a Dealz on a 10 year lease from October 2021 at a contracted rent of 170,000 per annum. The lease provides for 5 yearly open market rent reviews.

Accommodation

BER Details

BER: C1 801047028 405.59 kWh/m²/yr 1.11

Lot Number

-

Negotiator

Robert Hefferon

Auction Location

Online - BidX1

Auction Time

2025-03-13 10:30
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BidX1 Ireland Ltd
Tel: 01 66...
PSRA No. 001652

Date created: Feb 14, 2025

BidX1 Ireland Ltd
BidX1 Ireland Ltd
PSRA Licence No. 001652
Call Agent: 01 66...