Mixed Use Development at Kilbride Street, Tullamore, Co. Offaly

Mixed Use Development at Kilbride Street, Tullamore, Co. Offaly

€475,000

Mixed Use Development at Kilbride Street, Tullamore, Co. Offaly

€475,000

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Beds
Price	€475,000
Property Type	Investment Property
Size	meters²
Energy Rating	BER-B2
Refreshed on	Nov 1, 2024
Eircode
Group Name	BidX1 Ireland Ltd
Sales License Number	001652

Description

Mixed use town centre investment opportunity. Comprising a mix of ground floor retail units and public house together with 2 x 2 bedroom apartments overhead. Contained within part of folio OY23680F Total floor area extending to approximately 684 sqm (8,715 sq ft). Ample surface car parking to the front. Town centre location. Current rent reserved 33,540 per annum. Gross yield 7.06% with significant reversionary potential. Vacant possession of 2 x apartments and 1 x retail unit. The property comprises a mixed-use commercial development situated within Tullamore town centre in Co Offaly. The property is arranged to provide a mix of ground floor retail units and public house together with 2 x 2 bedroom apartments at first floor level, the property is contained within part of folio OY23680F. The property also benefits from the provision of ample off street parking to the front.The subject property is situated on the western edge of the town centre on Kilbride Street and backs onto Kilbride Park. Notable occupiers within the town include Boots Pharmacy, The Bridge House Hotel, AIB, BOI and the many more occupiers in The Bridge Shopping Centre. Please refer to legal documents

Accommodation

BER Details

BER: B2 Available from BidX1 Available from BidX1

Lot Number

40

Negotiator

Robert Hefferon

Auction Location

Online - BidX1

Auction Time

2024-11-21 10:30

Description

Mixed use town centre investment opportunity. Comprising a mix of ground floor retail units and public house together with 2 x 2 bedroom apartments overhead. Contained within part of folio OY23680F Total floor area extending to approximately 684 sqm (8,715 sq ft). Ample surface car parking to the front. Town centre location. Current rent reserved 33,540 per annum. Gross yield 7.06% with significant reversionary potential. Vacant possession of 2 x apartments and 1 x retail unit. The property comprises a mixed-use commercial development situated within Tullamore town centre in Co Offaly. The property is arranged to provide a mix of ground floor retail units and public house together with 2 x 2 bedroom apartments at first floor level, the property is contained within part of folio OY23680F. The property also benefits from the provision of ample off street parking to the front.The subject property is situated on the western edge of the town centre on Kilbride Street and backs onto Kilbride Park. Notable occupiers within the town include Boots Pharmacy, The Bridge House Hotel, AIB, BOI and the many more occupiers in The Bridge Shopping Centre. Please refer to legal documents

Accommodation

BER Details

BER: B2 Available from BidX1 Available from BidX1

Lot Number

40

Negotiator

Robert Hefferon

Auction Location

Online - BidX1

Auction Time

2024-11-21 10:30

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BidX1 Ireland Ltd

Tel: 01 66...

PSRA Licence No. 001652

Date created: Nov 1, 2024