Search Property
Search Commercial Property
Try an advanced search?

Tralee Food Court, Mile Height, Tralee, Co. Kerry

€1,375,000 - Guide Price For Sale by Auction

BER B3 Rating

Description

SUPERB INVESTMENT / TENANTS NOT AFFECTED

* STRONG COVENANT-MULTINATIONAL TENANT

* STAND ALONE PROPERTY- 1.4 ACRE SITE

* NO MANAGEMENT FEES

* FRI 9.5% ANNUAL YIELD

* GOOD COMMERCIAL LOCATION

* 25 YEAR LEASE

* NEW BUILDING

Yielding €130,000 PA = 9.5% annual return NET.

Recently constructed modern commercial development / food court measuring approximately 4876sq.ft. / (453m2) and standing on a site measuring c.1.4 acres in a business park in the suburbs of Tralee.

Opened to trading in July 2013 it

is currently leased to Petro Gas Ltd. (Applegreen Parent Company) on a 25 year FRI (full repairing and insuring lease by the tenants).

The agreed lease has an annual passing rent of €130,000.

Currently trading from the Tralee Food Court under the Petro Gas umbrella are Burger King, with eat-in and drive-thru facilities, SubWay and The Bakewell Café which compliment each other and ensure a constant level of activity within the centre throughout its long opening hours.

There is ample potential for further development on the site and an abundance of car-parking.

The property has been constructed to the highest standards and this is reflected in its excellent B3 high energy rating. It is also very well designed both internally, in its purposeful layout and externally with its stone fronted façade, setting it apart and giving it a unique appearance.

Full details are available from Dermot O'Meara on 086 2551082.

BER Information

  • Rating: BER B3
  • Number: 800220600
  • Energy Performance Indicator: 706.36 kWh/m2/yr

Solicitor Details

  • Name: Cadogan O'Regan Solicitors
  • Address: 22 Denny Street, Tralee, Co. Kerry
  • Phone: 066-7118307
  • Address: info@cador.ie

Similar Properties

Village Inn, Kilcummin, Killarney, Co. Kerry

€450,000 - Asking Price|465 sqm approx

Thriving modern purpose built licensed premises with four bedroom overhead residence with independent access, on large 0.81 acres site with ample on site parking, being sold as going concern.

Ideal business opportunity with owner accommodation or as investment property.

Bar accommodation includes lounge, function room, store, cold room, drinks store, ladies, gents and disabled toilets. Total Area: 275 sq. m./2,960 sq. ft.

BER C3 Rating
Twomey's Tavern, Abbeydorney, Co Kerry

Price on Application - For Sale|

This landmark licenced premises comes to the market strategically located on the junction of the R556/R557 road to Lixnaw at the crossroads of Abbeydorney Village.The site fronts both roads and forms the crossroads and extends to c0.69 acres.

The pub accommodation includes bar, lounge,pool room,toilets,cold room and a lounge hall with bar and toilets.

There is also a an old deralict residential structure and a store to the rear of the property.

BER D1 Rating