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Kennedy Road Navan, Co Meath

€2,300,000 - Asking Price For Sale

Description

Subject to Contract/Contract Denied Cushman & Wakefield are pleased to present details of Kennedy Road, Navan, an excellent opportunity to acquire a mixed-use investment in Navan Town. * A unique opportunity to acquire a mixed-use investment in Navan Town. * Accomodation extending to approx. 773 sq m (8,320 sq ft). * 100% occupied generating a rental income of €217,500 p.a. from 6 tenancies. * Tenants include O\'Brien\'s Wines, Enable Ireland, The Green Grocer, Arthur\'s Restaurant Cafe, Studio One and Farrelly & Scully Accountants. * WAULT in excess of 6 years to expiry and 4 years to the earlier of lease break/expiry (as of 29.05.17). * Tenants not affected. * BER B2:E1. - no.s available upon request. Offers sought in excess of €2,300,000 reflecting a net initial yield of 9.05% assuming standard purchasers costs of 4.46%. Further information available on www.kennedyroadnavan.com

BER Information

  • Rating: BER B2E1
  • Certificates are available from the agent.

Similar Properties

Unit 9, Blackcastle Square, Navan, Co Meath

€130,000 - Asking Price|

Tenant not Affected:

Unit 9 is currently a playgroup & after school care

business on a tweleve month lease starting from September 2016 at a passing rent of €12,000 per annum and it is located to the rear of the development. Blackcastle Shopping Centre is a neighbourhood centre situated in the centre of a large number of housing developments north of the River Boyne within easy walking distance of Navan Town Centre. The development has served the local community and beyond for many years and since it was redeveloped a number of years ago it now comprises retail, office and apartments. The retail portion of the development is located on the ground floor with a large Centra supermarket, Post Office, Pharmacy, take aways, restaurant, laundrette, newsagents, childminding/playschool and butchers to name but a few. The upper levels comprise a gym, offices and apartments. The centre benefits from two large carparks one to the front and the other to the rear of the development and car parking is free of charge making it one of the busier centres in Navan.

BER C2 Rating
Kennedy Road Navan, Co Meath

€2,300,000 - Asking Price|

Subject to Contract/Contract Denied Cushman & Wakefield are pleased to present details of Kennedy Road, Navan, an excellent opportunity to acquire a mixed-use investment in Navan Town. * A unique opportunity to acquire a mixed-use investment in Navan Town. * Accomodation extending to approx. 773 sq m (8,320 sq ft). * 100% occupied generating a rental income of €217,500 p.a. from 6 tenancies. * Tenants include O\'Brien\'s Wines, Enable Ireland, The Green Grocer, Arthur\'s Restaurant Cafe, Studio One and Farrelly & Scully Accountants. * WAULT in excess of 6 years to expiry and 4 years to the earlier of lease break/expiry (as of 29.05.17). * Tenants not affected. * BER B2:E1. - no.s available upon request. Offers sought in excess of €2,300,000 reflecting a net initial yield of 9.05% assuming standard purchasers costs of 4.46%. Further information available on www.kennedyroadnavan.com

BER B2E1 Rating