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6 / 7 High Street , Galway

€2,500,000 - Asking Price Sale Agreed 677 sqm approx

Description

* * * * SALE AGREED * * * *

Investment Opportunity located in a prime position on High Street in Galway City Centre

For Sale

On the instructions of Aiden Murphy Receiver

Crowe Horwath

Cushman & Wakefield are delighted to bring to the market 6 / 7 High Street, Galway City.

Property Highlights

• Investment Opportunity located in a prime position on High Street in Galway City Centre

• Number 6 trading as Kilkenny Design is held on a 25 year lease from 2002 at a passing rent of €155,000 per annum.

• Number 7 is let to Ladbrokes on a 35 year lease from 1987 at a current rent of €40,000 per annum

• A telecommunications mast located on the roof produces an income of €8,000 per annum

• NIY 7.77%

• Guide Price €2,500,000

• A telecommunications mast located on the roof produces an income of €8,000 per annum

• Tenants not affected

BER Information

  • Rating: BER C3G
  • Certificates are available from the agent.

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€450,000 - Asking Price|160 sqm approx

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Considerable precedent for achieving higher plot ratios on CC zoned lands in the city (SPP).

BER E2 Rating