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The Courtyard, Killarney, Co. Kerry

For Sale By Private Treaty Retail Investment Opportunity

Courtyard, Killarney, Co. Kerry

TENANTS UNAFFECTED

  • High yielding retail investment.
  • Located in the heart of Killarney
  • 11 self-contained commercial units with a current annual rent roll of 201,000 together with 3 vacant units.
  • Tenants include Specsavers, Munster Outdoor Sports, Sean Taaffe Hair and Beauty and Dominos Pizza.

Location

The property is located in the heart of Killarney a mere 2 minute walk from the railway station. This is a high profile location on the junction of one of the busiest access points to the town centre. The property has extensive frontage to both Fairhill and Lewis Road. Killarney is generally recognised as the tourism capital of Ireland and boasts a year round trade both nationally and internationally. The town itself has a population of 14,000 people.

Description

The property comprises 11 ground floor commercial units which form part of a larger mixed development built c. 10 years ago. All of the units are modern and well maintained and have attractive facades. The majority of the tenants are in-situ since the initial letting of the development.

Tenant Outgoings:

Service Charge, Insurance & Rates are payable by the Lessees.

Building Energy Ratings (BER)

Certificate and Advisory Reports are available on request.

VAT

Further information available on request.

Capital Gains Tax

Purchasers can benefit from Capital Gains Tax Relief if they purchase the property before 31st December 2014.

Guide Price :

€1,650,000.

Viewing:

All viewings are strictly by appointment with the soleselling agents.

Solicitor:

McMahon OTMrien Tynan, Solicitors, Mount Kennett House, Henry Street, Limerick.

Contact Sole Selling Agents:

Brian Olden - bolden@cdacork.com

Rob Coughlan - rcoughlan@cdacork.com

  • 1,650,000
  • Area 1846 Sq.M
  • 19870 Sq.Ft
  • Other Information investment property

+353 21 427 7717

Location

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  • Society of Chartered Surveyors Ireland
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