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Friar's Court, Nenagh, Co Tipperary

Investment Property Sale Agreed
of

Sale Agreed

Features

  • Mixed retail and office investment.
  • Current total rental income €77,561 per annum
  • Seven ground floor retail units with offices overhead
  • Town centre location
  • Asset management opportunity, potential to increase rental income by letting vacant units.

Location

The property is centrally situated in Nenagh town centre to the south of Pearse Street and extending through to Abbey Street. There is pedestrian access from Pearse Street, the town’s main retail and commercial area, and from Abbey Street. Ther eis also access from the adjoining Quintin’s Way development.

Nenagh is the main town in north Tipperary and it has a population of just under 9,000. The Tipperary County Council offices are located in the town and it is an important market and service centre serving a large hinterland. Nenagh has a train station and the town’s main employers include Carey’s Glass, Arrabawn Co-op and First Data who are opening a research and development centre in the town. Nenagh is located just off the M7 approx 42 km north east of Limerick and 10 km from Dublin.

Full Description

The property comprises a modern mixed retail and office development contained in a three storey building with an adjoining car park. The building is constructed with concrete block walls, pitched timber and tile roof and concrete floors. There are seven own door retail units on the ground floor fronting onto a pedestrianised street. There are also four small office units on the ground floor with a shared kitchen area. There is lift and stairs access from a ground floor entrance and lobby to the main office accommodation on the first and second floors. The offices are accessed from a central corridor and there are shared ladies and gents toilets on each level. There is a surface car park with 16 car spaces with access from Abbbey Street.

Viewing Details

Strictly by appointment with the sole selling agent Lisney (021) 4275079

Accommodation

    Seven ground floor retail units with offices overhead.  See attached brochure for more details.
BER No. BER D1-B3

Solicitor

O'Flynn Exhams, 58 South Mall, Cork

Contact Details

Address: 1 South Mall, Cork
Telephone: +353-21-427 5079 or you can also email us at cork@lisney.com

Lisney for themselves and the Vendor/Lessor whose Agents they are give notice that:

1. These particulars do not constitute any part of an offer or contract.

2. All statements contained in these particulars as to this property are made without responsibility on the part of the Agents or the Vendor/Lessor and none of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact.

3. The particulars, various plans, photographs, dimensions, references to condition and permissions for use and occupation  are given in good faith and are believed to be correct but their accuracy is not guaranteed and any intending Purchasers or Tenants shall satisfy themselves by inspection or otherwise as to correctness of each of them. No omission, accidental error or misdescription shall be ground for a claim for compensation or for the rescission of the contract by either the Vendor/Lessor or the Purchaser/Tenant.

  4. Neither the Vendor/Lessor nor Lisney nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to the property. 5. Prices are quoted exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the Purchaser/Tenant shall be liable for any VAT arising on the transaction. PSRA No. 001848.

Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.