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Co. Clare Median Price
Shannon rent price
AKincora Hall, Shannon Town, Shannon
€1,150,000 listed in Sep 2014
Commercial:
Land size:  [Measure]
Agent: M & C Property

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Property Description:
Property Description:
**Investment Opportunity**

Kincora Hall is a purpose built mixed use development of 40 apartments and commercial units situated in Shannon Town Centre.
The property occupies a prominent site in the town centre and is adjacent to the Skycourt Shopping centre which is anchored by Dunnes Stores. Other occupiers in the Skycourt complex include Supermacs, Shannon Knights Public House, Subway, Lidl and Lifestyle Sports.

There are 20 no. 2 bed apartments and 20 no. 3 bed apartments in the residential part of the building which is laid out over 5 floors.
Each floor of the building measures approximately 588 Sq Mtrs (6,329 Sq Ft) and The 3 bedroom apartments measure approximately 72 Sq Mtrs each and the 2 bedroom apartments measure approx 60 Sq Mtrs each.

There is lift access to each floor.

The commercial units occupy the ground floor of the property and the overall amount of commercial space in the building totals 588 Sq Mtrs (6,329) sq ft approx.

The existing occupiers include a fast food outlet, hairdresser and church group.

Kincora Hall presents an investment opportunity which produced a gross rental income of 176,000 in 2013 (Residential and commercial rents combined)
The property is not currently operating at 100% occupancy so there is future potential to generate a higher return.

There are no service charges in the building as it has been held by one entity since construction.

Ample surface car parking within the bounds of the site.

Please note the rental income from the property is subject to change as there may be changes in the tenancies during the sales period. Note also that the tenants are not affected.

The building is being offered for sale as it stands.

The original ye
Nearby Schools:
NameTypeDistance
Shannon Comprehensive SchoolSecondary567 meters
NAOMH TOLAPrimary567 meters
ST CONAIRES NSPrimary773 meters
ST AIDANS NSPrimary1 km
St Caimin's Community SchoolSecondary1.3 km

The property data is from the public websites.

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