COMMERCIAL INVESTMENT PROPERTY FOR SALE.
TENANTS NOT AFFECTED
FULLY LET

Corner of Monck Street and Selskar Street property comprising:

Ground Floor: 135.26 sq. m (1,456 sq. Ft.)
First Floor: 120.77 sq. m (1,300 sq. ft.)
Second Floor: 101 sq. m (1,088 sq.ft.)
Third Floor: 41 sq. m (444 sq. ft)
Total: 398 sq. m (4,288 sq. ft)

Frontage to Selskar - 10 m
Frontage to Monck Street - 19.7m

Tenancy: The entire building is let on a 15 year F.R.I. lease at a passing rent of €55,000 per annum + VAT. The lease commenced in 10th May 2010 and there is a break clause in year 10. This break clause requires the service of 12 months notice prior and cannot be served until after the expiry of the 8th year of the term.

Tenure: We understand the property is freehold. Folio WX12754F.
VAT will be payable on the sale.

Planning Status:
Ground Floor: Retail
First Floor: Offices
Upper Floors: Residential

Summary:
This sale represents an excellent opportunity to buy an important corner building let in its entirety to a single occupant running a thriving business.

Sol: Val Stone, Stone Solicitors, Wexford