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Crafted by 4Property.

Kildare Town Centre, Claregate Street


Type
Other

Status
Sold

BER
BER
ON REQUEST

Location
Kildare

Description

*High yielding collection of retail, kiosk and office units within the larger Kildare Town Centre mixed use
development built circa 2005.
*14 x Retail units, 2 x office units, 3 x kiosk units together with car parking at lower ground level.
*Entire extends to approximately 2,358sq.m (25,377 sq.ft) GIA.
*Current passing rent of €213,350 per annum with a WAULT of 6.46 years.
*Stepped rental increases for an additional €10,000 per annum within the next four years.
*Immediate asset management opportunities to increase rental income further in the form of 5 vacant units.
*Tenants not affected
*Offers are sought in excess of €1,550,000 representing a net initial yield of 12.75% after allowing for purchaser’s
costs at 8.46%
*Joint Agent with Lisney

Features

  • Investment opportunity

Accommodation

Notice
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.

Location

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