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27 Main Street, Arklow, Co. Wicklow

  • Auction
  • Lot 214
  • Ireland
  • Mixed Use
  • Commercial

RESERVE RANGE €180,000 - €190,000

Property Summary

  • An end of terrace mixed use investment.
  • Comprising a ground floor cafe and 4 x apartments overhead.
  • Total floor area extending to approximately 226 sq. m (2,430 sq. ft).
  • Ground floor cafe occupied by Le Chef Deli & Cafe.
  • 2 x apartments subject to tenancies with vacant possession of two apartments.
  • Total current rent reserved €22,400 per annum.

Contact Us

Gillian Earley
Gillian Earley
Property Agent, here to help.
Charles Meenan
Vendor's Solicitor

Contact Us

Gillian Earley
Gillian Earley
Property Agent, here to help.
Charles Meenan
Vendor's Solicitor

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Description

The property is arranged over ground and first floors to provide an end of terrace mixed use building. Internally the property comprises a ground floor cafe together with four apartments overhead. Apartments 1 & 2 are accessed via a shared entrance from the Main Street and apartments 3 & 4 are accessed via a metal stairs to the rear.

Location

  • Arklow is a commuter town in County Wicklow.
  • The town is situated approximately 22km south of Wicklow Town, and some 77km south of Dublin City Centre.
  • Access to both Wicklow and Dublin to the north and Gorey to the south is provided by the N11.
  • The property is situated on Upper Main Street close to its intersection with Bridge Street.
  • Surrounding occupiers include Duggan Opticians, The Royal Hotel and AIB.

Property Table

Unit Size sq.m Size sq.ft Present Lessee Lease terms Current Rent € p.a.
Ground floor Café  121 sq. m (1,302 sq. ft) Le Chef Deli & Café Informal tenancy (1) €12,000 p.a.
Apartment 1  24 sq. m (258 sq. ft) Vacant - -
Apartment 2  27 sq. m  (290 sq. ft) Vacant - -
Apartment 3  27 sq. m (290 sq. ft) Individual Informal tenancy  €5,200 p.a.
Apartment 4  27 sq. m (290 sq. ft) Individual Informal tenancy  €5,200 p.a.
Total  226 sq. m (2,430 sq. ft)     €22,400 p.a.
(1) We are advised by the Vendor that there are agreed Heads of Terms for a 4 year 9 month lease from 01.06.2017

VAT

Please refer to Legal Documents

BER Rating

C2 - F

BER Identification Number

Available from Allsop

Energy Performance Indicator

838.62 kWh/m²/yr 1.2 - 445.51 kWh/m²/yr

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*Terms & Conditions

No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.

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