10 Units at Cois Tobair (part of Folio CK123051F),... - BidX1

RESERVE NOT TO EXCEED €1,000,000

Closing Time 10:50 (GMT) 13/04/2018

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10 Units at Cois Tobair (part of Folio CK123051F), Dromahane, Mallow, Co. Cork, P51 E772 1/33

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Auction

10 Units at Cois Tobair (part of Folio CK123051F), Dromahane, Mallow, Co. Cork, P51 E772

Auction
Lot 11
Ireland
House
Residential

RESERVE NOT TO EXCEED €1,000,000

Addendum

Unit 27 is subject to a tenancy at a current rent of €7,200 per annum and not as previously stated. All reference to vacant possession should be ignored. Unit 33 is subject to a tenancy at a current rent of €6,600 per annum and not as previously stated. All reference to vacant possession should be ignored. Unit 34 is subject to a tenancy at a current rent of €5,400 per annum and not as previously stated. The total current rent reserved is €37,200 and not as previously stated.

Property Summary

Portfolio of 10 residential houses.
Together with associated common areas.
Comprising of 10 x three bedroom semi detached and terrace houses.
Seven houses are complete with the remaining three houses requiring completion.
To be offered collectively as one lot.
Each house extends to approximately 106 sq. m (1,150 sq. ft).
Vacant possession of units 29, 30, 31, & 35.
Units 25, 27, 28, 32, 33 & 34 are subject to tenancies at a combined current rent of €37,200 per annum.

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Sarah Byrne

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Legal Contact

Kenny McArdle

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kmcardle78@web-ppt.bidx1.com

Contact Us

Sarah Byrne

Sarah Byrne

Property Agent, here to help.

sarah.byrne@bidx1.com

Legal Contact

Kenny McArdle

Vendor's Solicitor

kmcardle78@web-ppt.bidx1.com

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Description

Portfolio of 10 residential units.
Together with associated common areas.
Comprising of 10 x three bedroom semi detached and terrace houses.
Seven houses are complete with the remaining three houses requiring completion.
Two storey beneath a pitched roof.
Parking to the front.
Gardens to the rear.
We are informed that each house extends to approximately 106 sq. m (1,150 sq. ft).

Location

Mallow is a town in Co. Cork situated approximately 35km north of Cork City.
The subject properties are situated in Dromahane approximately 7km south west of Mallow.
Local amenities include Mallow Golf Club and Mallow Sports Complex together with a wide range of shops, bars and restaurants.
Transport links include a frequent bus service, Mallow Train Station, the N20 and the N72.

Tenancy

Units 25, 27, 28, 32, 33 & 34 are subject to tenancies at a combined current rent of €37,200 per annum.

The properties were not internally inspected or measured by BidX1. The information was provided by the Vendor. We are informed that each property provides:

				Total:	€37,200 p.a.
Unit	Accommodation	Sq. m	(Sq. ft)	Stage	Rent p.a.
25	Three bedroom semi detached house	106 sq. m	(1,150 sq. ft)	Complete	€5,400
27	Three bedroom semi detached house	106 sq. m	(1,150 sq. ft)	Complete	€7,200
28	Three bedroom semi detached house	106 sq. m	(1,150 sq. ft)	Complete	€6,600
29	Three bedroom end of terrace house	106 sq. m	(1,150 sq. ft)	Complete to second fix internally	Vacant
30	Three bedroom mid terrace house	106 sq. m	(1,150 sq. ft)	Complete to second fix internally	Vacant
31	Three bedroom end of terrace house	106 sq. m	(1,150 sq. ft)	Complete to second fix internally	Vacant
32	Three bedroom end of terrace house	106 sq. m	(1,150 sq. ft)	Complete	€6,000
33	Three bedroom end of terrace house	106 sq. m	(1,150 sq. ft)	Complete	€6,600
34	Three bedroom end of terrace house	106 sq. m	(1,150 sq. ft)	Complete	€5,400
35	Three bedroom end of terrace house	106 sq. m	(1,150 sq. ft)	Complete	Vacant

The properties were not internally inspected or measured by BidX1. The information was provided by the Vendor. We are informed that each property provides:

				Total:	€37,200 p.a.
Unit	Accommodation	Sq. m	(Sq. ft)	Stage	Rent p.a.
25	Three bedroom semi detached house	106 sq. m	(1,150 sq. ft)	Complete	€5,400
27	Three bedroom semi detached house	106 sq. m	(1,150 sq. ft)	Complete	€7,200
28	Three bedroom semi detached house	106 sq. m	(1,150 sq. ft)	Complete	€6,600
29	Three bedroom end of terrace house	106 sq. m	(1,150 sq. ft)	Complete to second fix internally	Vacant
30	Three bedroom mid terrace house	106 sq. m	(1,150 sq. ft)	Complete to second fix internally	Vacant
31	Three bedroom end of terrace house	106 sq. m	(1,150 sq. ft)	Complete to second fix internally	Vacant
32	Three bedroom end of terrace house	106 sq. m	(1,150 sq. ft)	Complete	€6,000
33	Three bedroom end of terrace house	106 sq. m	(1,150 sq. ft)	Complete	€6,600
34	Three bedroom end of terrace house	106 sq. m	(1,150 sq. ft)	Complete	€5,400
35	Three bedroom end of terrace house	106 sq. m	(1,150 sq. ft)	Complete	Vacant

VAT

Please refer to Legal Documents

BER Rating

B3 - C3

BER Identification Number

Available from BidX1

Energy Performance Indicator

143.41 kWh/m²/yr - 222.07 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.