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Garvan House and Garvan Court, Main Street, Ballybofey, Co. Donegal

  • Auction
  • Lot 11
  • Ireland
  • Commercial Building
  • Commercial

GUIDE PRICE €300,000

Property Summary

  • A mixed use investment.
  • Comprising 3 x retail units, 1 x office and 11 x apartments.
  • Extending to approximately 576 sq. m (6,200 sq. ft) in total.
  • 2 x retail units and 1 x office unit subject to a tenancy.
  • Lease expiry 31.03.2020
  • 3 x apartments subject to a residential tenancy.
  • Total current rent passing €8,000 per annum with vacant possession of 1 x retail unit and 8 x apartments.*

Contact Us

Ciara McGovern
Ciara McGovern
Property Agent, here to help.
ciara.mcgovern@bidx1.com
None
Legal Contact
James Finnegan
Vendor's Solicitor
finneganj95658@web-ppt.bidx1.com
None

Contact Us

Ciara McGovern
Ciara McGovern
Property Agent, here to help.
ciara.mcgovern@bidx1.com
None
Legal Contact
James Finnegan
Vendor's Solicitor
finneganj95658@web-ppt.bidx1.com
None

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Description

The property is arranged over ground and two upper floors to provide a mid terrace mixed use building. The property comprises 3 x ground floor retail units, 1 x first floor office and 11 x one and two bedroom apartments arranged over first and second floors.

Total floor area extending to approximately 576 sq. m (6,200 sq. ft).

Location

  • Ballybofey is a town in south east County Donegal.
  • The town is situated approximately 28km south of Letterkenny and 24km north east of Donegal town.
  • Transport links in the area include the N15 and N13 providing access to Sligo, Lifford, Letterkenny and Derry. Public transport is served by a host of bus services.
  • The property is situated on the western side of the Main Street close to the intersection with Glenfin Street.
  • Surrounding occupiers include AIB, Bank of Ireland and The Villa Rose Hotel.

Property Table

      Total €19,220 p.a.*
Garvan House & Garvan Court    
Unit Accommodation Present Lessee Lease Terms Current Rent Reserved € p.a.
Retail 1 Retail Individual 3 years from 01.04.2017 €8,000 p.a.
Retail 2 Retail
First floor office Office
Retail 3 Retail Vacant - - 
1 Garvan Court Apartment Vacant -  -
2 Garvan Court Apartment Vacant - -
3 Garvan Court Apartment Individual Residential tenancy €5,160 p.a.*
3a Garvan House Apartment Vacant -  -
4 Garvan Court Apartment Vacant - -
4a Garvan House Apartment Vacant  -    -
5 Garvan Court Apartment Individual Residential tenancy €4,140 p.a.*
5a Garvan House Apartment Vacant -  -
6 Garvan Court Apartment Vacant  -  -
7 Garvan Court Apartment Vacant - -
8 Garvan Court Apartment Individual Residential tenancy €1,920 p.a.*

 *Please note that the current rent passing is €8,000 p.a.

VAT

Please refer to Legal Documents

BER Rating

B2 - F

BER Identification Number

Available from BidX1

Energy Performance Indicator

112.29 kWh/m²/yr - 410.69 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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