Sold €380,000 - Commercial Premises with 2 overhead apartments
FIRST CLASS INVESTMENT OPPORTUNITY
“TENANT NOT AFFECTED”
Excellent opportunity to purchase a quality property with Blue Chip Sitting tenant along with the opportunity to achieve a further massive increase in rental income from the 2 overhead fully fitted and ready to go apartments.
There is an existing lease to Boyle Sports for the ground floor retail outlet amounting to €28,000 per annum for a remaining 12 years which is a really excellent covenant.
The two overhead apartments will provide a combined income of €18,000 per annum thereby delivering a total rental income of €46,000 per annum.
Macroom Town is rapidly improving as a destination of choice from both a business and residential point of view and this property is right in the centre of the town and is a top-class investment for shrewd investor.
COMMERCIAL UNIT, c. 101 m2:
Open plan unit; currently fitted out with reception desk; office, and w.c.
COMMERCIAL BER:
BER B3, No. 800924987
Apartment 1, First floor, c.43m2:
Hallway:
Carpet; prepay power keypad; intercom; coat hooks.
Living Room:
Carpet; radiator; 2 windows overlooking Macroom Town; curtains.
Kitchen:
Tiled floor; fitted country style kitchen units; tiled backsplash; oven; hob; fridge; extractor; washing machine; shelved utility cupboard; window to rear; curtains.
Bedroom to front:
Carpet; radiator; window; bed; side lockers; wardrobes.
Bathroom, to rear:
Tiled floor; part tiled walls; stand in electric shower; w.c.; wash hand basin; shelved area; frosted window.
BER D1, No. 116574823
Apartment 2, top floor, c.51 m2:
Hallway:
Carpet; radiator; intercom; prepay power keypad.
Living Room:
Carpet; radiator; 2 windows overlooking Macroom Town; curtains.
Kitchen:
Tiled floor; fitted country style kitchen units; tiled backsplash; oven; hob; fridge; extractor; washing machine; shelved utility cupboard; window to rear; curtains.
Bedroom to front:
Carpet; radiator; window; bed; side lockers; wardrobes.
Bathroom:
Fully tiled; stand in electric shower; w.c. and wash hand basin; frosted window.
BER E2, No. 116574831