Commercial Investment Property For Sale by Private Treaty

(Tenants not Affected)

Superb, absolutely prime, three storey over-basement commercial property

High Profile position in Wexford Town.

Fully-let currently yielding €40,500 per annum.

Ground Floor extends to 124 sq. m. / 1,335 sq. ft.  Basement of similar size with excellent head-room ( Permission granted to extend to the rear)

Exceptional opportunity to acquire this high profile commercial investment located in the busiest portion of Wexford Town Centre

Rear Pedestrian access from car park

Adjoining occupiers include National, International and many Indigenous Retailers including Penneys, DV8, Claire’s, Eir, Shoe Zone, Sam McCauley’s etc

DESCRIPTION:  The subject property comprises a mid-terrace, three storey building over basement, with retail unit at ground floor.  There is separate access from Main St. to the upper floors, currently occupied by Beauticians.  It is a high profile position, with high volumes of footfall.  Fully let.  (Tenants not Affected).

ACCOMMODATION: 

GROUND FLOOR

Retail Area – c. 124 sq.m. / 1,335 sq.ft.

Basement – c. 124 sq.m. / 1,335 sq.ft. –

with two staff toilets and headroom in this area of c. 8 ft. but headroom in the remainder is c. 14 ft. with obvious potential.

Direct access from the basement to the rear yard in which the planning permission has been granted for the two storey extension and from there there is a pedestrian right of way to the substantial car park to the rear.

Separate Entrance to Upper floors – 93 sq.m / c. 1,000 sq.ft.

FIRST FLOOR

Landing Area leads to:

Room 1 – c. 315 sq.ft. – with fireplace.

Room 2 – c. 145 sq.ft.

SECOND FLOOR

Room 1 – c. 242 sq.ft.

Room 2 – c. 133 sq.ft.

Room 3 – c. 106 sq.ft.

Bathroom with bath, w.h.b. and w.c.

RATEABLE VALUATION:  The current R.V. of the property is €84.00.

LEGAL:  Ensor O’Connor & Co., Solicitors, ‘Melrose’, Westgate, Wexford