Wexford
5 Donovan's Wharf
Crescent Quay
Co. Wexford

A Long Leasehold Ground Floor Unit subject to a Tenancy

RESERVE NOT TO EXCEED  €46,000

On the Instructions of the receiver, Grant Thornton

Tenure

Long Leasehold. The property is held on a long lease for a term of 500 years from 1st October 1995 (thus having approximately 494 years unexpired) at a current ground rent of IR£1 per annum.

Location

Wexford is situated on the south-east coast of Ireland approximately 19 km north of the Rosslare Europort. The town is connected to Dublin (approximately 153 km north) via the M11/N11 National Primary Route. Rosslare Strand Station is approximately 15 km to the south via the N25 and R740. Rosslare Europort serves passenger and freight ferries to Fishguard and Pembroke in Wales and Cherbourg in France. Paul Quay is situated on the eastern boundary of Wexford town centre, overlooking the Irish Sea.

Description

The property comprises a unit situated on the ground floor of a purpose built building arranged over ground and two upper floors beneath a pitched roof.

Accommodation

The property was not internally inspected by Allsop Space. The following information was provided by the Receiver. We understand the property provides:
Two Bedroom Accommodation

Tenancy

The property is subject to a Tenancy at a rent of  €6,480 per annum.

To View

Please go to www.allsopspace.ie to see the viewing schedule for this lot.

Seller's Solicitor

Messrs Ronan Daly Jermyn Solicitors
(Ref: Ms L Duggan).
Tel: +353 (0)21 480 2700.
To request a legal pack, please refer to www.allsopspace.ie

Current Gross Rent Reserved

€6,480 per annum