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Lot 3
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1 March 2012 Auction
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| Reserve Price Not to Exceed | €75,000 | | Result | €112,000 |
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Galway City16 Eyre Square Centre
Eyre Square
A Long Leasehold Mid Terrace Two Bedroom Town House subject to a Tenancy RESERVE NOT TO EXCEED €75,000 ON THE INSTRUCTIONS OF THE RECEIVER, SIMON DAVIDSON, HWBC ALLSOPTenureLong Leasehold. The property is held under a lease for a term of 998 years from 1st January 1991 (thus having approximately 977 years unexpired) at a ground rent of 5 pence if demanded. LocationThe property is located in the centre of Galway City above the Eyre Square Shopping Centre. The development is located to the south-west corner of Eyre Square close to the junction of Eyre Square and Victoria Place. Galway is located in the west of Ireland and in a popular location for both students and tourists. The city has a host of amenities including universities, hospitals, bars, restaurants and hotels. Galway train station is very close by with a journey time to Dublin Henston of approximately two hours. DescriptionThe property comprises a mid terrace town house arranged over two floors beneath a pitched roof.AccommodationThe property was not internally inspected by Allsop Space. The following information was provided by the Receiver.
We understand the property provides:
Lower Floor - Entrance Hallway, Two Bedrooms, Bathroom
Upper Floor - Reception, Kitchen, Dining AreaTenancyThe Receiver has not had sight of a Tenancy Agreement but understands the property is subject to a tenancy at a rent of €600 per calendar month.Seller's SolicitorMessrs Woods Hogan (Ref: Mr Vincent Costello).
Tel: +353 (0)1 882 4343.
To request a legal pack, please refer to www.allsopspace.ieCurrent Gross Rent Reserved €7,200 per annum
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