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Lot 7
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3 October 2012 Auction
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| Reserve Price Not to Exceed | €350,000 | | Result | €485,000 |
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TraleeUnit 9 The Mall
Co. Kerry
Freehold Mid Terrace Building
• Internally arranged to provide a ground floor pharmacy with two upper floors
• Subject to a Commercial Lease
• 15 Years from August 2012
• Current Rent Reserved€40,000 per annumon the instructions of the receiver, paul mccann, grant thorntonRESERVE NOT TO EXCEED €350,000 TenureFreehold.LocationThe property is located on The Mall within Tralee town centre. The Mall forms the central shopping street within Tralee with neighbouring occupiers including Penneys, Elverys and Easons. Tralee is situated approximately 103 km to the south-west of Limerick, and 116 km north-west of Cork. Dublin is situated 291 km to the north-east with access provided via the M7 Motorway.DescriptionThe property comprises a mid terrace building arranged over ground and two upper floors. The property is internally arranged to provide a ground floor pharmacy with two upper floors.AccommodationThe property was not internally inspected or measured by Allsop Space. The following information was provided by the Receiver.
We understand the property provides:
Ground Floor 50.22 sq m (540 sq ft)
First Floor 26.78 sq m (288 sq ft)
Second Floor 52.55 sq m (565 sq ft)
Attic 47.52 sq m (511 sq ft)
Total 177.07 sq m (1,904 sq ft)TenancyThe property is presently occupied on a commercial lease subject to the following terms:
Term: 15 years from 31st August 2012 in favour of Odlonor Limited
Current Rent Reserved: €40,000 per annum.To ViewThis property is available for viewing Friday 28th September between 11:00am - 1:00pm Seller's SolicitorMessrs Matheson Ormsby Prentice
(Ref: Ms R Ward).
Tel: +353 (0)1 232 2000.
To request a legal pack, please refer to www.allsopspace.ie
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