Canon Row And Kennedy Road, Navan, Co. Meath

Canon Row And Kennedy Road, Navan, Co. Meath - Click to view photos
See Larger Images & 5 More Photographs >>

Canon Row And Kennedy Road, Navan, Co. Meath - Image 2 Canon Row And Kennedy Road, Navan, Co. Meath - Image 3 Canon Row And Kennedy Road, Navan, Co. Meath - Image 4 Canon Row And Kennedy Road, Navan, Co. Meath - Image 5

€950,000

Investment Property For Sale
7,976 sq. feet (741 sq. metres)

Rating:

Contact Name: John Harrington Jnr

Selling Agent: Smith Harrington Auctioneers

PSR Licence Number: 003594

Email Agent Show Number
|
Share with a Friend
|

Property Description

- Excellent high profile investment opportunity.

- Income producing asset with potential to increase return.

- Passing rent of €80,500 producing an initial yield of 8.4%.

- A.M.V. €950,000 *Tenants not affected*

This property provides an excellent opportunity to acquire an income producing asset in a high profile location with frontage to two streets, Kennedy Plaza on Kennedy Road and Canon Row.

The property comprises two buildings with a shared yard. Canon Row is a self contained, terraced, two storey building extending to 341 square metres (3,670 square foot). It is currently let to Prosper Meath. The building on Kennedy Road is a two-storey, semi-detached, mix used retail and office building extending to approximately 400 square metres (4,305 square foot).

There is mix of tenancies with the ground floor retail units let to the NCBI and EBS, one first floor office let to Louth Meath Drug Taskforce and the other office let to Meath Women's Aid Housing Association CLG. The tenants are on a mix of terms with some on periodic tenancies. The properties are in good condition and have the potential to increase the rental income.





Services

Mains electricity, water & sewerage


BER details

C3 - No. 800177644
D2 - No. 800177669
C3 - No. 800186611
C2 - No. 800186629



Title

Freehold




Tenancy schedule

Available on request






Location

Navan is the county town of County Meath. It is a large commuter town of Dublin and has a population in the region of 31,689 people (CSO,2016), making it the fifth largest town after Drogheda, Dundalk, Swords and Bray in Ireland. Navan is located 50km north-west of Dublin city centre and is easily accessed via Junctions 8 & 9 of the M3 Motorway.

Navan is well serviced by shopping centres, business parks, major banks, sporting clubs, racecourse, and a variety of local and international traders.

Given Navan€TM close proximity to Dublin and good motorway access, the town is home to a variety of larger employers including Meath County Council, Lir Chocolates, Generali Pan Europe, eComm Merchant Solutions and Welch Allyn (US medical devices). These businesses are located in the IDA Business Park which is located in Johnstown, south east of Navan Town.

Public transport in Navan is currently via a number of Bus Eireann routes, the principal service being the 109 (Dublin-Navan-Cavan) with other services including the 109A (Navan-Dublin Airport-DCU), 70 (Navan to Athlone/Galway and the 188 (Drogheda-Navan-Trim). Bus Eireann also runs three services from the town centre to a number of the suburbs with a bus stop located to the front of the property.

BER Details

BER No. 800177669

Energy Performance Indicator: 625.67 kWh/m2/yr

This property was last updated: 86 days ago


Contact Estate Agent

To: John Harrington Jnr in Smith Harrington Auctioneers
Subject: Investment Property For Sale in Canon Row And Kennedy Road, Navan, Co....
First Name:* Message:*
Last Name:*
Email Address:*
Your Phone Number:*

Terms of Use

We want you to know exactly how our service works, why we need your details and how we process that information. Please state that you have read and agree with our Terms of Use and Privacy Policy before you continue.

*

Selling Agent

Smith Harrington Auctioneers
8 / 9 Bridge Street, Navan, Co. Meath

Contact Name: John Harrington Jnr

PSR Licence Number: 003594

Show Number
This Investment Property For Sale located at Canon Row And Kennedy Road, Navan, Co. Meath is currently for sale. This property was last updated by Smith Harrington Auctioneers 86 days ago. Canon Row And Kennedy Road, Navan, Co. Meath is priced as: €950,000 and has 7,976 sq. feet (741 sq. metres). View all properties for sale in Navan, Co. Meath. View investment property for sale in Navan, Co. Meath.
Viewing 1 of 6 photos
Canon Row and Kennedy Road, Navan, Co. Meath