City Centre, Galway City Centre, Co. Galway
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Price on Application
Retail Unit For Sale1,442 sq. feet (134 sq. metres)
Rating:
Contact Name: Alan Maxwell
Selling Agent:
Alan Maxwell Property Solutions Ltd
PSR Licence Number: 004807-001452
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Property Description
Exceptional opportunity to acquire a secure retail investment in Galway City Centre, positioned on one of the city’s strongest pedestrian retail pitches with substantial year round footfall and a proven trading environment.
The property is let to a well-established occupier at a current passing rent of €60,000 per annum exclusive under a long-term lease with approximately 17 years unexpired.
Investment Highlights
Secure long-term income stream
Passing rent of €60,000 per annum
Excellent covenant strength
Five yearly open market rent reviews
Prime city center pedestrian retail location
Strong occupier and investor demand in the locality
Off-market sale opportunity
This investment is expected to appeal to private investors seeking stable long
term income within a tightly held retail location.
Further information available strictly on request and subject to confidentiality.
BER Details
Energy Performance Indicator: 0.00 kWh/m2/yr
This property was last updated: 61 days ago
