O'connell Street, Sligo, Co. Sligo

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€5,700,000

Investment Property For Sale
66,192 sq. feet (6,149 sq. metres)

Rating:

Contact Name: James Loughnane

Selling Agent: Cushman & Wakefield Dublin

PSR Licence Number: 002222

Email Agent Call 35316399209
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Property Description

- High yielding retail investment opportunity
- Prime retail pitch in the heart of Sligo town centre
- Established modern covered shopping mall
- Strong tenant line-up including Boots, Elvery's, Costa Coffee and Holland & Barrett
- 95% of passing income is secured to national and international occupiers
- Total net operating income of 669,984 per annum with reversionary potential
- WAULT of c.8.78 years to expiry and c.4.86 years to break
- Immediate asset management opportunities to increase income return
- 999 year leasehold title
- Shared ownership - Selling 22 of the schemes 29 units, extending to approximately 6,149.6 sq m (66,192 sq ft)
- Offers sought in excess of 5.7 million, reflecting a net initial yield of 10.69%, assuming standard purchasers costs of 9.96%

BER Details

Energy Performance Indicator: 0.00 kWh/m2/yr

This property was last updated: 2 days ago


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To: James Loughnane in Cushman & Wakefield Dublin
Subject: Investment Property For Sale in O'connell Street, Sligo, Co. Sligo
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Selling Agent

Cushman & Wakefield Dublin
164 Shelbourne Road Ballsbridge Dublin 4

Contact Name: James Loughnane

PSR Licence Number: 002222

Call 35316399209
This Investment Property For Sale located at O'connell Street, Sligo, Co. Sligo is currently for sale. This property was last updated by Cushman & Wakefield Dublin 2 days ago. O'connell Street, Sligo, Co. Sligo is priced as: €5,700,000 and has 66,192 sq. feet (6,149 sq. metres). View all properties for sale in Sligo, Co. Sligo. View investment property for sale in Sligo, Co. Sligo.
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O'Connell Street, Sligo, Co. Sligo