Property Description

For Sale – Two Prime Retail Units

Stellar Property are delighted to present these two modern, adjoining units in the established Tuam Shopping Centre.

Key Features:
- Available with vacant possession
- Modern retail accommodation in turnkey condition
- Prominent dual-aspect frontage
- Mezzanine storage and ancillary accommodation
- Established retail destination
- Over 400 surface car parking spaces
- Suitable for owner-occupiers, investors or a variety of retail and service uses (subject to planning permission where required)

LOCATION
Tuam is a commuter town located approximately 34km north of Galway city and 1km from the M17/M18 Limerick to Sligo Road. It has experienced a growth in population and is now in excess of 9,600 (Census 2022). Tuam is home to a number of national and international companies including Valeo and JFC Manufacturing.

Tuam Shopping Centre is located on Abbey Trinity Street, on the N17 Galway to Sligo Road and is easily accessed from the town centre via Chapel Lane. The Centre opened in 2005 and comprises 11 large retail units, a 400-space multi-storey car park and 15 two-bedroom apartments overhead.

The Centre serves as a retail hub for Tuam and its surrounding areas. It is anchored by Tesco and includes other prime retailers and services such as Elvery's Intersport, Specsavers, Regatta, Roots Café, and Medwell Allcare Pharmacy.

DESCRIPTION
Occupying a prominent ground floor position, both units are presented in turnkey condition and benefit from excellent natural light with dual frontage onto Abbey Trinity Street and the Centre's main entrance plaza. These units were previously amalgamated on the ground floor. They benefit from a mezzanine-level comprised of fully racked storage accommodation, WC, managers office and canteen. This space is accessed via a stairwell located to the rear of Unit 3.

ACCOMMODATION
Unit 2: 291 sq m (3,138 sq ft) - Ground floor 191 sq m (2,056 sq ft), mezzanine 100 sq m (1,081 sq ft)
Unit 3: 246 sq m (2,650 sq ft) - Ground floor 161 sq m (1,736 sq ft), mezzanine 85 sq m (914 sq ft)
Total: 352 sq m (5,788 sq ft) - Ground floor 352 sq m (3,792 sq ft), mezzanine 185 sqm (1,995 sq ft)

The units were previously occupied by a fashion retailer and were fitted out to a very high standard. Internally the property's ground floor is fitted with tiled floors throughout, drop accessed ceilings with spots, air conditioning and all mains services. The property has fantastic visibility onto the Abbey Trinity Street and internally onto the Shopping Centre's main concourse.

OPPORTUNITY
Stellar Property are of the opinion that these units offer an excellent opportunity to acquire high-quality retail accommodation in one of Tuam's principal retail destinations. The ERV is in the region of €65,000 p.a. excluding VAT, offering investors a potential yield of 10.75%.

OFFR
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BER Details

BER No. 800505257

Energy Performance Indicator: 0.00 kWh/m2/yr

This property was last updated: yesterday morning