Property Description

For sale by Lorraine Spillane Auctioneers via the iamsold Bidding Platform

Potential rental yield of c. €1,600 per month which would reflect at c. 15% gross rental yield at the guide price.

Please note this property will be offered by online auction unless sold prior. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.


We are delighted to welcome to the market this mixed use 3 floor property. The property offers a combination of a Residential and Commercial units set in the heart of Fermoy town beside a large public carpark.

The commercial unit boasts 25 square meters inclusive of 2 rooms, storage area and W.C. and is enhanced by the fact that it faces onto the Main road.

There is easy access to the Residential unit, which consists of a 2 bed apartment, split over 2 floors.

This unit was formally a very successful hair salon with separate letting of the Apartment, and while it will need some TCL and modernisation, it offers great potential for the right buyer.

Overall Floor Area: 75 m²
Services: Mains water supply, Electric Storage Heating
BER D1 / BER No. 112888854

Ground Floor - Commercial Unit1st Room:
4.89 mts x 4.32 mts
Large window to the front of premises, tiled floor

2nd Room:
5.05 mts x 3.08 mts
Window to the rear of premises, tiled floor

Storage under stairs:
1.10 mts x 3.3 mts

Toilet:
1.64 mts x 0.97 mts

Small yard to the rear
First Floor - Apartment(Accessed via side entrance)

Kitchen/Dining:
3.59 mts x 2.97 mts
Laminate floor, fully fitted kitchen with south facing rear window

Living room:
4.01 mts x 5.49 mts
Laminate floor, window to the front

Bathroom:
1.97 mts x 3.01 mts
Tiled floor, toilet, whb, electric shower over the bath
Second FloorBedroom 1:
2.3 mts x 5.24 mts
Laminate flooring, velux window

Bedroom 2:
3.53 mts x 3.62 mts
Laminate flooring, velux window

Landing:
3.16 mts x 1.48 mts

TO VIEW OR MAKE A BID Contact Lorraine Spillane Auctioneers or iamsold, www.iamsold.ie
Auctioneers Comments:
This property is offered for sale by unconditional auction. The successful bidder is required to pay a 10% deposit and contracts are signed immediately on acceptance of a bid. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale.

VAT is payable by the Buyer upon completion to their solicitor. This is to be paid in addition to the Sale Price.

Note:
These particulars, whilst believed to be accurate, are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection, measurement or otherwise as to their accuracy. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. Properties may be sold via online auction auction and bids made prior the auction may be accepted by the vendors. iamsold and our partner auctioneer will share relevant personal information and transactional updates with each other so that we can effectively market and sell properties including the arrangement of viewings and follow up.

BER Details

Energy Performance Indicator: 0.00 kWh/m2/yr

This property was last updated: 91 days ago