Applegreen, Bunclody, Wexford Y21Y6V6€895,000

Investment Property 0.21 Hectares For Sale C3-D1

Description

***FOR SALE BY BEST BIDS*** FRIDAY 15TH JULY @2PM

TO REGISTER FOR THE DATAROOM PLEASE CONTACT GARETH NOONE OR KEVIN COEN @ 01 491 2600

The Applegreen, Bunclody, occupies a prime location on the Ryland Road, one of the main arterial routes connecting the town of Bunclody with the enviorns namely Carnew, Enniscorthy, Carlow and Wexford. Located at the mid-point of the town centre, the property occupies an ideal location within the town of Bunclody, with high profile road frontage, a full retail forecourt, convenience retail and coffee stop area. The commercial element is subject to an occupational lease with Petrogas Ltd for 21 years with an unexpired WALUT of c. 11 years at a current passing rent of €52,000.00 PA (soon to be €58,080 PA in 2023).

The residential element comprises 1 x large 2 bedroom apartment and 1 x large 3 bedroom apartment. The residential units are both subject to part 4 residential tenancies with a combined current passing rent €19,200.00 PA.
The garage next door has a passing rent of €6,000 PA.

LOCATION
Bordering both Wicklow and Carlow, Bunclody Co. Wexford is a busy rural town which offers the local population access to all amenities including schools, churches, football and Gaelic clubs, a swimming pool, championship golf course, shopping, restaurants and leisure facilities.

DESCRIPTION
The property comprises a petrol filling station and accompanying facilities on a site area of approximately 0.21 acres. The site includes a convenience store, convenience retail, off licence and deli together with a forecourt and canopy, double-sided petrol pump terminals, and air/water refill services, all fitted out with Applegreens corporate branding. The convenience store provides for a retail area, delicatessen counter and off-licence to the front, with office, storage and staff toilet facilities to the rear. General fit out includes tiled flooring, with suspended ceiling etc.

TRANSPORT LINKS
Bunclody is located approximately 100 km from the M50, Dublin. The town is approximately 25 km from the M9 motorway and 20 km from the M11 motorway. Bunclody is served by Local Link bus routes 368 (Bunclody to Enniscorthy) and 369 (New Ross to Tullow via Bunclody). Wexford Bus also provides a scheduled service from Wexford to Carlow via Bunclody. Gorey and Carlow towns are little more than 30 km away.

MIXED USE INVESTMENT HIGHLIGHTS
Opportunity comprises petrol forecourt and residential investment
High Profile Filling Station producing c. €58,080.00 PA (from 2023)
Residential element producing c. €19,200 PA
Car garage producing €6,000 PA
Located in busy Rural Town
Commercial element Let to Petrogas Group Limited, wholly owned subsidiary of Applegreen Ltd.

BER Details

BER: C3 - D1

Viewing Details

Viewing by appointment only with joint selling agents DNG Commercial and DNG Bunclody

Documents

Brochure