Unit 1 Glebe Court Abbey Street, Wicklow Town, Wicklow €420,000

Investment Property 394 m² / 4241 ft² For Sale B3

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Description

A modern retail investment, T/A Homesavers, extending to a net internal area of approximately c.394 sq.m (4,246 sq.ft). The investment opportunity is centrally location within Wicklow Town. The property was developed as part of a mixed use development Glebe Court and just a short walk to the town centre. The opportunity provides for large ground floor retail space with a rear store room and back office area, with eight car spaces in the adjoining underground car park. The busy thoroughfare Wicklow Main Street is within a 5 minute walk giving occupiers the choice of an array of amenities. Occupiers' within immediate proximity include Tesco, Michael Collins Pharmacy, Kings Gala & Circle K, Wicklow Tennis Club and Educate Together School.
The opportunity is centrally located in Wicklow Town. Adjacent to the roundabout on Abbey Street and Friarshill. The M11 from Dublin to Rosslare bypasses Wicklow between junctions 16 and 18, however it is c. 20 mins to Dublin South County by car, which connects to the emerging commercial areas such as Cherrywood and Sandyford.

The location is well served with public transport, Bus Eireann provides several routes through Wicklow Town, including the 133 and 133X services. In addition, Wexford Bus operates several services linking Wicklow with Dublin Airport. Rail connections to Wicklow town are provided by Iarnrod Eireann along the Dublin-Rosslare railway line, including commuter and intercity services in and out of the capital. There is also a train to Dundalk available daily (which travels through Dublin city and along the North County coastline).

The Immediate vicinity offers a wide variety of options when it comes to amenities. Wicklow is well represented with Wicklow Tennis Club, GAA, Wicklow AFC and rugby clubs. The property is located to an extensive selection of retail stores and food & beverage. The Vartry River with scenic walks, Wicklow Gaol, Black Castle and Wicklow Harbour nearby.

Features

Features
Tenant of strong covenant with nationwide stores
Central location within Wicklow Town
Eight car parking spaces in underground car park
WAULT of 15.5 years with a passing rent of €40,000 PA
Opportunity for future rental growth

BER Details

BER: B3 BER No.800274524 Energy Performance Indicator:691.09 kWh/m²/yr

Accommodation

The ground floor measures c.394 sq.m (c.4,246 sq.ft) and comprises large open plan retail space with fire exit to the rear of the unit. Rear store room and back office area with staff canteen and rear fire exit. There is a loading bay to the front of the unit and eight car parking spaces in the adjoining underground car park. Homesavers are the occupiers and the retail unit is part of Homesavers Group with thirty seven outlets nationwide. The lease term is 20 years from June 2016 with a rent review on 1st day of year six and every five years thereafter.

Directions

From Wicklow Town centre continue on Abbey Street to the roundabout with Friarshill road and the property is located on the right.

Documents

Brochure