Redmond Square Shopping Centre & 48 North Main Street, ... - Sold

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  • Investment Property

Description

Redmond Square Shopping Centre comprises 14 retail units, a cinema and adjoining car park. It occupies a prominent position in Wexford Town and benefits from excellent frontage onto one of the main arterial routes into the town.

Current rent receivable €213,731 per annum with tenants including Hidden Hearing, Vision Care, Sports Factory Outlet, Unique, National Driver Licence Service Centre and the Brian Hall O'Mahony Dental Practice.

Total floor area of the portfolio is 3,338.14 sq m (35,932 sq ft) along with 269 car spaces.

48 North Main Street also forms part of the sale which comprises a first floor office which extends to 142.62 sq m (1,535 sq ft).

We are seeking offers in excess of €2,250,000, equating to a Net Initial Yield of 9.09%, assuming standard purchasers costs of 4.46%.

BER's available upon request.

Features

Excellent Investment Opportunity
Current rent receivable €213,731 per annum
Total Floor area of 3,338.14
269 Car Spaces
Net Initial Yield of 9.09%

Documents

CW Redmond Square Wexford Brochure SP (004) FINAL.

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