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Dublin Road Nenagh, County Tipperary

Price €700,000
  • Bathrooms 3
  • Size 1,195 m²
  • Ber Rating BER
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Description

Location
Spar Express/ Top Part occupies a prominent high profile location on the Dublin road in the busy town of Nenagh. This property benefits from an excellent flow of traffic on a daily basis and is located a short walk from the town centre and a number of residential developments. Situated in close proximity to numerous employment, economic and leisure facilities for example Abbey Court Hotel, Nenagh Leisure Centre and CBS Secondary School. Local industries include LMC, Carey Glass, Abbey Machinery and Arrabawn. Nenagh is a strong provincial town in North Tipperary with an urban population of approximately 8,679.

Property Overview
The property comprises of a modern filling station, motor factors, three workshops and accompanying facilities on a site area of 0.97 acres (0.39 hectares) with the commercial building extending to a gross internal area of approximately 1,195 sq.m , car wash area, petrol forecourt with two double sided petrol pump terminals and canopy.
The retail shop building provides a general shop area, delicatessen counter with sit down area, coffee station and staff area to rear including cold room store, wash room, bakery and customer W.C. The first floor comprises of 3 store rooms, a large office space and staff W.C.
Motor factors (Top Part) comprises of the front retail shop area, large storage area with a roller door 3.06m high x 2.41m width , canteen area, two offices, staff W.C. and an upstairs mezzanine.
The large workshop is 21.75m x 9.58m and has a roller door measuring 4.1m high x 3.64m width. The second workshop is 12m x 8.52m and also has a roller door 4.1m high x 3.59m width. The third workshop is 14.46m x 8.5m has a roller door 4.18m high x 3.55m width and comes with a large fuel yard and shed.

Lease Details
We understand that the petrol station and shop are let on a lease of 10 years from 2015 at a current rent of €36,000 per annum. We further understand that the Top Part shop was let on a now expired lease at a current rolling rent of €25,000 and the new owner can renew the lease on completion of the sale. The current passing rent is €61,000 pa and there are also two further vacant units which if rented would increase to rental income even further. More lease details are available on request.



Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Explore Tipperary Tipperary is best known for being the birthplace of GAA, Bulmer's cider and the famous war song 'It's a Long Way to Tipperary' written by Britain's Henry James Williams. The county was established in the 13th century after the Normans invaded Ireland and there is much evidence of the invaders s... Explore Tipperary
PSRA Licence No: 001790

Get in touch

Use the form below to get in touch with REA Eoin Dillon (Nenagh) or call them on (067) 33468

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For Sale