Friary Street, Kilkenny, Co Kilkenny

Location

The property occupies an outstanding location on Friary Street off High Street which is the principal retailing pitch in Kilkenny. On-street parking is available in the immediate vicinity with a number of multi-storey car parks located nearby.

Kilkenny is located approximately 136km northeast of Cork, 120km southwest of Dublin and 48km north of Waterford. Adjoining occupiers include; Kilkenny Fish Centre, Wallace Electrical and Graham Shoes.

Description

The subject property has recently undergone an extensive refurbishment and comprises a mid terrace two storey building.  The unit benefits from a fully glazed shop front. The ground floor retail unit extends to approximately 194 sq m (c. 2,088 sq ft) with storage and office space to the rear.  The first floor comprises office and ancillary stores.

Lease

The property is held under a 20 year FRI lease from 8th November 2006, subject to 5 yearly upward only rent reviews. The lease has a tenant break option in the tenth year, subject to 6 months notice in writing.

Accommodation

The approximate net internal floor areas are as follows:

The above areas are subject to a final joint measurement.

Rent

€85,000 per annum

Rates

We understand that the annual rates (2010) for the property will be €10,394.

Service Charge

TBC