31 Grattan Square, 1-3 O'Connell Street, Dungarvan, Co Waterford

Location

The subject unit occupies a high profile position on Grattan Square with its junction to O’Connell Street in the heart of Dungarvan, Co. Waterford. Dungarvan is located approximately 205km south of Dublin and 75km from Cork City Centre.

The property benefits from high levels of pedestrian footfall given its exceptional location within Dungarvan's Town Centre.

Other notable retailers currently trading in Dungarvan include; Dunnes Stores, Easons, Supervalu, Gamestop, Unicare Pharmacy, Benetton and many more.

Description

The subject unit comprises four floors over basement extending to approximately 356 sq m (c. 3,832 sq ft).  The property is regular in shape and has return frontage onto O’Connell Street.  The unit benefits from an extensive shop-fit and would be suitable for a variety of uses, subject to the necessary planning permissions.

Lease

The unit is held under a 20 year FRI lease from 1st November 2006, subject to 5 yearly rent reviews. There is a tenant break option at year fifteen, subject to giving 9 months written notice in advance.

Accommodation

The approximate net internal floor areas are as follows:

The above areas are subject to a final joint measurement.

Rent

€95,000 per annum

Rates

We understand that the annual rates for the property will be €8,240.

Service Charge

€4,000 per annum (Sept 2008 - 31st August 2009)