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091 564 212

COMMERCIAL SALES

over 35 years of business experience

24 William Street, City Centre, Galway City
€1,200,000 EXEMPT

Investment Property 124.3 m² / 1338 ft² For Sale

Description

FOR SALE - 24 WILLIAM STREET, GALWAY CITY

GILT EDGE INVESTMENT OPPORTUNITY

TENANTS NOT AFFECTED

O'Donnellan and Joyce are delighted to offer for sale a high profile commercial investment unit located in the heart of Galway City at No. 24 William Street.

This is a unique opportunity to acquire a gilt edged investment located on one of the West of Irelands most iconic retail streets. A solid investment with excellent tenants in situ on a long term lease.

The subject property occupies a high profile position on William Street, a busy retail thoroughfare which links to Eyre Square and Shop Street, Galway’s well known and primary retail destination. William Street is a bustling area and is predominantly a commercial location with a mixture of retail, office and leisure businesses.

The area is pedestrianised and benefits from significant footfall throughout the day and night, as the building is situated in the very heart of Galway City itself. Some of the high profile occupiers in the vicinity include Brown Thomas, Skechers, and The Edwards Square with access to the popular Eyre Square shopping centre.

No 24 William Street benefits from prominent frontage onto William Street and is comprised of a self contained 3 storey building extending to approximately 124.3 sq. m. The ground floor comprises of an open plan retail area presented to a high standard with overhead storage accommodation situated on the 1st, 2nd and attic floors.

For further details please contact Colm O'Donnellan or Shane McDonagh on 091 564212.

Features

Tenant is NOT affected by the sale
Excellent tenants on a long term lease
Located in the heart of Galway’s core retail area
Prominent road frontage onto main shopping thoroughfare
Gilt edged investment opportunity
Superb high-profile city centre location.
Suitable for a variety of commercial uses
NIY: 6.6%

LEASE TERMS
15-year lease from November 2011 with 5 yearly rent reviews
Current Rent: €80,000 per annum
Tenant: Gino’s Italian Ice-Cream Ltd

BER Details

BER: Exempt

Accommodation

Ground Floor Retail - 49.3 sq. m
First floor - 38 sq. m
Second Floor - 27 sq. m
Attic Area - 10 sq. m

Viewing Details

For Further details please contact our office on 091-564212

OFFICE OPENING HOURS
MON TO FRI 9AM TO 5:30PM

Keep up to-date with NEW PROPERTIES by registering your details on our database, please contact our office on 091-564212.

Properties can be viewed on our website www.odonnjoyce.com

NOTE: These particulars are not to be considered a formal offer. They are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract, nor to be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, neither O’Donnellan & Joyce Auctioneers nor the vendor accept any liability as to their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars. No person in the employment of O’Donnellan & Joyce Auctioneers has any authority to make or give any representation or warranty whatever in relation to this property.

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