FOR SALE BY PRIVATE TREATY Bank Of Ireland. High Street, Westport, Co Mayo
671.36 sq m (7,226 sq ft)
Property Highlights Contact • Located in a prominent position in Westport Town Centre Sean Coyne • Modern Three story retail banking property extending to Email: [email protected] approximately 671.36 sq m (7,226sq ft) Tel: 091-569181 • Long term Bank of Ireland income (over 15 years unexpired) Patricia Staunton offering AAA covenant strength Email: [email protected] • Let to The Governor & Company of the Bank of Ireland on a Tel: 091-569181 long lease at a current passing rent of €219,480 per annum • For Sale By Private Treaty Cushman & Wakefield 2 Dockgate, Dock Road, • Tenant not affected Galway Ireland Tel: 091-569181
cushmanwakefield.ie Bank Of Ireland. High Street, Westport, Co Mayo
The Location The property has been very well maintained both internally and externally with the interior fit-out Westport is County Mayo’s premier tourist refurbished in the past number of years. destination, with the tourism, leisure and service sectors being the largest form of employment. Access to the property is via a public entrance from High Street, there is also a staff only entrance Bridge Street, Shop Street, High Street and James to the building. Street are the main commercial thoroughfares in the town, which together with the Octagon, accommodate the majority of Westport’s retailers Accommodation and a number of licenced premises. Floor Sq m Sq ft The subject property is situated in a high profile position on High Street overlooking the Clock Ground Floor 340 3,659 Tower junction. The neighbouring properties are First Floor 165.68 1,783 primarily commercial in nature and include The Second Floor 165.68 1783 Clock Tower Bar; Doherty’s Pharmacy. Total 671.36 7,226
Description Tenancy (tenant not affected) The property comprises of a modern mid terraced The entire property is let to The Governor & property extending over ground, first & second Company of the Bank of Ireland on a 25 year lease floor. The entire building extends to 671.36 sq m from 28th August 2007 incorporating 5 yearly (7,226 sq ft). rent reviews. The current passing rent is €219,480 per annum with future rent reviews based on an Internally the property benefits from an excellent upward only basis.A 2013 deed of variation to the level of fit out. The ground floor offers open-plan original lease removed a break option contained in retail banking floor space, cellular office units, a the lease. cashier desk and ancillary space. The first floor provides for further accommodation to include a *Tenant not affected staff room, w c facilities and additional open plan office space. The second floor is used as storage and currently is not fitted out. Title We understand the property is held Freehold Solicitors for Carriage of Sale Mr. Ross Little, DWF Solicitors, 5 Georges Dock, IFSC, Dublin 1
VAT Further information on request
BER details BER C1 Ber No. 800547879 Energy Performance Indicator: 442.5 kWh/m²/yr
Viewing By appointment through the sole agents Contact Sean Coyne Email: [email protected] Tel: 091-569181 Patricia Staunton Email: [email protected] Tel: 091-569181
Cushman & Wakefield 2 Dockgate, Dock Road, Galway Ireland Tel: 091-569181 Email: [email protected] cushmanwakefield.ie
Conditions to be noted: A full copy of our general brochure conditions can be viewed on our website at http://www.sherryfitz.ie/terms or can be requested from your local Cushman & Wakefield office. We strongly recommend that you familiarise yourself with these general conditions. PSRA Registration Number: 002222.