For Sale by Private Treaty (Tenants not affected)

Fantastic Investment Opportunity Bank of Ireland, Main Street, , Co. Offaly Bank of Ireland, Main Street, Edenderry, Co. Offaly

Executive Summary l Current passing rent of €61,372 per annum. l 16 years unexpired lease term. l Prominent two storey corner property. l Approximately 308.91 sq.m (Net Internal Area). l Current tenant Bank of Ireland no affected.

Location Edenderry is the second most populous town in County Offaly with a population of 5,403 (Census 2006). The population is set to grow to over 9,000 as a result of government policy. Edenderry is approximately 63 km west of and is accessed principally via the N4/M4 and R402. Like many large towns in , Edenderry has become a commuter town from Dublin. The property is located on the southern side of the main street in Bank of Ireland the centre of the town in the main commercial hub. Nearly occupiers include Tesco, AIB, Permanent TSB, An Post and Boyle Sports Bookmakers. In addition, the new shopping centre off Main Street has recently added Dunnes Stores as its anchor tenant. Description The property comprises a mid-terraced three storey period building with a single flat roof extension to the rear. The building is a brick/masonry wall construction with brick elevations under a pitched tiled roof. Internally the ground floor compries the bank branch with ancillary office space to the rear, while the upper floors are currently in use as offices and storage space. There is a small rear yard which can be accessed through the building.

Accommodation

Floor Floor Area Description

Ground 98.55 sq.m 1,422 sq.ft Banking Hall

Ground 47.10 sq.m 507 sq.ft Offices

First 85.29 sq.m 1,115 sq.ft Offices

Second (Attic) 77.98 sq.m 274 sq.ft Offices

Total 308.91 sq.m 3,325 sq.ft

*All intending purchasers will need to satisfy themselves as to the exact correctness of the measurements provided.

Tenancy BER Rating The subject property is let to the Governor & The property is listed as a ‘Protected Structure’ and Company of the Bank of Ireland on a 25 year full is therefore BER exempt. repairing and insuring (FRI) lease from 01st July 2007 at a current rent of €61,372 per annum. The Rates lease is subject to five yearly upward only rent The rates payable for 2016 are €xxx per annum. reviews. (Tenant Responsible). Rates Multiplier for 2016 is €165.07. Planning The subject property is zoned Town Centre in the Edenderry Local Area Plan 2011–2017. Tenure We understand the property is held freehold and unencumbered. Price Upon request from the sole selling agents.

Bank of Ireland GRANARY COURT

JKL STREET

FATHER KEARNS STREET

Contact Details Murphy Mulhall, 3rd Floor, Garryard House, Earlsfort Terrace, Dublin 2.

Brian Gaffney T: +353 (0) 1 531 1032 E: [email protected]

Robert Murphy T: +353 (0) 1 531 1042 E: [email protected] w: murphymulhall.ie

Disclaimer

These particulars are issued by Murphy Mulhall on the understanding that any negotiations relating to the property are conducted through them. While every care is taken in preparing them for themselves, Murphy Mulhall and for the vendor/lessor whose agents they are given notice that (i) The particulars are set out as a general outline for guiding potential purchasers/tenants and do not constitute any part of an offer or contract. (ii) Any representation including descriptions, dimensions, references to condition, permissions or licenses for uses or occupation, access and any other details are given in good faith and are believed to be correct, but any intending purchasers or tenant should not rely on them as statements or representations of fact but must satisfy themselves (at their own expense) as to their correctness. (iii) Murphy Mulhall nor any of their employees have any authority to make or give any representation or warranty in relation to the property. PSRA LICENCE NUMBER: 002341