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AIB, 31 Castle Street, Cahir, Co Tipperary

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AIB, 31 Castle Street, Cahir, Co Tipperary FOR SALE BY PRIVATE TREATY AIB, 31 Castle Street, Cahir, Co Tipperary AIB, 31 Castle Street, Cahir, Co Tipperary 675.06 sq m (7,266 sq ft) Property Highlights Contact • Excellent Investment opportunity with over 10 years unexpired Johnny Hanrahan to an AIB subsidiary (Marro Properties Ltd) which is Email: [email protected] guaranteed by AIB plc. (Tenant not affected) Tel: +353 1 639 9215 • The current passing rent is €64,600 per annum with rent Ciara McCarthy reviews on an upward only basis. Email: [email protected] Tel: +353 61 418 000 • The subject property comprises a three storey over basement retail bank premises with landscaped gardens to the rear. Cushman & Wakefield • Well located in Cahir over-looking Cahir Castle towards the 164 Shelbourne Road south of the Main Street occupying a large site extending to Ballsbridge, Dublin 4 approximately 0.23 ha (0.57 acres). Ireland Tel: +353 1 6399300 BER: Exempt cushmanwakefield.ie Location Schedule of Accommodation The subject property is located on Castle Street, Description sq m sq ft Cahir, Co Tipperary. Cahir is a famous heritage Basement 163.90 1,764 town located at the junction of the M8 Dublin Ground Floor 211.26 2,274 to Cork Motorway and the N24 Limerick to Waterford Road. 1st Floor 211.26 2,274 Cahir is situated approximately 84km to the north 2nd Floor 88.64 954 east of Cork, 22 km to the south east of Tipperary Total 675.06 7,266 town and 184 km south west of Dublin. The property is located in a prime position in the town over-looking Cahir Castle. Title Description The property is held under a 999 year long leasehold from 19 April 2007. The subject property comprises a three storey over basement retail bank premises with landscaped gardens to the rear. The property is occupied by AIB Bank and consists of a retail bank BER details at ground floor with ancillary accommodation BER Exempt in the basement and storage areas on the first and second floors. The property is of traditional construction under a pitch roof and a render Price facade. On Application The ground floor bank accommodation comprises of plaster and painted walls, suspended ceilings with box inset florescent lighting, a mix of carpeted and vinyl floor coverings and cassette air handling units. This area consists of standard AIB fit out with the retail area to the front of offices. The basement comprises of storage areas ancillary to the bank. The upper floors are currently used for storage purposes but would have previously being utilised as a 5 bed residence by the Bank. There is access from the residence to the mature gardens located to the rear of the property. Tenancy The property is occupied by Marro Properties Limited which is a subsidiary of Allied Irish Banks p.l.c and the lease is guaranteed by Allied Irish Banks p.l.c. The property is held on a 20 year lease from 19 April 2007 and the current rent payable is €64,600 per annum with upward only rent reviews. (Tenant not Affected) Cushman & Wakefield 164 Shelbourne Road Ballsbridge, Dublin 4 Ireland Tel: +353 1 6399300 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..
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