O'DONNELLAN JOYCE AUCTION
10th NOVEMBER 2017
RESERVE PRICE GUIDE
HARBOUR HOTEL GALWAY
Although we will do our best to provide you with accurate
details, information provided is subject to errors or
In particular, we are not responsible for any alterations
or updates that the auctioneers may make to
the auction particulars after the auction.
Northern & Western Regional Assembly Building The Square Ballaghaderreen Roscommon
Enquiries for further detailed information on any
particular lot, or for further information regarding
participation in the online auction, should be
addressed to the auctioneers
DIRECTLY: O'Donnellan Joyce:
Phone 091 564 212
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Address: Northern & Western Regional Assembly Building The Square Ballaghaderreen Roscommon
Minimum Reserve Price: € AMV: 680 000
Details: Investment Property 927 sq. mts./ 9978 sq. ft. Opportunity to acquire one of the finest commercial buildings in Co. Roscommon. Standing on a high profile site on the main street in Ballaghaderreen. The building comprises of four commercial units with 2 one bed apartments overhead. Completed to the highest of standards throughout this modern building will provide a high yield (approx. 18%) with excellent growth potential. The details of this investment opportunity are as follows: - Border Midland & Western Regional Assembly - Ground and first floor office and conference centre let on a 25 year lease from 2001 at 85 310 per annum ? Currently renting at 79 228 per annum. - J.P. Bookmakers - Ground floor retail unit let on a 21 year lease from 1st January 2006 at a rent of 28 000 per annum - Currently renting at 20 000 per annum. - Post Office Building - Retail unit extending to 1 060 sq.ft. approx. Let at 12 000 per annum on a 5 year lease. - Former Convenience Store - Vacant retail unit extending to 1 060 sq.ft. approx. together with 2 x apartments overhead on the first floor. - Two vacant first floor one bed apartments in good condition. Previous rental income 2 600 per annum & 3 120 per annum respectively.
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Although we will do our best to provide you with correct details, information provided is subject to errors or omissions. Specifically, we are not responsible for any alterations that O'Donnellan Joyce may make to the content provided on their website.
Enquiries for further detailed information on any particular lot should be addressed to the auctioneers DIRECTLY :
O'Donnellan Joyce (Phone 091 564 212).