Project Spice | Retail Investment | Aukció
LOCATION
The subject asset is located within Wexford Retail Park, County Wexford. It has strong transport links with easy access to the N25 and is situated only 3km from Wexford town centre. Some of the neighbouring retailers within the Retail Park include Woodies, Aldi and Petmania.
ASSET OVERVIEW
The subject asset extends to 297 sq m (3,197 sq ft) across ground floor. This also includes a drive thru and ample customer car parking. The property was constructed in c. 2006.
The property is held on a Long Leasehold for a term of 999 years from October 2004.
LEASE OVERVIEW
The property is currently let on a 20-year lease from 28/11/2016 at a passing rent of €44,439.24 per annum. There is an upcoming rent review on 28/11/2026, with a fixed rental uplift to €50,279 per annum.
ACCOMMODATION
Ground Floor | Total |
---|---|
297 sq m (3,196 sq ft) | 297 sq m (3,196 sq ft) |
*All prospective purchasers are specifically advised to satisfy themselves as to the accuracy of any measurements, tenancy information and site areas referred to herein, and undertake their own due diligence.
BER RATING
BER : C3