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16 Briarhill Business Park, Ballybrit, Co. Galway

€ 800,000 Investment Property
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Property Overview:

Date Entered/Renewed: 23-08-2019 ( 0 day ago )
Daft Property Shortcode:

Property Description:

BV Commercial Real Estate Advisors are delighted to present to the market this excellent investment opportunity in the highly sought after Briarhill Business Park.

The subject property comprises circa 8,000 square feet of office space laid out over two floors, The ground floor is a retail unit currently let to Snap Printing on a 10 year lease from July 2013 with an annual rent of 42,000 per annum. The first floor is an office space currently let to Everyday Finance on a 10 year lease from July 2018 with an annual rent of 40,000. A copy of the letting agreements are available upon request.

This property offers the prospect of acquiring an investment property with a strong return. Current rental income of 82,000 per annum which represents a Gross yield of 10.25% per annum based on a

Features in the property include High level of natural light, Storage Heating, Suspended Ceilings, Raised Access Flooring, Reception Area, Coded Door Entrance, Fitted Kitchen, Comms Room

The property is fitted out to a high standard and is located in a prime visual location facing the N6 dual carriage way and opposite the Clayton Hotel. Situated in an ideal location and offering superb value, this is an opportunity not to be missed.

Viewing is highly recommended and available by appointment.
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