No. 30 South Main Street, Wexford

• P.O.A
• 175 M²
• File No. b244
• BER No. 800290199
• Performance 412.62 kWh/m²/yr

(Tenants Not Affected)

• An ideal opportunity to acquire an excellent investment in Wexford Town Centre.
• Fully let and currently producing €20,000 per annum with a rent review due Q3, 2024.
• Situated at South Main Street, close to the junction between South Main Street and Anne Street with adjoining occupiers including; McCauley, Boots, Villa, Rituals, Trespass, Dealz, Penneys, etc.
• An excellent retail unit, ground floor extending to c. 70 sq.m. / 753 sq.ft, presented in good order with side access – very beneficial for deliveries.
• The entire building is let on a 10 year lease from September 2019.
• This is a prime retailing pitch onto the busiest section of Wexford’s Main Street.

LOCATION:

Situated in a prime retailing pitch, No. 30 South Main Street enjoys an excellent location.  It is positioned adjacent to Keysers Lane, with extensive frontage onto Wexford’s Main Street and also a side access and delivers to Keyser’s Lane with ease of access to the public car park to the rear.  Adjoining occupiers include; Sports Direct, Dealz, Trespass, Fitzgeralds, Rituals, Claires,  Penneys, Boots, etc.  Wexford Town is a bustling commercial town with a fine mix of national, multi-national and indigenous retailers.

GENERAL DESCRIPTION

The entire building is let on a 10 year lease from September 2019. This investment is currently producing €20,000 per annum with a rent review due in Q3, 2024. The subject property comprises an end of terrace building with retail at ground floor and three floors of overhead accommodation.  The retail unit extends to c. 70 sq.m. / 753 sq.ft.  It is presented in very good order with large display windows and suspended ceiling.  Accommodation is as follows:

ACCOMMODATION

Ground Floor

Retail Unit            c. 70 sq.m. (c. 753 sq.ft.)

First Floor

Store 1                  3.21m x 4.66m

Store 2                  4.27m x 5.96m

Kitchen

Floor Area:          c. 45 sqm. (484 sq.ft.)

Second Floor

Office 1                 4.67m x 3.12m

Office 2                 4.48m x 2.9m

Staff W.C & W.H.B.

Floor Area:          c. 30 sqm. (323 sq.ft.)

Third floor

Store 3                  6.0m x 2.7m

Store 4                  4m (ave) x 3.29m

Floor Area:          c. 30 sqm. (323 sq.ft.)

LOCAL AUTHORITY RATES

We are given to understand that the annual rates figure is €4,397. The RV of the property is 17380 and the VO Property number is 2101606. The tenant is responsible for the payment of rates.