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SOLD Multi Let Mixed Use Portfolio Available Quoting €3.5m – Grimes

SOLD Multi Let Mixed Use Portfolio Available Quoting €3.5m

An excellent opportunity to acquire mixed use portfolio providing 27 town centre apartments & 5 retail units
Asking Price €3,500,000 reflecting a running yield of 7.61% and reversionary yield of 10.78% after standard acquisition costs
Total current rent is €289,400pa with a combined residential and retail ERV of €412,920pa
Located adjacent to Navan Town Shopping Centre with annual footfall in the region of 6 million
Car Parking will be provided by way of licence agreement, with one space allocated per unit, in the adjoining Navan Town Centre Green Car Park
Full details available on data site www.abbeyroadportfolio.ie
Contact: Siobhan O’Sullivan siobhan@grimes.ie or Paul G Grimes paul@grimes.ie I +353 (0)1 8350 392