15, 16, 17/18 Salthouse Lane, Ennis, Co. Clare


For Sale



103 sq.m.



** SUPERB INVESTMENT ** COMPRISING TWO GROUND FLOOR RETAIL UNIT AND A TWO STOREY APARTMENT. ANNUAL RENT31,6000 PA. Location: Nos. 15, 16 & 17 Salthouse Lane comprises a high profile block located just 55 m south west of O’Connell Square, Ennis Town Centre. Some of the high profile retailers in the area include Lifestyle Sports, Patrick Bourke Menswear, Photoworld, O’Mahony’s Book Shop etc. There are excellent parking facilities close to the unit. ENNIS Ennis is the principle town in County Clare with a population of 24,253 people. Ennis is strategically located in the Midwest region, approximately 36 km north of Limerick City, 60 km south of Galway City and 18 km north of Shannon International Airport. The M18 Limerick/Dublin/Galway motorway has increased accessibility to all routes and the desirability of Ennis as a residential base. Description: The investment comprises two ground floor retail units together with an apartment. No. 15, comprises a two bedroom apartment with private entrance, located above No. 16. No. 16 comprises a ground floor retail unit of 26 sq. mtrs. (280 sq. ft). It boast a dual street frontage of 6 m to Parnell Street and Salthouse Lane. No.’s 17 & 18 comprises two interconnecting single storey retail units of with a commanding street frontage of approximately 19 metres onto Salthouse Lane and approximately 3 metres onto Parnell Street Car Park. The unit extends to 77 sq. mtrs. (877 sq. ft.). Lease Details: 15 Residential Lease 8,400 p.a. One year from 31.03.17 16 Commercial Lease 7,800 p.a. plus VAT p.a.10 years from 1st June, 2016 17/18 Commercial Lease at 16,000 plus VAT p.a. 5 years from September 2013 The rent for the four units combined is 31,600 per annum (Exclusive of VAT) Key Features: Outstanding location in Ennis Town Centre Modern buildings Excellent rents Three separate lettings An opportunity not to be missed Rental income 31,600 per annum (Exclusive of VAT) BER Details: The BER range is from C2-E2 (BER Certificates available on request) Asking Price: 320,000 (plus VAT, if applicable)


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