Main Street, Johnstownbridge, Kildare

Bed Investment Property €395,000

Description

Superb investment Opportunity (tenants not affected)

The property is situated in the centre of Johnstownbridge village, which is located in the northern part of County Kildare close to its border with Co Meath at Enfield. Johnstownbridge has a good range of local services including convenience store, service station, primary school, church and a small hotel. It is about 1.5 kms from Enfield which has a wider range of services as well as excellent public transport links to the city with both bus & rail services available.

The closest motorway junction is the M4 Dublin to Sligo/Galway Junction 9 Enfield which is about 1 km from the village, with Dublin being about 40 kms to the east. The larger towns of Edenderry, Mullingar & Maynooth are each less than 30 mins from Johnstownbridge.

Features

Superb investment property (Tenants not affected)
Modern purpose built commercial property c251 sq.m (2,700 sq.ft)
Currently producing annual income of €36,000 (ex VAT)
Excellent tenant mix
Great location fronting onto Main Street

Accommodation

The property comprises of a mixed use development, built in approximately 2006, extending to about 251 sq.m/2,700 sq.ft arranged over 2 floors, and comprising of 3 ground floor ‘own door’ retail units and 2 overhead ‘own door’ 1 bedroom apartments, both approached by their own external staircase at each end of the property. The property is of modern traditional masonry construction with a pitched slate roof, and private car parking to the rear, with on-street parking also available. The front elevations are a mixture of stone cladding & large display window frontages on the ground floor with a smooth plastered first floor.

Shop No 3 Ground floor 42 sq.m Hair salon €7,200 p.a. In occupation since 2013
Shop No 2 Ground floor 52 sq.m Accountant €7,200 p.a. 4 yr 9 mth lease from 01.09.2018
Shop No 1 Ground floor 42 sq.m Office use €7,200 p.a. 4 yr 9 mth lease from 01.12.2018
Apt No 1 First floor 57 sq,m Apartment €7,200 p.a.  
Apt No 2 First floor 57 sq.m Apartment €7,200 p.a.  
    Total €36,000 p.a.  

Note; We understand that planning permission was originally granted for office units at first floor level, with no change of planning sought for the first floor residential use.

Edward Carey Property

  • Innfield House, Enfield, Co. Meath
  • Phone: 046 954 1064
  • PSRA:PSR: 001731

Contact

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