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Captains Hill,Leixlip, Co. Kildare - Commercial Investment

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Listing Description

High profile commercial property investment with a secure, long-term lease to Bank of Ireland Plc. Located in the heart of the Leixlip on Captains Hill, close to its junction with the Main Street.

Property Description

The property comprises an end of terrace, two storey building with
a total net internal floor area of approx. 232 sq.m.(2,500 sq.ft.). Internally the ground floor comprises a banking hall with cellular offices and a strong room. At first floor level there are toilet and canteen facilities and some cellular offices. Access to the ground floor is directly from Captians Hill. The first floor is accessed via an internal staircase however there is also a fire stairs to the rear of the premises.

The premises is currently utilised as a bank premises.


Tenancy

The entire property is leased to The Governor & Company of the Bank of Ireland on a 20 year Full Repairing & Insuring lease from the 12th January 2004 incorporating 5 yearly upward only rent reviews. The rent from 1st September 2013 until 31st August 2015 is €40,000 per annum and returns to €80,000 per annum for the remainder of the lease.

For the avoidance of doubt please note that this is a property investment sale and the tenant is not affected.

Town Planning

We understand the property is positioned in area zoned objective A ".5Town Centre".5 under the Leixlip Local Area Plan 2010.


Services

We understand that all mains services such as water, electricity and drainage are available and connected to the subject property.

The building is fitted throughout with mains wiring, fire and smoke detection system giving a high level of fire detection. There is an intruder alarm system installed.

Title

We understand the property is held long leasehold.


Viewings

All viewings are strictly by appointment through the sole selling agent.



Soles Selling Agent

Will Coonan

REA Coonan,
Property House,
Main Street,
Maynooth,
Co. Kildare.

Tel: 01 6286128
Email: info@coonan.com
Web: www.coonan.com


Lease Details

A copy of the Lease and Deed of Variation is available on request from the selling agents.

Captain's Hill, Leixlip, Co. Kildare, W23 P294, Ireland

53.3644676
-6.48817968

Enquiries

If you would like to make an enquiry in relation to this property please complete the form below and a member of our team will respond.