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Investment property 13% yield at Glenfin Street, Ballybofey, Donegal

3 Bedroom Mixed Use Contract Deposit Applies
Starting Price* 115,000

Bidding available from
03rd September 2020 15:00
until
03rd September 2020 15:30

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  • Overview
  • Particulars
  • Request Details
  • Agent Details
  • Deposit & Charges Explained

Property Overview

IAM Sold Property Auctions in partnership with Henry Kee & Son Auctioneers

Offered at bids over €115,000

An excellent investment property comprising of ground floor commercial unit of approx. 925 sq ft with 2 apartments on the first floor.

The commercial unit features extensive street frontage, parking to rear and is located a short distance from the town centre making it ideal for a wide number of uses.

The first floor apartments have independent access to the rear of the property and have recently been renovated. Both apartments, 1 of which contains 2 bedrooms and the other contains 1 bedroom, are presented in first class order and are ready for immediate occupation. Enquiries welcome.

BER Ratings:
Commercial Unit - BER D2 / BER no.: 800203747
1 Bed Apartment – BER G / BER no.: 107847527
2 Bed Apartment – BER F / BER no.: 107845802

TO VIEW OR MAKE A BID - Contact Henry Kee & Son Auctioneers on 074 9131050 555 or IAM Sold Property Auctions, www.leinsterpropertyauction.ie, 01 687 5040

Starting Bid and Reserve Price

*Please note all properties are subject to a starting bids price and an undisclosed reserve. Both the starting bid and reserve price may be subject to change. Terms and conditions apply to the auction, which is powered by IAM Sold Property Auctions.

VAT is applicable on the purchase price for this property.

Auctioneer's Comments

This property is offered for sale by unconditional auction. The successful bidder is required to pay a 10% deposit and contracts are signed immediately on acceptance of a bid. The buyer will be granted 28 days from the date of exchange to complete the purchase. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale.

Building Energy Rating (BERs)

Building Energy Ratings (BERs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an BER. BERs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.

GROUND FLOOR COMMERCIAL UNIT

Retail Unit with street Frontage, formerly cafe:
22'x 18'9''

Kitchen:
13'2'' x 6'10''

Food Prep & Storage Area: 1
3'2'' x'13'

Food Prep & Storage Area:
7'9''x 5'10'' WC: 7'9'' x 2'6''

Wash Room:
13'7'' x 7'

Store Room:
13'7'' x 12'3''

FIRST FLOOR

2 BEDROOM APARTMENT
Open plan Living/Dining/Kitchen:
15'2'' X 10'7''
Large window to front overlooking Glenfinn Street. Laminate timber floor in living area and tiled floor in Kitchen area. High & Low kitchen units, new electric oven, electric hob, washing machine & fridge - all included.

Bedroom 1:
10'11'' x 9'9''
Laminate timber floor / Large window to front

Bedroom 2:
8'4'' x 7'6''
Laminate timber floor / Window to rear

Shower Room:
6'3'' x 4'8''
White WC & WHB, Shower unit

1 BEDROOM APARTMENT
Open plan Living/Dining/ Kitchen area:
14'4'' x 13'2''
Large window to rear overlooking rear yard / Laminate timber floor in living area and tiled floor in Kitchen area. High & Low kitchen units, electric jhob & oven, washing machine & fridge - all included.

Bedroom:
13'2'' x 7'9''
Laminate timber floor

Ensuite:
4'8'' x 4'0''
White WC & WHB, shower unit

Request full details for this property

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Henry Kee & Son Auctioneers

Local Branch: Main Street, Ballybofey, DONE GAL
Head Office: Main Street, Ballybofey, DONE GAL

Deposit & Charges Explained

Investment property 13% yield at Glenfin Street, Ballybofey

Online Auctions

A non-refundable contract deposit of 10% (minimum deposit of €6,500.00) is required to be paid by the successful bidder for this property.

The minimum deposit amount noted above is required to be pre-authorised from the bidders debit or credit card through the payment facilities on the auction website when registering to bid. A bidder has also the option of transferring the minimum deposit amount by bank transfer to iamsold's client account to authorise them to bid on the Online Auction (please note, this option may take several days).

The pre-authorisation amount will only be captured from the successful bidder on acceptance of their bid. This will form part of the non-refundable part payment contract deposit.

Any balance of the full contract deposit must be paid by the successful bidder to iamsold within 48 hours of acceptance of their bid. The deposit balance can be paid by bank draft (made out to iamsold), same day bank transfer to iamsold's client account or by debit card.

All unsuccessful bidders will have their pre-authorisations released immediately OR their bank transfer refunded within 5 working days of conclusion of an auction or withdrawal of the Lot from the Online Auction.

Bidders are required to pay a non-refundable €50.00 (including 23% VAT) registration fee per property they register to bid on.

Public Auction Event

A 10% non refundable contract deposit (minimum deposit of €6,500.00) is payable immediately on the fall of the hammer for a successful bid. The deposit must be paid in cleared funds either by Bank Draft (made out to iamsold) or by Debit Card.

 

Need More Information?

For further information or to speak to one of our team, please call 01 687 5040.

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection, measurement or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. Properties may be sold via online auction or public auction and bids made prior to public auction may be accepted by the vendors. IAM Sold and our partner auctioneer will share relevant personal information and transactional updates with each other so that we can effectively market and sell properties including the arrangement of viewings and follow up.

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