16 Liffey Terrace, Newbridge

1 Bedroom Mixed UseContract Deposit Applies
This auction has ended!
   
Final Bid:
€425,000.00
  • Overview
  • Particulars
  • Agent Details
  • Deposit & Charges Explained

Property Overview

For sale by Byrne Malone Estate Agents via the iamsold Bidding Platform

€41,000 RENTAL INCOME
2 RETAIL UNITS PLUS ONE RESIDENTIAL UNIT
SUPERB INVESTMENT OPPORTUNITY***OUTSTANDING INVESTMENT RETURNS
OUTSTANDING LOCATION

With 3 sperate rental income streams this property will be one of the best commercial properties to come onto the market in the Newbridge area this year.

We are delighted to present this unique property for sale by auction. The property is located in a high-profile location beside the Riverbank Theatre on Main Street Newbridge

The building comprises of 3 units. The ground floor consists of 2 retail shop units (Unit 1 and Unit 2), with associated storage room and W.C to the rear. Upstairs contains a one bed apartment. This property wants for no further investment and is in outstanding condition.

Planning has been secured for a 1st floor extension to Unit 2 -Planning Ref No. 051730
Total Blended Yield 10% Approx

A. Apartment - 16 Liffey Terrace, Newbridge, Co. Kildare - Residential
Tenancy Term: 02/11/2020 - 01/11/2023. Gas connected.
BER: 100735406 E2

B. Unit 1 Liffey Terrace, Newbridge, Co. Kildare- Commercial
Size 30 Sq. Mtr
BER: 800218760 D1
Lease Length: 4 Years 9 Month Lease
Term left: 4 Years 1month
Current Let To Byrne Malone Estate Agents

C. Unit 2 Liffey Terrace, Newbridge, Co. Kildare-Commercial
Size 35 Sq Mtr
BER: 800218851 C3
Lease Length: 3 Years
Term left: 3 Years
Current Let To Dream Ccloud

Services To All Units: Mains Electricity and Mains Water. Gas is connected to the residential apartment.

This property is in excellent condition and each unit has been maintained and or refurbished to an excellent standard.

Location:
16 Liffey Terrace is located on Newbridge Main Street in a thriving commercial location. Located between the high-profile Riverbank Theatre, Newbridge Garda Station and town centre Car Park. Its no wonder that this high profile premises has been fully let on an ongoing basis for years now.

This fantastic investment opportunity is within 2 minutes from Whitewater shopping centre, Pennys, AIB, Bank of Ireland, TK Max and lots more

Features:
High Footfall Location
Secure Rent Roll
Excellent Condition
Strong Covenant

TO VIEW OR MAKE A BID Contact Byrne Malone Estate Agents or iamsold, www.iamsold.ie

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.

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. 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 property more energy efficient and reduce your energy costs. All properties 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 property 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 properties are measured using the same calculations, so you can compare the energy efficiency of different properties.

Property Particulars

Please contact us for more information about this property.

Byrne Malone Estate Agents

Local Branch: 16 Liffey Terrace, Newbridge, KILD ARE
Head Office: Village Square, Tallaght, DUBLIN24

Deposit & Charges Explained

16 Liffey Terrace, Newbridge, W12AW98

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.

A Bidder Security Deposit of €6,500.00 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 debit/credit card, or same day bank transfer to iamsold's client account.

All unsuccessful bidders will have their pre-authorisations released 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.

 

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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