auction mall road monaghan, Monaghan

Property details:

For sale by Monaghan Property Sales via the iamsold Bidding Platform Please note this property will be offered by online auction (unless sold prior). For auction date and time please visit iamsold.ie. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment. The property offers an excellent immediate return and is currently rented €60,800pa giving a gross yield of €15.2% pa. The tenants have been in place since 2006 and the lease expired in 2016 with the tenants remained in place since then. We are delighted to welcome to the market a modern, detached retail /commercial building constructed c.2005. The property occupies a prominent roadside site (c.460m2) along the Mall Road in Monaghan Town. Modern, detached Retail Unit (c.460m2), over two floors. Car parking/small forecourt onto Mall Road, with c.90m2 of unused external space, overlooking Ulster Canal & Greenway walkway. Presently occupied by established & successful business. Prominently located along the Mall road in Monaghan town, opposite Monaghan Shopping Centre. Construction: The building is steel portal frame design, with dwarf block cavity wall c.2.7m and Kingspan insulated profile walling and insulated profile decking with opaque lights. Property in brief: Ground Floor (c.360m2/3875ft2): First Floor (100m2/1070ft2): Services: All services are provided, to the site, including water, electric and drainage. Heating system is gas fired. Tenure: The property is freehold. BER B3 / BER No. 800816266 TO VIEW OR MAKE A BID Contact Monaghan Property Sales 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.