Mid Terrace Commercial Unit
Superb investment opportunity to acquire a mid terrace office building in Kells Business Park let to the Health Service Executive Ltd.
The unit extends to 6,710 sq ft and has recently been extensively refurbished. The Health Service Executive have leased the property for a 10 year lease providing an annual rent of €67,810 per annum. The tenant also pay an additional €43,016 per annum as a contribution to the fit out works.
The property is located in Kells Business Park, is an established commercial area located 3km from the M3 and occupiers include An Post, NCT Test Centre, Meath Partnership, Iona College and Kells Hire.
The entire is for sale guiding €1.4m reflecting an attractive secure yield of 7.2%.
Further details are available upon request.
- Floor Area is 6,710 sqft