Landmark stone building of c. 130 m². Leased to the HSE (health service executive) producing rental income of €20,000 per annum.
Situated at the rear of the Market Square in Longford Town Centre. The property fronts out onto the old harbour area of the town, which is now a landscaped public carpark this offers this building great profile. The surrounding uses are a combination of commercial use and residential apartments.
The building contains 6 offices with a small toilet and canteen area. With additional storage in the basement, which could be used for further accommodation, if refurbished.
To the rear and accessed along the side of the building there is tarmac car parking area with 10 spaces marked out. There is also an additional plot of ground suitable for future development.
The property was previously subdivided with three different tenants.
TENNANCY:
The property is leased to the HSE (Health Service Executive) from the 27th January 2021 for 18 months with the option to extend.
The present rent is €20,000 per annum payable quarterly in advance with a rent review after the first two years. There is no VAT payable on the rent.
The tenants will be unaffected by the sale.
SERVICES:
Mains water & Sewerage, electricity with separate metering (if subdividing office space). Electric storage heating. Telephone lines to each office. Good broadband.
Eircode: N39 N2N2
GPS: 53.725, -7.800