1 And, 2 Watergate Street, Navan

Asking price €400,000

Business For Sale

Asking price €400,000

Business For Sale

Price Asking price €400,000
Style Business
Status For sale

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Quillsen (Navan)

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Additional Information

Additional Information

****TENANTS NOT AFFECTED****

***Physical viewings are available on this property in accordance with Level 5 guidelines. Contact us today to arrange a viewing***

Quillsen are delighted to present to the Open Market a prime multi-unit investment opportunity Units 1 & 2 Watergate Street are ground floor commercial units with tenants in situ together with three residential apartments over first & second floors. The subject property is surrounded by many successful businesses and is situated in the heart of Navan town centre. The property comprises of a three storey mid-terrace property with stone exterior front elevation and enjoys pedestrian access to the rear. The property has currently two apartments over the first and second floors as well as a number of vacant rooms which has the potential for a third apartment. Whilst the units appear to be in good condition the apartments would benefit from minor refurbishment to enhance them to modern day living standards.
The total internal floor area extends to approx. 411 sq.m

Navan boasts all the facilities and amenities that one would expect in a vibrant town to including an array of schools and shopping outlets including almost all of the national retailers. It is linked to Dublin via the N2 and the M3 Motorway. Bus Eireann run an excellent commuter service from the town to Dublin City Centre.

Present Annual Rental Income: €30,000
Superb investment opportunity
Pedestrian access to the rear
High profile location
Some vacant rooms
Needs work to realise its full potential

This substantial property fronts directly on to Watergate Street and benefits from pedestrian access to the rear.

These premises are located on the left hand side of Watergate Street, a one way street in the town centre. An excellent catchment area, amongst such a high density commercial neighbourhood.

To arrange a viewing of this property, simply call or text our negotiator handling this sale, Eamonn Shields on 087-9181397

Unit 1
Unit 1: c.82 sq.m Tenant: Hansel & Gretel Bakery Ltd, Rent: €12,000 per annum
Unit 2
Unit 2: c.180 sq.m Tenant: Hayri Kara t/a ISTANBLUE Rent: €18,000 per annum (includes 1 bed apartment on 1st Floor)
Barber Shop
Barber Shop: c.27 sq.m Currently Vacant

Wc: wc & whb (x2)
Apartment No.1
Apartment No.1: c.26 sq.m Kitchen/livingroom, bedroom, & bathroom (included in rent of Unit 2)
Apartment No.2
Apartment No.2: c.37 sq.m Currently Vacant: Kitchen/livingroom, bedroom & bathroom
Potential Rent: €8,400 per annum
Vacant Room
Vacant Room: c.24 sq.m L shaped

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Property Statistics

Total Views

(since advertised)

248

Listing Views

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