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€95,000
56 sqm
Longford Shopping Centre
Office Suite 3
Longford
N39 Y889
Description
Leased to National Driver Licence Service
Rental income of c. €7,800.
This self-contained office suite is on the first-floor level of Longford Shopping centre in the heart of Longford Town. The office can be accessed directly from the centre or via the dedicated business centre entrance with elec. Sliding doors and elevator to the first-floor level. There is a total gross internal floor space of c. 56.5 Sq. meters (c. 608 Sq.Ft.)
TENNANCY:
The property is leased to SGS Ire Ltd. Who operate a service for the National Driver Licence. The original lease has been extended in line with their operating licence to February 2025. The present rent is €550 per month plus rates, insurance and service charges. The rent has been revised to €650 per month €7,800 effective from the 1st October 2019. There is no VAT payable on the rent.
The tenants will be unaffected by the sale.
RATES:
RV of €3,460 at Longford Council multiplier of 0.241
= €833.86 for the year 2022.
SERVICE CHARGE:
€1,114 incl vat per annum (2023) Paid Quarterly
INSURANCE:
€506.66 (2023)
Features
Rental income of c. €7,800. p.a
BER Information
BER Number: 800696973
Energy Performance Indicator: 927.34
About the Area
Longford (Irish: an Longfort) is an historical town with a population of 9,601 (2011 census). It lies at the meeting of the N4 and the N5 primary routes. Longford is a local commercial centre with many retail outlets, as well as several leisure facilities. Longford town has a number of primary schools, secondary schools, and an extensive adult education centre.
Longford is about 91 km from Sligo and 122 km from Dublin, and is served by Sligo-Dublin intercity train services. Journeys to Dublin by rail generally take less than two hours. There are also a large number of bus services to Dublin and other towns. Third level colleges are well served by the private companies during the academic year.
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