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Harbour House, Nelson Street, Clonmel, Tipperary, County Tipperary

  • Size 1,734 m²
  • Ber Rating

At a glance...

  • High profile town centre investment
  • Extending to approx 1734 sq.m/18,668 sq.ft over ground first & second floor.
  • 25 Basement car park spacing
  • Attractive stone building fitted to provide office accommodation at ground, first & second floor levels
  • Unexpired lease term of 6 years & 8 months from Feb 2020. Passing Rent, €134,900 per annum (fixed for the full term)
  • 100% occupied by OPW
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Description


Description
Superb Office Investment opportunity for sale by private treaty. Harbour House comprises an attractive waterfront, stone building which was completely renovated in early 2000's. The subject property comprises lower ground/ground, first and second floor. The subject offices are 100% occupied under a single lease agreement to the OPW. Passing rent €134,900 per annum (exclusive). Unexpired lease term 6 years & 8 months from Feb 2020.
Offers sought in excess of €1,200,000 (ex VAT) representing a NIY of 10.22% after standard purchasers costs of 9.96%
Tenants not affected. BER Exempt.
Joint Selling Agent with Cushman & Wakefield, Limerick- 061 418111. Ciara.McCarthy@cushwake.com: Mark.E.Kennedy@cushwake.com

Features
High profile town centre investment
Extending to approx 1734 sq.m/18,668 sq.ft over ground first & second floor.
25 Basement car park spacing
Attractive stone building fitted to provide office accommodation at ground, first & second floor levels
Unexpired lease term of 6 years & 8 months from Feb 2020. Passing Rent, €134,900 per annum (fixed for the full term)
100% occupied by OPW

BER Details
BER: Exempt

Accommodation
The offices have been fully fitted by the tenant to facilitate a number of OPW departments within the demise. The layout provides a combination of private administration and public access areas with customer counters etc. in some departments. The layouts provide a combination of open plan and cellular office in addition to public waiting areas, training rooms and boardroom accommodation.

Finishes include:
Suspended ceilings with recessed box lighting
Recessed spot feature lighting
Painted and plastered walls/partitions
Air conditioning
Quality tile, carpet and laminate floor finishes
Large Canteen
Male & Female WC facilities
Lift

Directions
The subject property is located in a high profile position along the waterfront, just off Nelson Street/New Quay in close proximity to O'Connell Street and Gladstone Street in Clonmel Town Centre.
PSRA Licence No: 003294

Get in touch

Use the form below to get in touch with REA Stokes & Quirke (Clonmel) or call them on (052) 612 1788

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For Sale