50 Upper Abbeygate Street, City Centre, Galway City H91NP26Sale Agreed

Investment Property 260 m² / 2799 ft² Sale Agreed

Description

An outstanding Investment opportunity in a prime location on Abbeygate Street Upper, in the centre of Galway city. The building comprises a ground floor retail unit (tenants not affected), with 2 x Two Bedroom apartments overhead. Situated just off the main shopping thoroughfare and within a short walk to the NUIG campus. The apartments are in need of some modernisation, with the entire building having a potential gross rental yield in the region of €70k per annum. Full Particulars on request.

Features

A three storey city-centre premises.
Ground floor retail (Tenants Not Affected)
Two Apartments (In need of modernising)
Attic Area.
Just off main Shopping Thoroughfare.
Close to NUIG, Galway Courthouse & NUI Hospital.
€70k - Estimated Rental Income.
12.5% gross yield (based on Guide Price).

Accommodation

Ground Floor Retail: c140sq.mtrs
First Floor: c.60sq.mtrs
Second Floor: c.60sq.mtrs
Attic: c.48sq.mtrs