16-18 McCurtain Street,Main Street, Fermoy
16-18 McCurtain Street,Main Street, Fermoy
Type
Apartment
Status
Sale Agreed
Description
16-18 McCurtain Street presents a fabalous opportunity for investors to purchase this mix use development on main street Fermoy. The ground floor retail unit (approx c. 868 sq ft) is located on a busy street and takes advanatge of large volumes of passing trade . There is a bus stop outside the unit, suitable for a variety of unit. Overhead there is an office 1 x 1 Bed apartment(€400 a month) and 3 x 2 bed apartments (€450 a month). 3/4 are currently occupied. The building is spread over three storeys and extends to c.2,500 sq ft approx
Retail unit- Rental income of €7,800 per annum
4 Apartments- Rental income of over €21,000 per annum
Income just under €30,000 a year.
Features
- Ground floor retail unit- Large prominent window display on Main Street
- Ground floor retail unit- Large volumes of passing traffic
- Ground floor retail unit- Fully shelved/storeroom
- Ground floor retail unit- Fully fitted alarm system
- Ideal investment opportunity