Superb Asset Management Opportunity in the Heart of Tralee

Part income Producing/Part Vacant Possession

Tralee is a prosperous town in the south west of Ireland with an immediate population of 24,000 persons and a much larger catchment population.

It is the county town of the county and apart from the local consumers, it draws a large number of tourists.

The Mall is the very fulcrum of business in Tralee and The Phoenix Building, an historic  landmark, is at the centre of retailing in the town. Nearby retailers include such well known names as Penneys, Easons, Sports Direct, and Costa in addition to many well established local businesses.

The Phoenix Building is possibly one of the finest retail properties in Tralee. It is superbly located and offers a buyer an opportunity to gain significant income from the vacant parts or to consider a wider development incorporating the upper floors. These are extensive and could present an opportunity for alternative uses such as residential accommodation (subject to planning).

Accommodation:

The approximate areas are:

Unit B – Former Elverys – Vacant Possession

Approximate areas: Ground Floor Retail 120 sq. m (1,294 sq. ft.)

First Floor Retail 161 sq. m.  (1,804 sq. ft.)

Second Floor Stores/ancillary 151 sq. m. (1,625 sq. ft.)

Unit C Let to ‘Coffee Start’ on a 15 year lease from 1/12/2020 38,300 at €60,000pa.

Approximate area: 90.77 sq. m. (977sq. ft.)

Unit D Let to CEX on a 10 year lease from 29/04/2014 @ €60,000pa.

Approximate area: Ground Floor Retail 134 sq. m. (1,444 sq. ft.)

1,444 sq. ft.

Price: On Application

Viewing: By appointment with the joint agents

McQuinn Property Services Ltd ,Oakview Brewery Road Tralee Co Kerry

Licence No: 001246 (Eamonn McQuinn)  . Tel: 066 7129355

*While every effort has been made in accurately assembling the information no responsibility will be accepted by this firm for omissions or inaccuracies and we urge you to seek professional advice before entering into binding agreements.