DTZ Sherry FitzGerald is offering to the market Ti Phuirseil, a retail and office investment property located in the village of Barna.
Ti Phuirseil extends to approximately to 6,543sq ft and is on circa 0.5 acre overlooking Galway Bay. The property has the benefit of 51 on-site staff and customer car parking spaces. The property is currently producing a rental income of €69,771 a year and offers an excellent opportunity for national and regional based investors. The tenants in occupation include Barna Pharmacy, Barna Medical Centre, Barna Village Dentist, and Petrogen Services Limited, and tenants are not affected by the sale. In addition to the existing tenants there are three first floor vacant offices ranging in floor area from 580sq ft to 890sq ft which offer an investor the opportunity to maximise the property’s rental capacity and investment return.
George Brady of DTZ said: “Very few similar type investment properties come to the market in the Barna area and we are very excited to offer this very important rent producing asset to the market.”
Ti Phuirseil will be sold by public auction (unless previously sold ) at 12 noon on Thursday July 16 in the Connacht Hotel, Renmore, Galway. The advised minimum value is €675,000.
All details available from sole selling agent DTZ Sherry FitzGerald Galway at 091 569 181.