FOR SALE – Asset Management Opportunity – Rosebank, Herbert Road, Bray, Co. Wicklow A98EH30

20191024_113812_resized

Period villa-style property, currently in office-use with three tenancies. With c. 217 sq.m. /2345 sq.ft. of gross internal accommodation on two storeys, there are eight car spaces to

the rear of the property.  The property offers an indeal asset-management opportunity to refurbish the existing property and potentially extend/develop the property further.

 

Situated c. 300m from Main Street, Bray at junction with Quinnsborough Road and Castle Street. All amenities are adjacent, including several bus routes, Castle Street shopping

centre (Supervalu anchor), the Town Centre, the forthcoming Bray Town Centre / Florentine Centre, which is due to be completed in 2019, with retail units, restaurants and a multiplex

cinema outlet.

Price: €550,000

Brochure – Rosebank, Herbert Road, Bray – Nov 2019

20191024_113812_resizedRosebank - Unit 1 - 2 - 3 4 - 24-10-2019Rosebank - Car Park - 24-10-2019 - 11.31am

 

RENTAL INCOME

Passing rent: €34,700 p.a. exclusive

Contracted rent: €46,443.45 p.a. exclusive

 

Location

The property is located to the north-eastern end (Town Centre-end) of Herbert Road. C. 300m to the crossroad junction at the Royal Hotel, the property is adjacent to all amenities within the town, including bus routes, DART station at end of Quinsborough Road, shopping including Supervalu-anchored Castle Street Shopping Centre, medical, schools, churches.

Forthcoming Bray Town Centre/Florentine Centre is currently under construction on Main Street, at block between Quinsborough & Florence Roads. With 25000 sq.m. of space, this new complex will provide a mix of retail & restaurant premises together with a multiplex cinema.

 

Description

The property is a two-storey building, with office use to the entire property. Originally a residence, it was developed into offices in 1999. There are presently three leases within the property, one to the upper floor (units 3 & 4) and one each on the lower floor (Units 1 & 2).

Shared gated-entrance to t he side of the property with access to the eight parking spaces to the rear.

 

Gross Floor area 

c.217.81 sq.m. / 2344.45 sq. ft. gross internal floor area.