The Bridge Mills , Bridge Street , Galway City

Asking Price: €1,300,000

Property Location

The Bridge Mills is situated close to OBriens Bridge, on the banks of the river Corrib. The property is located at the junction of Bridge Street, Mill Street and Dominick Street Lower in a predominantly commercial location in the heart of Galway City , 600m from Eyre Square. Galway is the fourth most populous urban area and sixth most populous city in Ireland. Galway city has a population of approximately 80,000, with over 100,000 persons located within a 15km radius of the City Centre. Galway has a strong local economy with complementary business sectors, including manufacturing industry, tourism, retail and distribution, education, healthcare and services that include financial, construction, cultural, and professional.

Property Description

The Bridge Mills is nestled on the banks of the Corrib at the foot of O Briens Bridge. This 450 year old building has been beautifully restored and is currently home to Two Language Schools, Designer Swap Shop, Art School, Jewellers. and Il Vicolo Restaurant. The Total rent roll for the fully let Bridge Mills is €118,144 per annum. The property comprises 4 levels of accommodation and is arranged to provide for 7 individual tenancies.

Property Size/Area

683 sq. m. (7,349 sq. ft.)

Service Charge

N/A

Rates

Zoning

Zoning Objective: CC - To provide for city centre activities and particularly those which preserve the city centre as the dominant commercial area of the city.

Title

Freehold

VAT

We are advised that VAT will arise on the sale.

BER Number

BER Exempt