101 Main St , Bray , Co Wicklow

Asking Price: €400,000

Property Location

Bray is a popular seaside resort situated in north County Wicklow with a population of some 30,000 people (as of the 2011 Census). The town is situated some 20km south of Dublin city centre and some 29km north of Wicklow town. The property is situated on the western side of Main Street, close to its junction with Florence Road and Herbert Road. Surrounding occupiers include Dubray Books, Euro Saver, Robert Downey Estate Agents and Bookstation. Transport facilities are provided via the M11 Motorway approximately 2km to the west. Bray DART Station provides regular trains to Dublin city centre, along with a number of bus routes from the town.

Property Description

Commercial investment with development potential Extending to approximately 280 Sq.m (3023 Sq.ft) with rear site extending to approximately 0.12 ha (0.3 acres) Ground floor let to an individual t/a Hallmark for a term of 20 years from December 2001 Total current rent passing of €43,600 p.a. Rear site zoned ‘Town Centre’ under the Bray Development Plan 2011-2017 (potential for development opportunity s.p.p.) NIY of 10.43%

Zoning

The property is zoned Objective TC Town Centre under the Bray Development Plan 2011-2017: “To provide for the development and improvement of appropriate town centre uses including retail, commercial, office and civic use, and to provide for ‘Living Over the Shop’ (LOTS) residential ac-commodation.” Permitted uses include: Residential, Offices, Hotel and Restaurant.

Title

Freehold

VAT

Any VAT arising as a result of the transaction will be the responsibility of the purchase.

BER Rating

BER Number

800496473 - C2

Energy Performance Indicator

476.42kWh/m2/yr