The Royal Apartment Complex, Dublin Road, Carlow Town , Co. Carlow

Asking Price: €1,850,000

Property Location

The Royal Apartment Complex is ideally located at the heart of Carlow Town. Situated off Dublin Street, the scheme is one of the premier residential led developments in Carlow Town within proximity to Fairgreen Shopping Centre and Carlow Shopping Centre. Carlow Town benefits from excellent rail and road links to the major urban hubs of Dublin and Waterford via the M9 and frequent train services from Carlow Railway Station at Railway Road.

Property Description

The Royal Apartment Complex is an extensive four storey mixed use development comprising high end retail and residential accommodation together with an extensive five storey (370 space) multi storey car park. The subject lot comprises 15 x apartments, 3 x ground floor retail units and 2 x office units. The retail units, all of which are accessed from Dublin street, are broadly rectangular in shape and benefit from rear access from the car park. Each of the units is extensively glazed and benefits from excellent frontage onto the main street. Two of the units (No’s 2 and 3) are finished to shell and core specification, whilst the final unit (No. 4) benefits from the current tenant’s fit out. The multi storey car park (370 spaces) is arranged over five levels and is entered via Dublin Street and exited via Charlotte Street.

Annual Rent

The property is currently producing a gross income of approximately €180,000 per annum. There is significant scope to increase the yield by way of letting the vacant accommodation i.e. 2 x apartments, 2 x office units and 2 x retail units.

Property Size/Area

Please be advised that areas are approximate. Please refer to brochure.

Title

Freehold and Long Leasehold

VAT

Please refer to agent.

BER Rating

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BER Number

Available upon request

Energy Performance Indicator

35.69 kWh/m²/yr - 252.06 kWh/m²/yr

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