Description
FOR SALE BY PRIVATE TREATY (TENANT NOT AFFECTED)
SECURE €91,000 PA INVESTMENT LET TO PETROGAS GROUP LIMITED
LOCATION
High Profile service station with retail shop located in a prominent location on the Main Street of Commuter town Enfield, Co. Meath.
Benefits from high levels of passing traffic from the R148 Enfield / Kinnegad Road, while also being easily accessible from Junction 9 of the M4 Motorway.
There is a good range of amenities and services provided to the property, such as St. Mary’s Primary School, Enfield Train Station, and Enfield Garda Station.
DESCRIPTION
The well-located Applegreen service station and retail shop is currently let to Petrogas Group Limited t/a Applegreen on a 21-year lease from June 2007, at a contracted rent of €91,000 per annum, which represents a high investment yield of 9.5% p.a.
Internally, the retail area is fitted out to Applegreen specification, and provides for a convenience shop area while also comprising a Braeburn self service coffee station upon entrance into the shop.
Externally, ease of access onto the forecourt area is provided via 2 no. access points from Main Street, with the forecourt area enjoying 4 x fuelling pumps, an allocated car wash area, a self-service laundrette, and several customer car parking spaces.
Included in the tenancy, the rear of the property also comprises a south facing three-bedroom bungalow with forecourt parking at front.
ACCOMMODATION
Site Area – 0.24 Ha / 0.59 Acres
Retail Unit – 127.53 sqm / 1,372.7 sqft.
Bungalow – 151 sqm / 1,625 sqft.
TITLE
Service Station – Freehold Title
Bungalow – Freehold Title
BER C2
NOTE:
Please note, exceptional care is taken when setting these details. The firm, however, disclaims responsibility for any inaccuracy or any expense incurred by visiting the property should it prove unsuitable or be no longer on the market. All measurements are approximate, and the photographs provided are for guidance purposes only.