Savills will be auctioning a commercial retail investment located at 14 Cornmarket, Christchurch, Dublin 8.
The ground floor unit, which extends to 132 sq.m (1,420 sq. ft), is leased to the Irish division of the German Würth Group for a term of 10 years from August 2019 subject to a passing rent of €50,000 per annum.
The unit, which was formerly the Irish flagship showroom for Farrow & Ball, presents in exceptional condition throughout and is adjacent to MRCB Paints and Boojum.
This commercial investment will appeal to private investors seeking a well-located commercial property leased to a strong international tenant.
Würth is the world leader in assembly and fastening materials for all trades and has a presence in over 80 countries worldwide.
The investment is being sold by way of an online auction at 11am, Thursday 30th July.
Full details and access to the auction platform are available here.
Stephen McCarthy of Savills is handling the sale and is guiding €550,000.