84 Clanbrassil Street (Jack & Jones/Vera Moda), Dundalk, Co. Louth.
€900000
SOLD
The property comprises an imposing two storey premises extending to a total floor area of c. 593 sq. m. (c. 6,380 sq. ft.) over basement, ground and first floor. The property has been fitted out to the highest standard regardless of costs by the tenant. Benefitting from street frontage of c. 8 m (c. 26 ft) along Clanbrassil Street.
TENURE:
The property is let to Jack & Jones & Vera Moda on a 25 x 5 F.R.I. Lease at €90,000 p.a. At the first rent review the landlord agreed to a rent reduction for the years 2009 and 2010 as follows:
€60,000 for year 2009
€67,000 for year 2010
€90,000 per annum to next rent review in 2014.