Newtown Centre on the Market for €2.75m

first_imgNewsLocal NewsNewtown Centre on the Market for €2.75mBy Alan Jacques – October 2, 2014 689 THE Newtown Centre, a two-story commercial development in Annacotty, is on the market with a guide price of €2.75 million.The sale of the development – which generates an annual rent in the region of €268,000 – is being handled by Savills Cork on the instruction of the Receiver Grant Thornton. The Newtown Centre is located between Newtown and Annacotty, around 1km east of Castletroy.Sign up for the weekly Limerick Post newsletter Sign Up Siobhan Young of Savills commented, “The Newtown Centre provides investors with the opportunity to acquire a finished property with strong tenant occupancy levels and a considerable rent receivable per annum.”“The current vacant office units provide scope to increase future rental income and we expect to receive high levels of enquiries for this investment,” Ms Young revealed.The modern two storey commercial development occupies a site of 2.17 acres. There are nine fully occupied ground floor retail units and 10 first floor office units, seven of which are currently occupied. Current tenants including Bord Gais, Mace, Curves and Bambury Bookmakers, are not affected by the sale.The development also includes an extensive surface car park sits at the front of the property providing an abundance of customer parking. Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” WhatsApp RELATED ARTICLESMORE FROM AUTHOR Advertisement Print Linkedin TAGSAnnacottyGrant ThorntonlimerickNewtown CentreSavills Cork Emailcenter_img Previous articleGround control to LITNext articleClowning around on animal-act circuses in Limerick Alan Jacqueshttp://www.limerickpost.ie Vanishing Ireland podcast documenting interviews with people over 70’s, looking for volunteers to share their stories WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Facebook Limerick’s National Camogie League double header to be streamed live Limerick Ladies National Football League opener to be streamed live Predictions on the future of learning discussed at Limerick Lifelong Learning Festival Twitterlast_img read more

Fortress takes control of outsourcing firm Mapeley

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Serena Williams wins 6th Wimbledon title

first_imgSerena Williams is the Wimbledon champion, again.The American won her sixth title at the All England Club on Saturday, beating Garbine Muguruza of Spain 6-4, 6-4 in the women’s final.For Williams, it is her second “Serena Slam” — holding all four major titles at the same time.If Williams can win the U.S. Open, she would become the first person to win a calendar-year Grand Slam since Steffi Graf in 1988.Overall, it was the 21st major title for Williams, one shy of Graf’s Open-era record. Margaret Court holds the overall record with 24.More to follow… –last_img