O’Donnellan & Joyce is offering an incredible investment opportunity at No 1 Flood Street, Galway. The property, which is being offered as an investment property with tenants in place, will provide a good investment for your money, and is described by the agent as better than money in the bank.
Situated on a pivotal high profile location on the corner of Flood Street, facing the Spanish Arch, the neighbouring properties include Cobwebs, and the building is within walking distance of Quay Street, the heart of Galway’s left bank.
No 1 Flood Street occupies a pivotal high profile location, and offers 900sq ft of ground floor retail space, along with first floor offices measuring 500sq ft and 510sq ft, a second floor office of 590sq ft, and 410sq ft on the third floor.
The ground floor is currently leased to An Cupan Tae, a thriving coffee shop/restaurant, the first and second floor offices are leased, and the third floor is vacant. The potential rental income is between €40,000 and €45,000 a year. The asking price is €450,000 which would give in the region of a 10 per cent yield.
For further information contact Mark Forsyth 087 6078087 or Colm O’Donnellan 087 2887446 of O’Donnellan & Joyce.
