Search

27 Nov 2021

Revealed: Massive retail development in heart of Clonmel to go up for auction for €1.6m

Check this out!

Tipperary Tipperary Tipperary

Ormonde Centre, Gladstone Street, Clonmel

A massive retail development in the heart of Clonmel is to go up for auction for €1.6m on December 10 as part of BidX1's latest online offering. 

The Ormonde Centre is a modern retail development and comprises a part three storey, part single storey development offering both retail and office accommodation.

Extending to approximately 3,140 sq. m (33,810 sq. ft) in total.

Established access and significant dual glazed frontage onto both Gladstone Street and the town centre car park.

Subject to two tenancies:
Cresslough Ltd t/a DV8 - 15 year lease from 2012
Twenty Twenty Retail t/a 6th Sense - 15 year lease from 2011

Total current rent €120,000 per annum (after T/O allocation).

80% of floor space is vacant, offering significant opportunity to enhance return.

To continue reading this archived article for FREE,
please kindly register and/or log in.


Registration is absolutely 100% FREE and will help us personalise your experience on our sites. You can also sign up to our carefully curated newsletter(s) to keep up to date with your latest local news!

Register / Login

Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.

Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.