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.
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