Yew Tree Square units on the market for €1m
Seven retail and commercial units with a combined value of around €1m are for sale at the Yew Tree Square development in the centre of Clane, in Co Kildare. Five of the units are let on leases whose combined annual rent totals €114,280, which suggests a yield of more than 11pc.
The receiver Mazars are also selling 16 apartments in the development and 12 of these are two-bedroom units in a three-storey block known as The Hall.
Andrew Long of agents HT Meagher O'Reilly says they are willing to sell all 23 properties for a combined €2,766,000 or they are willing to sell them in different lots.
Retail tenants include a hair salon, a mortgage shop, a Polish grocer and Clean 4 U. Most apartments are already let.