Tuesday 21 November 2017

€1.1m tag on Clonmel unit

A retail outlet in the heart of Clonmel's prime shopping area is for sale or to let.

Agents CBRE are quoting €1.1m for the unit at 8-9 O'Connell Street in the south Tipperary county town. Alternatively the 1,328sqm property is available on a new lease at a rent of €140,000 a year.

Comprising three storeys over basement, the building is currently being refurbished and provides a ground floor retail area of 451sqm and a first floor retail area of 435sqm.

It is prominently positioned on the southern side of O'Connell Street, close to its intersection with Gladstone Street, both of which streets act as the prime shopping areas of Clonmel where many of the leading Irish and UK retailers are represented.

High-profile neighbouring occupiers include Penneys, New Look, Heatons, River Island, Dunnes Stores, Boots, McDonalds, DV8 and Easons.

Shane Cahir of CBRE commented that the building is ideally suited to a large space retail occupier and would lend itself to a department store style operator, fashion multiple, sportswear retailer or a convenience store.

Indo Property

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