Monday 18 December 2017

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.

Irish Independent

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