'Substantial office investment,' STILL on sale in this Tipperary town for under €1m

JRE & Cooleen House, Western Road, Clonmel, Co. Tipperary, E91 CH73placeholder image
JRE & Cooleen House, Western Road, Clonmel, Co. Tipperary, E91 CH73

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A "substantial office investment" in Clonmel is still up for sale as part of BidX1's catalogue.

The asking price is €850,000.

Comprising two detached office buildings over ground, first and second floor the premises also boasts a secure site with parking.

Extending to approximately 824 sq. m (8,869 sq. ft) in total it is situated in the centre of Clonmel town.

JRE House let it to Tipperary Education Board with a lease expiry of October 8, 2024 while Cooleen House is let to Tipperary Education Board with lease expiry October 7, 2024.

Total current rent reserved €85,650 per annum with a net initial yield 9.16%.

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