Bank of Ireland building at Wilton Shopping Centre to stir interest
Keen investor interest is expected, given the reasonable prospect of a 8.74% yield, at an asking price of €3.2 million via agents Savills, who’ve picked up the early 2016 and quite-sizeable investment sale instruction on the 8,000 sq ft stand-along building built on the Wilton grounds in 1980.
It’s held on a 999 year lease from 1979, and there’s a tenant break option in 2021. Rent is €292,000 per annum, on upward only terms.
