Lot 5337920, Main Street, Maynooth, Co. Kildare, W23DX49

Available From: Immediately High yielding, landmark Commercial Investment Opportunity(Tenant Not Affected), occupying one of the most high profile pitches on the southern side of Main Street, Maynooth, at the Junction with the Dublin Road and opposite the entrance to Carton Avenue the magnificent tree lined avenue with provides a pedestrian link from Maynooth town centre to Carton House Hotel & Golf Resort.
The said property is a fine 2 storey end of terrace building, which was completely refurbished to a very high standard in 2007. It is home to the highly successful and thriving Avenue Restaurant, which has traded from the building for the last 16 years, and it is now widely recognised as one of the top food destinations in North Kildare. The restaurant also extends into the two adjoining properties onto Doctors Lane, which are not part of this sale.
The current total gross annual rent is 91,000 per annum.

Maynooth is a vibrant, expanding university town, well established within the commuter belt with an estimated population of approx. 18,000. The town has experienced tremendous growth in recent years both in terms of commercial and residential development and is now regarded as the premier residential location in North Kildare. Maynooth University currently has an enrolled student population of more than 15,000 students.

The Main Street is the primary commercial thoroughfare in Maynooth and is home to a number of occupiers including Supermac s, Londis, AIB and Permanent TSB. There are also a number of other very successful Restaurants in the town, including; Donatello s, Picaderos, Bistro 53, Ely & Stone Haven, which have helped Maynooth to become known as the culinary capital of North Kildare . Other high-profile retailers situated in the town include Tesco, Aldi, Boot s, SuperValu and Dunnes Stores.


ACCOMMODATION: Main Ground floor restaurant
Kitchen area
Frist floor restaurant
Small enclosed rear service with pedestrian access onto Doctors Lane.

Schedule of accommodation:
Ground Floor 122.65 sqm
First floor 102.7 sqm
Overall site area 162.7 sqm

Tenancy:

Lease Term Annual Rent
Restaurant FRI 25 year lease from Dec 2007 85,0000
Gable Wall/ Year to Year 6,000
Billboard

Title:
Clean Freehold title

Zoning:
The entire property is zoned A1 Town Centre, the current Maynooth LAP To provide for the development and improvement of appropriate town centre uses including Retail, commercial, office, civic, residential & amenity use.


VIEWING STRICTY BY Appointment ONLY WITH SOLE SELLING AGENT