Athy bank sale under national portfolio

Posted: 22 February 2018

AthyBank of Ireland Athy

Athy’s Bank of Ireland branch at Emily Square is being sold by the Primacy Portfolio. The property group are 17 nationwide branches- which are rented on long term leases to the bank. 

 The Athy Branch is located in the historic town square and is leased on a 25 x 5 upward only FRI lease - which commenced in July 2007. The property currently commands a rent of €79,471 per year. 

While the sales advertisement does not advertise individual sales prices for the properties, the overall portfolio is listed as €28.5 million.

Murphy Mulhall and Cushman & Wakefield are joint vendors. 

News From Athy, County Kildare

Baile Átha Í , County Kildare, Ireland | Disclaimer