Costelloe Estate Agents
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https://www.lslproperty.com/PropertyLotDetail-COESA-5570372
For Sale
For Sale
Guide Price: 625,000
38 Lower Market Street, Ennis, Co. Clare, V95YC82
No. 38 Lower Market Street is an outstanding town centre retail property occupying a prime high-profile position in the heart of Ennis. The property commands an exceptional street frontage of approximately 13.6 metres (45 feet), ensuring superb visibility and a strong presence along one of the town’s busiest retail streets.
Internally, the ground floor comprises a bright, modern and well-presented retail space with a regular-shaped layout, ideally suited for retail trading and customer circulation. The extensive glazed frontage provides excellent natural light together with strong display and branding opportunities. The property has been extensively modernised to an exceptional standard throughout.
The first-floor retail area is accessed via a wide staircase adjacent to the main entrance, creating a strong connection between both levels, while a secondary staircase to the rear of the building provides additional convenience and functionality.
The property offers substantial retail premises in a proven trading location, surrounded by many of the town’s leading national and independent retailers. Combining prominence, accessibility and strong retail profile.
Location:
38 Lower Market Street occupies an exceptional trading position in the heart of Ennis town centre, strategically located just 10 metres from O’Connell Street and immediately adjacent to the main entrance of Dunnes Stores, one of the town’s principal retail anchors.
This highly prominent and established retail pitch benefits from substantial pedestrian footfall and excellent visibility, with a strong mix of national and established retailers trading in the immediate vicinity, including Boots, Permanent TSB, Vodafone, Seoidín, Wine Buff and Zest.
The surrounding occupiers create a vibrant commercial environment and reinforce the location as one of the town’s premier retail destinations.
The property is further enhanced by excellent accessibility and convenience, with extensive nearby parking facilities available at Dunnes Stores Shopping Centre, the Ennis Multi Storey Car Park and the Lower Market Street Car Park, ensuring ease of access for customers and staff alike.
Accommodation:
The following is the accommodation and approximate room dimensions
Ground Floor
Sq.mtrs Sq.ft
Retail 87.33 940
Store
First Floor
Retail 66.98 721
Store 20.08 224
The total floor area is approximately 174.39sq.mtrs (1,885sq.ft)
Special Features:
Outstanding location
High-profile position
Street frontage of 13.6 meters (45 feet)
Modern retail unit
Quality tenant
Excellent investment opportunity
Services:
Mains water, electricity and sewer are supplied and connected to the property
Electric heating system
Alarm installed
Lease:
The property is held by way of a 10 year lease from 1st of August 2024. Rent is €45,000 per annum from 1st August 2026
Asking Price:
Offers in the region of €625,000
which reflects net yield of 6.6%
Viewings:
Viewing by Prior appointment only with the sole selling agents
TENANT NOT AFFECTED
BER Rating: BER C1
Internally, the ground floor comprises a bright, modern and well-presented retail space with a regular-shaped layout, ideally suited for retail trading and customer circulation. The extensive glazed frontage provides excellent natural light together with strong display and branding opportunities. The property has been extensively modernised to an exceptional standard throughout.
The first-floor retail area is accessed via a wide staircase adjacent to the main entrance, creating a strong connection between both levels, while a secondary staircase to the rear of the building provides additional convenience and functionality.
The property offers substantial retail premises in a proven trading location, surrounded by many of the town’s leading national and independent retailers. Combining prominence, accessibility and strong retail profile.
Location:
38 Lower Market Street occupies an exceptional trading position in the heart of Ennis town centre, strategically located just 10 metres from O’Connell Street and immediately adjacent to the main entrance of Dunnes Stores, one of the town’s principal retail anchors.
This highly prominent and established retail pitch benefits from substantial pedestrian footfall and excellent visibility, with a strong mix of national and established retailers trading in the immediate vicinity, including Boots, Permanent TSB, Vodafone, Seoidín, Wine Buff and Zest.
The surrounding occupiers create a vibrant commercial environment and reinforce the location as one of the town’s premier retail destinations.
The property is further enhanced by excellent accessibility and convenience, with extensive nearby parking facilities available at Dunnes Stores Shopping Centre, the Ennis Multi Storey Car Park and the Lower Market Street Car Park, ensuring ease of access for customers and staff alike.
Accommodation:
The following is the accommodation and approximate room dimensions
Ground Floor
Sq.mtrs Sq.ft
Retail 87.33 940
Store
First Floor
Retail 66.98 721
Store 20.08 224
The total floor area is approximately 174.39sq.mtrs (1,885sq.ft)
Special Features:
Outstanding location
High-profile position
Street frontage of 13.6 meters (45 feet)
Modern retail unit
Quality tenant
Excellent investment opportunity
Services:
Mains water, electricity and sewer are supplied and connected to the property
Electric heating system
Alarm installed
Lease:
The property is held by way of a 10 year lease from 1st of August 2024. Rent is €45,000 per annum from 1st August 2026
Asking Price:
Offers in the region of €625,000
which reflects net yield of 6.6%
Viewings:
Viewing by Prior appointment only with the sole selling agents
TENANT NOT AFFECTED
BER Rating: BER C1
Important Info / Terms and Conditions
TERMS & CONDITIONS - PLEASE READ CAREFULLY
• Viewing:
If you wish to view the property, you should contact Costelloe Estate Agents on 065 6821299. We will facilitate you and arrange access for you and/or your
surveyor.
• Description Of Property:
The particulars contained in our brochure / advertising / social media are
issued by Costelloe Estate Agents on the understanding that all negotiations are
conducted through them. All descriptions, dimensions, etc., included in the
particulars, and any statements made by Costelloe Estate Agents or our representatives,
are made in good faith and are not intended to form a basis for any Contract.
Any intending purchaser should not rely on them as statements or
representations of fact but should satisfy themselves by inspection or
otherwise as to the accuracy of same before committing themselves to a
Contract. Any maps, plans or photographs in the brochure shall be indicative
only and shall not form part of the Contract.
• Guide Price:
The guide price should not be construed as being the selling price of the
property and it is the purchaser’s responsibility to decide on how much to bid
at the auction.
• Legal Documentation:
Prior to the auction, the solicitor for the vendor will make available the legal
documentation in relation to the property, copies of which are available from
vendor’s solicitor or Costelloe Estate Agents. It is important to consult your solicitor in
relation to the Contracts / Conditions Of Sale of the property before bidding as
you will become legally bound by the said Contract / Conditions Of Sale if you
are the highest bidder and the property is knocked down to you.
• Identification:
In order to register, it will be necessary to upload a copy of your passport /
driving licence and proof of address, i.e., bank statement, correspondence
from a Government agency / source, dated within the last 3 months.
• Registration:
In order to bid at the auction, it will be necessary to register with our office,
Costelloe Estate Agents, at least 2 business days prior to the auction. The auctioneer
assumes the bidder is bidding for himself/herself. If the bidder intends to
purchase a Lot in a name other than his or her personal name, arrangements
must be made with the auctioneers in advance. By registering you are
deemed to have accepted the terms and conditions of the auction and
authorise us, as agents for the vendor, to sign the completed Contract for Sale
on your behalf.
• Reserve Price:
The price agreed between the vendor and the auctioneer at which the
property can be sold. In the event of the property not reaching the reserve, the
auctioneer will deal exclusively with the highest bidder (for half an hour
following the auction) in order to realise a satisfactory sale. If a deal is not
concluded, then the auctioneer may deal with the under-bidders and any other
interested parties following that period of negotiation.
• Bidding Deposit:
A deposit of 10% of the guide price is required in order to bid and this is payable in advance
of the auction by online bank transfer. Our bank details will be provided to you
at registration. The successful bidder’s deposit will become non-refundable as
soon as the property is sold and a binding Contract is entered into and the
agents are hereby authorised to sign the Contract For Sale on your behalf.
The deposit payable on the signing of the Contract is 10% of the purchase
price. If there is a shortfall in the deposit furnished by the purchaser prior to
the auction, then the purchaser shall be required to lodge the balance of the
deposit with the auctioneers within 1 business day of the online auction. If you
are not the successful purchaser, your deposit will be returned to you (in full).
• General Conditions:
The highest bidder to be the purchaser, subject to the right of the owner to
withdraw the property should the reserve not be met.
The Particulars and Conditions Of Sale may change prior to the auction and it
is the sole responsibility of the bidder to make sure they have the latest
version.
The auctioneer reserves the right to sell the property prior to auction, withdraw
the property from auction, change the order of the Lots, or consolidate the
Lots without any notice to any prospective purchaser.
• LSL Online Platform:
Neither Costelloe Estate Agents or LSL Online Auctions, their servants or agents shall
be responsible in any manner whatsoever, whether in contract law, tort,
common law or otherwise for any loss arising in whatever fashion as a result
of loss of internet connectivity during the auction process. The bidder accepts
that such contact is at the bidder’s own risk and in the event that the internet
link is not established or breaks down, or if there is any confusion or
disruption, then the bidder will not be able to participate in the auction
• Viewing:
If you wish to view the property, you should contact Costelloe Estate Agents on 065 6821299. We will facilitate you and arrange access for you and/or your
surveyor.
• Description Of Property:
The particulars contained in our brochure / advertising / social media are
issued by Costelloe Estate Agents on the understanding that all negotiations are
conducted through them. All descriptions, dimensions, etc., included in the
particulars, and any statements made by Costelloe Estate Agents or our representatives,
are made in good faith and are not intended to form a basis for any Contract.
Any intending purchaser should not rely on them as statements or
representations of fact but should satisfy themselves by inspection or
otherwise as to the accuracy of same before committing themselves to a
Contract. Any maps, plans or photographs in the brochure shall be indicative
only and shall not form part of the Contract.
• Guide Price:
The guide price should not be construed as being the selling price of the
property and it is the purchaser’s responsibility to decide on how much to bid
at the auction.
• Legal Documentation:
Prior to the auction, the solicitor for the vendor will make available the legal
documentation in relation to the property, copies of which are available from
vendor’s solicitor or Costelloe Estate Agents. It is important to consult your solicitor in
relation to the Contracts / Conditions Of Sale of the property before bidding as
you will become legally bound by the said Contract / Conditions Of Sale if you
are the highest bidder and the property is knocked down to you.
• Identification:
In order to register, it will be necessary to upload a copy of your passport /
driving licence and proof of address, i.e., bank statement, correspondence
from a Government agency / source, dated within the last 3 months.
• Registration:
In order to bid at the auction, it will be necessary to register with our office,
Costelloe Estate Agents, at least 2 business days prior to the auction. The auctioneer
assumes the bidder is bidding for himself/herself. If the bidder intends to
purchase a Lot in a name other than his or her personal name, arrangements
must be made with the auctioneers in advance. By registering you are
deemed to have accepted the terms and conditions of the auction and
authorise us, as agents for the vendor, to sign the completed Contract for Sale
on your behalf.
• Reserve Price:
The price agreed between the vendor and the auctioneer at which the
property can be sold. In the event of the property not reaching the reserve, the
auctioneer will deal exclusively with the highest bidder (for half an hour
following the auction) in order to realise a satisfactory sale. If a deal is not
concluded, then the auctioneer may deal with the under-bidders and any other
interested parties following that period of negotiation.
• Bidding Deposit:
A deposit of 10% of the guide price is required in order to bid and this is payable in advance
of the auction by online bank transfer. Our bank details will be provided to you
at registration. The successful bidder’s deposit will become non-refundable as
soon as the property is sold and a binding Contract is entered into and the
agents are hereby authorised to sign the Contract For Sale on your behalf.
The deposit payable on the signing of the Contract is 10% of the purchase
price. If there is a shortfall in the deposit furnished by the purchaser prior to
the auction, then the purchaser shall be required to lodge the balance of the
deposit with the auctioneers within 1 business day of the online auction. If you
are not the successful purchaser, your deposit will be returned to you (in full).
• General Conditions:
The highest bidder to be the purchaser, subject to the right of the owner to
withdraw the property should the reserve not be met.
The Particulars and Conditions Of Sale may change prior to the auction and it
is the sole responsibility of the bidder to make sure they have the latest
version.
The auctioneer reserves the right to sell the property prior to auction, withdraw
the property from auction, change the order of the Lots, or consolidate the
Lots without any notice to any prospective purchaser.
• LSL Online Platform:
Neither Costelloe Estate Agents or LSL Online Auctions, their servants or agents shall
be responsible in any manner whatsoever, whether in contract law, tort,
common law or otherwise for any loss arising in whatever fashion as a result
of loss of internet connectivity during the auction process. The bidder accepts
that such contact is at the bidder’s own risk and in the event that the internet
link is not established or breaks down, or if there is any confusion or
disruption, then the bidder will not be able to participate in the auction
Please use the form below to contact the agent
Contact Agent
Contact Costelloe Estate Agents on +35365 6821299