Strong price achieved on Bray Main Street
12 Main Street goes for almost €750k
Colliers International has sold No 12 Main Street in Bray for €742,500, well in excess of its €700,000 guide price for the retail unit. The sum equates to a net initial yield of 7.2 per cent after allowing for purchaser’s costs of 4.46 per cent.
According to the negotiating agent, Stephen Conway, the property attracted strong interest from private investors. “The unexpired term of just under ten years and the quality tenant, Tiger, added to the...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine