Strong price achieved on Bray Main Street

12 Main Street goes for almost €750k

13th November, 2016
No 12 Main Street in Bray sold for €742,500

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...

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