A filling station and convenience store in Dromiskin is close to being sold after going sale agreed in recent days.
The Texaco garage and Centra store is located in the heart of the village and is currently run by Hallinan’s, whose lease is unaffected by the sale. It is understood that Hallinan’s themselves led the bidding for the business. Estate agents DNG Duffy had been seeking €800,000, although the agreed selling price is not known.
The pharmacy which makes up part of the complex is not part of the sale.
The investment property includes a supermarket, forecourt, canopy to the front, car wash, offices, storage, staff kitchen and toilets to the rear. There is also a car park to the side and rear of the property.
The property has 23 years and 11 months remaining on its lease, which was signed on June 1st last year. The annual rent is €50,000 plus VAT, payable monthly pro rata, with a rent review every five years. There is also a break option after the first 10 years while the tenant is liable for insurance costs and service charges.
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