The property is let to Claddagh Records Limited on a 20 year lease commencing 21 May 2014, with a mutual break option on 21 May 2016. The property has a contracted rent of €40,000 per annum.
Claddagh Records are a long established traditional Irish music store, relocating from Middle Abbey Street to avail of the tourist footfall. Claddagh Records are a wholesale and retail company providing music products to domestic and international customers.
For the avoidance of doubt please note that this is an investment sale and the tenants are not affected.