A Co Wexford investor has paid €650,000 for the AIB bank branch in New Ross which is rented at €66,900 per annum. Joint agents Stephen McCarthy of Savills and REA McCormack Corish reported strong interest in the investment which was initially sold in 2007. The 20-year lease includes five yearly upwards only reviews and a break clause in 2022. The three-storey over basement building extends to 441sq m (4,747sq ft).
New Ross bank makes €650,000
20-year lease includes five yearly upwards only reviews and a break clause in 2022
![AIB New Ross: rented at €66,900 per annum](https://www.irishtimes.com/resizer/v2/GMGB7ISQE3OOB4VYHNE2MOP33E.jpg?auth=f2ed8d0c4ccf78c7ee79b020569084184ff94f6a941420537554e2963a441fb5&smart=true&width=1024&height=576)