A NUMBER of Tralee and Kerry properties — including a mansion in Sneem with a reserve of around €1.4m and Tralee Food Court at Mile Height, also for over €1.4m — will go to an online auction at the end of the month.

The auction is being held by BidX1, formerly known as Allsop.  There are 16 Kerry properties in all, located in Tralee, Sneem, Ballyferriter and Farranfore.

Continued below…

The biggest is Tralee Food Court at Mile Height with a guide of €1,425,000. The property is currently let to Petro Gas Limited with a lease expiry 2038. Current rent reserved €130,000 per annum. Tenants include Subway and Burger King.

Petrogas Global is a privately owned company and Ireland’s largest independent forecourt retailer with over 110 sites trading in the Republic of Ireland and United Kingdom.

Continued below…

Staying in Tralee, 1, 11, 14 and 15 Kerrylee, Oakpark, are to go to auction. This are one four bedroom detached house and three four bedroom semi detached houses. They range in size from approximately 110 sq. m – 123 sq. m (1,189 sq. ft – 1,327 sq. ft).

They are subject to a pooled rental scheme at a current gross rent of €40,320 per annum and
are to be offered collectively as one lot. They have a collective reserve range of between€315,000 – €325,000.

Also in Tralee 24 Pairc Na Dun, Mounthawk is being offered with a reserve range of €145,000 – €155,000.

This is a vacant detached three bedroom house, extending to approximately 127 sq. m (1,367 sq. ft).

Continued below…

Another Tralee property for auction is 203 The Parklands, a second floor one bedroom apartment, extending to approximately 47 sq. m (505 sq. ft) with a reserve of between €30,000 and €40,000.

Meanwhile, 86 Sundays Well, Lisloose is also for auction with a guide price of €130,000. This is a ground floor creche investment extending to approximately 176 sq. m (1,894 sq. ft).
It is let to an individual t/a Brookview Childcare. Lease expiry 2016 (over holding). Current rent reserved €17,000 per annum.

Going west there are six properties to be sold as one lot in Ballyferriter. Nos 2, 6, 7, 8, 10 and 13 Ard Na Cluainte, Cloonties, have a reserve of €605,000 — €615,000.

This is a portfolio of four three bedroom houses, one four bedroom house and one five bedroom house, ranging in size from 115 sq. m (1,237 sq. ft) – 159 sq. m (1,711 sq. ft).

Nos 2, 7, 8, 10 & 13 are currently subject to tenancies generating a rent of €34,440 per annum with vacant possession of no 6.

Heading to the deep south of the county, Glashnacree House, Derryquin, Sneem has a reserve range of €1,395,000 – €1,405,000.

This is a detached, two-storey, six bedroom Victorian Coastal Country House. Together with two guest cottages, 40 ft swimming pool, stables and tennis courts. On a site extending to approximately 8 hectares (20 acres).

It was built as a dower house to Parknasilla in 1822. The house was home to James Franklin Fuller who was responsible for the design of Kylemore Abbey, Ashford Castle, Parknasilla and Farmleigh, as well as the Gardener’s Lodge in St Stephen’s Green, which was commissioned by Arthur Guinness.

Finally in Farranfore, lands at, Knockaneacoolteen, have a guide price of €15,000. This is an irregular shaped parcel of land extending to approximately 0.50 hectares (1.24 acres).

For more on the Kerry properties click here. The auction opens on September 27.