The New Look fashion store at North Main Street in Wexford town is to be offered for sale through Cushman & Wakefield at over €4,480,000, a figure that will show a return of 8 per cent.

The two-storey over-basement premises was developed in 2007 and has a floor area of over 1,035 sq m (11,150sq ft). The basement, ground and part of the first floor are used for retail sales. with ancillary storage also on the first floor. The building is let at €375,000 per annum on a 25-year lease from 2007, with an unexpired lease term of 14.8 years. The lease is guaranteed by the parent company which had a reported turnover of almost €1.4 billion last year.

Jane Dolan of Cushman & Wakefield is handling the sale.