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Swiss Cottage & Euro House, Swords Road, Santry

€1,600,000 - Asking Price For Sale 618 sqm approx

BER C1C3 Rating

Description

 

•Excellent fully let retail investment opportunity

•Swiss Cottage is let to Magner’s Pharmacy on the ground floor and Butler Smith Letting Agents on the first floor.

•Euro House is let to the Tanning Salon who trade from both ground and first floors

•Total current rent receivable of €113,922 per annum

•Guide Price of €1,050,000 equating to a net initial yield of 10.39%

•Tenants not affected

 

 

For Sale by Auction  October 26th   2017

BER Information

  • Rating: BER C1C3
  • Certificates are available from the agent.

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No 11, North King Street, Dublin 7

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Retail/investment opportunity the subject property is situated on North King Street in a mixed use commercial and residential area.  The area provides easy access to DIT Bolton Street, Jervis Street Shopping Centre and the Rotunda, Matter and Temple Street Hospitals, which are all within walking distance.  The subject property enjoys good transport links, the Luas line and several Dublin bus routes are in close proximity. The property is within 2km of Dublin City centre and benefits from several amenities including numerous shops, cafes, bars and restaurants.The subject property is a mid-terraced property providing for ground floor only, currently used as an Indian takeaway. The property is of traditional brick construction under a pitched slate roof. The retail accommodation is accessed from North King Street and benefits from a wood framed shop front. Internal specifications include a mix of plastered and painted and tiled walls and incorporates tiled floors under strip fluorescent lighting. The property benefits from a retail counter area to the front with customer seating. Kitchen, storage areas and staff toilets are located to the rear. The unit is currently occupied by an Indian takeaway t/a Mirch Masala, with a lease term of 4 years commencing 21 November 2015 paying a contracted rent of €7,200 per annum. (Tenant not affected)

BER C2 Rating