The property is located at the junction of Nore Road and Barrow Road within Dublin Industrial Estate which is an established estate on the north side of the city within easy reach of the City Centre and the M50.
The estate benefits from access points on Finglas Road, Ballybogan Road and Rathoath Road, and is also in close proximity to Bambridge Train Station.
The estate is an important employment hub for the general vicinity.
Current income €90,520
Full recovery of outgoings
Secure enclosed site
The building is a two storey concrete frame construction with concrete block infill walls supporting a flat concrete roof.
The frontage has insulted cladding to the upper floors and side which incorporates double glazed windows. The ground floor is fitted with shop fronts serving the retail users and serving the ground floor units.
The property is divided into 6 units with 4 units on the ground floor and 2 units on the upper floor.
The overall site is secured by block walls with railings over and palisade fencing to the rear and side boundary.
There are two vehicular access points secured by electric gates and two further pedestrian points.
Car parking is provided on site for c. 31 car parking spaces.
*Note 1: The next rent review is 11 June 2017 and then June 2020.
*Note 2: This is a renewal of a previous lease and the tenant has Landlord & Tenant
There is full recovery of water and building insurance from the tenant
Each unit is rated separately and billed to each tenant by Dublin City Council
All intending purchasers are specifically advised to verify the floor areas and to undertake their own due diligence.
|Unit 1-2||T/a Vitality Hub Gym||294 m2./3,165 sq. ft.||5 years from 06/03/2015||€24,000|
|Unit 3||T/a Café Famosa||92m2/990 sq. ft.||25 years from 11/06/2005||€30,000 *Note 1|
|Unit 4||T/a Sei Bella||142m2/1,530 sq. ft.||5 years from 05/04/2013||€16,200|
|Unit 5||David Dowling Trophies Ireland||116m2/1,250 sq. ft.||5 years from 21/04/2016||€13,300 *Note 2|
|Unit 6||Medimatch Dental Laboratory (Irl) Ltd||41m2/440 sq. ft.||4 years 9 months from 15/01/2016||€7,020|
|TOTAL||685m2/7,375 sq. ft.||Passing Income:||€90,500|
BER Rating: B2, C2 & C3
BER details available from the agents
102 Drumcondra Road Upper
Mervyn Feely & Associates
1st Floor, 23a Seafield Road,
50 Nore Road
Dublin Industrial Estate