Location

Gofton Court is located in the heart of Finglas Village on the Jamestown Road, opposite the Finglas Village Centre. Finglas Village is c.6km north of Dublin City Centre and 2.5km south of the M50 Motorway.
The property benefits from good public transport links with numerous Dublin Bus routes throughout the area.

Summary

• Investment and asset management opportunity
• Ground floor retail units 1-5 extending to c.3,015 sq.ft
• First floor offices extending to c.3,292 sq.ft with c.2,175 sq.ft vacant
• Total Income currently c.€92,500 p.a.

Description

The property comprises a development of 5 retail units at ground floor level, with offices on first floor level.
Gofton Court is of traditional construction with concrete block/ brick walls with a pitched timber frame roof with slate covering. Double glazed timber framed windows are provided at first floor level while each of the units have been fitted with traditional shop fronts at ground floor level.

OPPORTUNITY
This investment offers immediate reversionary potential with the letting of the vacant offices, extending to c. 2,175 sq.ft
There is additional reversion potential in 2023 through lease renewal negotiations.
There is also the opportunity to convert the first-floor offices into residential units under the amendments to the Planning and Development Act 2000.

Accommodation

Units 1 & 2 extend to 2,164 sq.ft and are occupied by Gas Junction producing an income of €40,000.
Unit 3 extends to 981 sq.ft and is occupied by Pretty Woman producing an income of €18,000.
Unit 4 extends to 656 sq.ft and is occupied by Dream Hair producing an income of €19,500.
Unit 5 extends to 331 sq.ft and is occupied by Calzature producing an income of €15,000.
Offices 3, 4 & 5 extend to 2,175 sq.ft and are vacant.

BER Rating

D1

800808859

394.61 kWh/m2/yr

Title

Freehold

Solicitors

Ailbhe Rice
Rice Jones Solicitors
Castleview House
22 Sandymount Green
Dublin 4

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