Location

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For Sale
Investment, General Retail, County Dublin

27A
Monkstown Farm
County Dublin
Republic Of Ireland

Reference 2017862

Type Investment, General Retail

Tenure Freehold

Size1,475 sq ft (137 sq m)

Freehold: £289,640

Contact LSH Surveyor

Nigel Kingston
Director - Agency

+353 1 673 1419

Description

•Compact retail investment property.
Let to Boyle Sports on new ten year lease.
Currently producing €26,400 pax.
Tenant not affected.

Location
The property is located on the south side of Monkstown Farm, between its junctions with Monkstown Avenue and Glenageary Road. The area is well serviced by a number of excellent transport links including a number of bus routes that operate along the Monkstown Road and the Dart, providing easy access to the city centre and it's surrounding suburbs, is located a short distance from the property.

Description
The property is part of a three story development with residential on the upper floors. The subject property consists of the commercial element on the ground floor extending to 137 Sq.M. and occupied by Boyle Sports. The unit is fitted with suspended ceilings incorporating
recessed lighting, air conditioning and speakers. Kitchenette
facilities are located to the rear of the property.

Title
The property is held under a long lease.

Lease
The premises is let to Boyle Bookmakers plc on a 10 year full repairing and insuring lease from the 13th January 2016. The lease incorporates an open market rent review at the end of year 5. There is a tenant only option to break at the end of year 5. Tenants are responsible for the repair of the premises, together with the payment of local authority rates, service charges and building insurance.

VAT
We are advised that there will not be VAT applicable to the sales price.

Price
We are seeking offers in the region of €325,000.

Viewing
By appointment through sole selling agents.

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