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May
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Sussex Mews, 7 Sussex Terrace, Dublin 4

€1,500,000
- Development Land 265 m² / 2852 ft² For Sale
Edited > 3 years ago

Description

The property comprises an end of terrace building with car showrooms at ground floor with two 1 bedroom apartments overhead, each with their own separate access.

The adjoining property, which is currently under construction, comprises a four storey structure providing retail at ground floor with apartments overhead.
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Accommodation

SQM
Ground Floor 166
Apartment A 59 excluding balcony 1,559 sqm
Apartment B 40 excluding balcony 1,559 sqm

Viewing

Strictly by appointment through the sole agents.

Lease Information

The ground floor showrooms are leased to Chris Fleming Cars Ltd for 35 years from 1st July 1984 incorporating five year rent reviews. The current passing rent is €55,000 per annum.

The two 1 bedroom apartments at first floor level offer a potential annual income of €28,800.

Location

No. 7 Sussex Terrace is located adjacent to the Grand Canal at Leeson Street Bridge and within easy walking distance of the City Centre and Upper Baggot Street where all day-to-day amenities are available.

The surrounding area is of mixed use and there are a number of office developments recently completed nearby and while the potential re-development of the Burlington Hotel will further enhance the area.

Public transport to the area is good with a bus service along Leeson Street, while the closest Luas is at Charlemont, only 5 minutes walk away.
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Negotiator Details

Mark Smyth (Development Department) & Aaron Sherlock (Investment Department)

Interested in this Commercial Property?

Contact the Estate Agent about: Sussex Mews, 7 Sussex Terrace, Dublin 4
Knight Frank
  • Knight Frank
  • 8-34 Percy Place, Dublin City Centre, Dublin 4,
  • Phone: 01 662 3255
  • Fax: 01 661 8235

Knight Frank

agentLogo
  • Knight Frank
  • 8-34 Percy Place, Dublin City Centre, Dublin 4,
  • Tel: 01 662 3255
  • Fax: 01 661 8235

Contact the Agent:

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Mortgages

Finance this property from €384.43 per month per €100,000 borrowed with Bank of Ireland*

Bank of Ireland
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*Based on Mortgage for 35 years @ 3.0% APR Variable. For illustrative purposes, does not constitute a contract.

WARNING: YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY OTHER LOAN SECURED ON IT.

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