1 & 2 Meadowview, Sarsfield Road, Ballyfermot, Dublin 10

€1,195,000 Energy Rating D10 P710 2906 Sq.ft
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Description

PROPERTY PARTNERS O'BRIEN SWAINE are delighted to offer this mixed-use investment opportunity consisting of two ground floor retail units with two first floor apartments above. Set back from Sarsfield Road with ample parking to the front of the development this is a superb opportunity to acquire a good rental return on an extremely busy thoroughfare leading with heavy footfall and regular passing trade. The current tenants of the retail units are Paddy Power (Unit 1) and Mr. Wu Chinese Take Away (Unit 2) The apartments are both presented in excellent condition and are accessed via a communal front door in between the retail units. The overall passing rent is €104,736 per annum Sarsfield Road is a link Road between Ballyfermot and the Chapelizod bypass. The location is approximately 5 kilometres from Dublin City Centre and 4 kilometres from the M50 motorway. The location is surrounded by a host of amenities including the Phoenix Park, Heuston Mainline Train Station and a short distance from the Red Luas Line. Retail Unit 1: Floor: Ground Floor Size: 103.5 sq metres Tenant: Paddy Power Lease Term: 25 years from January 2007 Rent: €45,000 per annum Apartment 1A: Floor: 1st floor Size: 52 sq m €" 2 bedrooms Tenant: Sitting tenant Rent: €20,016 per annum Retail Unit 2: Floor: Ground Floor Size: 63.65 Tenant: Mr Wu Lease Term: 25 years from June 2013 Rent: €21,000 per annum Apartment 2A: Floor: 1st Floor Size: 52 sq metres Tenant: Sitting Tenant Rent: €18720 per annum Commercial Rates: Unit 1: €2904.72 Unit 2: €2765.49

BER Details

BER: C1
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Property Partners O'Brien Swaine
Property Partners O'Brien Swaine
Tel: 01 45...
PSRA Licence No. 004224

Date created: Sep 5, 2023

Property Partners O'Brien Swaine
Property Partners O'Brien Swaine
PSRA Licence No. 004224
Call Agent: 01 45...