This investment or possible development opportunity comprises 1 & 3 Beechfield Ave, Cromwellsfort Road, Walkinstown is a dual aspect property occupies a very prominent Corner at the intersection of Cromwellsfort Road, and Beechfield Ave, Dublin 12 with adjoining lands/yards to the side and rear. This corner location guarantees a very high profile for any form of retail trading, both now and into the future.
AccommodationThe property extends to 0.2 hectares (0.494 acres).
The current use is a mixed commercial premises comprising of five commercial units (currently fully occupied). Tenants include Vanity Hair & Beauty, Teeth Whitening Fairies, Advance Tyres, John Barret and Mutz Nutz Pet Store.
FeaturesThe subject property produces an annual passing rent of €74,400 per annum.
1 Beechfield Avenue ground floor is leased to South Sea Hairdressing Ltd/T/A Vanity Hair & Beauty on a five year lease from July 2013.
Advance Pitstop occupy ground floor workshop/retail area with rear store on a 35 year lease from September 1991.
Teeth Whitening Fairies occupies the First Floor on the basis of an annual rolling lease from August 2017.
3 Beechfield Avenue ground floor is leased to Mutz Nutz on a 5 year lease from September 2012.
Advance Pitstop is part of the leading Advance Tyre Company Ltd of tyre service locations with at least 9 tyre centres in the city.
Mutz Nutz is a pet store and grooming service with another location in Tallaght.
The current zoning is ‘Zone Z14: To seek the social, economic and physical development and or rejuvenation of an area with mixed use of which residential and “ Z6” would be predominant uses.
Z6 : to provide for the creation and protection of enterprise and facilitate opportunities for employment creation.
The opportunity represents potential to be re-developed subject to planning consent, with limited development within the immediate area.
1 & 3 Beechfield Avenue is located on the Cromwellsfort Road and is 0.6km East of the Walkinstown Roundabout. 1 & 3 Beechfield Avenue is located to the west of Crumlin, Kimmage and Terenure Villages and is a main thoroughfare for access to the N7 & M50 road network.
Surrounding occupiers include The Ashleaf Shopping Centre, Red Cow Moran Hotel, Ballymount Industrial Hub, Long Mile Road retail.
The location is well served with public transport with a QBC on Cromwellsfort Road and The Luas Red Line at Kylemore.