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IrelandDublinDublin CountyMalahide5 & 6 St James's Terrace, Malahide, County Dublin

€2,200,000

5 & 6 St James's Terrace, Malahide, County Dublin

8911ft 2Energy RatingInvestment Property Refreshed on Jun 16, 2021
#3 of 5 Properties Viewed in Malahide
Colliers (Commercial)
Colliers (Commercial)
Tel: 01 633 3700
PSRA Licence No. 001223
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Description

Location 5 & 6 St. James’s Terrace are located in a prominent position in the heart of the affluent village of Malahide. The buildings boast spectacular views overlooking Malahide Beach, Yacht and Tennis Clubs. St. James’s terrace is located in a vibrant area just off the main street, close to a host of bars, restaurants, shops and cafe’s, including Donnybrook Fair, Gibneys and Il Sorriso. Malahide is home to a number of well known commercial occupiers including AIB, Ulster Bank, Peter Mark and EBS. Malahide is located approximately 18km’s from Dublin City Centre along one of the most beautiful stretches of coastline in the country. Malahide Castle and its stunning grounds are located just 1km away, while Malahide Marina, Golf Club and The National Cricket Venue, Malahide Cricket Grounds are all within close proximity. Dublin City Centre is easily accessible, Malahide Dart Station is just a 2 minute walk from St. James’s Terrace and Dublin Bus provides regular access to the city from directly outside the property. There is a direct bus to Dublin Airport from the corner of St. James’s Terrace and the Malahide Coast Road. Description 5 & 6 St. James’s Terrace comprises two adjoining three storey over basement period buildings extending to approximately 8,911 sq ft (GIA). The buildings present in excellent condition having been superbly maintained by the current owners and retain many original features including decorative cornicing, ceiling roses and sash windows. The popular Jaipur Restaurant occupy the basement level of no. 5 while Natural Organic Hairdressers occupy the ground floor and return, both tenants have the benefit of own door access. Wow Fitness and Sail Training Ireland occupy the basement of no. 6 and also have the benefit of own door access, while Complimentary Healthcare and Collab Design occupy the ground floor and return. The first and second floors of the two buildings are interlinking and laid out to provide bright individual office suites with toilet facilities located on the second floor. General specification in the office suites include carpeted floors, perimeter trunking and inset fluorescent lighting. The property has the benefit of 8 car parking spaces to the rear which are accessed from Townyard Lane.

Features

-Two impressive interlinking three storey over basement period buildings -Extends to 8,911 sq ft (GIA) -Gross rental income of €133,920 per annum -Fully let -Superb location -overlooking Malahide beach and yacht club -Highly reversionary

BER Details

BER: Exempt