71 Thomas street, South City Centre - D8, Dublin 8

Sale Agreed Energy Rating D08Y92 210.4 m2
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Description

Excellent opportunity to acquire a mixed use freehold investment on one of Dublin most vibrant streets. On the ground floor there is a takeaway restaurant that is mid-way through a 10 year lease. They are currently paying €16,200 pa and the rent is due for review in August 2017. The current open market rental value would be €18,000 pa. There is a side entrance accessing two apartments. The first floor apartment is a one bedroom unit that is being rented for €9240 pa. It is in need of some modernization and reconfiguration to make best use of the space. Assuming this was done, the open market rent would be €19,200 pa. The second floor apartment is a two bedroom unit that is being rented for €11,400 pa. Again this is in need of modernization and reconfiguration. The potential rent one could expect is €21,600. 71 Thomas Street enjoys an excellent location in one of Dublin oldest districts. The street itself is home to Vicar Street music venue and the National College of Art & Design. There is a host of fashionable retailers and coffee shops on the street. College Green is only a short walk away with all the services and amenities the city has to offer.

Features

Current Rents p.a. Ground Floor €16,200 1st Floor €9,240 2nd Floor €11,400 Potential Rents p.a. Ground Floor €18,000 1st Floor €19,200 2nd Floor €21,600

BER Details

BER: D2
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Brock DeLappe Estate Agents
Brock DeLappe Estate Agents
Tel: 01 63...
PSRA Licence No. 002179

Date created: Jul 19, 2018

Brock DeLappe Estate Agents
Brock DeLappe Estate Agents
PSRA Licence No. 002179
Call Agent: 01 63...