|Property Type||Investment Property|
SOLD The Christchurch car park was built in c. 1990 and is an in-situ reinforced concrete multi-storey car park providing 214 car spaces. It extends over three / four floors on a site area of approximately 0.4 acres / 0.16 hectares. The property has been occupied since 1st January 2014 by Q-Park under a FRI lease, originally for 5 years expiring end December 2018 but since extended to expire 30th June 2019. The tenant has signed a Deed of Renunciation providing the new owner with the flexibility to determine the future use of the car park.
Established City Centre Location Multi-storey car park with 214 spaces For Sale by Private Treaty Vacant Possession available from 30th June 2019 Located to the rear of Jurys Hotel, Christchurch, Dublin 8 Let to Q-Park on a FRI lease expiring end June 2019 The tenant has signed a Deed of Renunciation Flexibility for purchaser to lease or owner operate Z5 City Centre zoning Direct link to Jurys Hotel Future development potential (subject to planning permission)
This outstanding car park is on the south west side of the CBD in the oldest part of Dublin, approximately half way between Christchurch Cathedral and Wood Quay/Tempe Bar, which is the Headquarters of Dublin City Council and a highly popular tourist area. Dublin 8, including the adjoining High Street and Thomas Street, is one of the most rapidly developing areas of the city, with new offices, retail and student & residential accommodation. Demand for car parking is therefore likely to further strengthen over the short to medium term.
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Date created: Mar 22, 2019