The subject property consists of a 50% in the long leasehold interest in the ground floor retail unit, which extends to approximately 510 sqm (5,490 sqft). The unit is regular in shape and occupies a prominent position at the junction of Dolphin’s Barn and Reuben Street, Dublin 8.
The entire is leased to Triode Newhill LLP Limited t/a Spar on a 25 year lease from November 2006 (no break options) and is guaranteed by BWG Foods Unlimited Company. The lease is subject to five yearly rent reviews which operate on an ‘upward only’ terms. Internally, the tenant has divided the unit to provide for an Insomnia, Subway and a local Post Office.
The 50% interest generates an annual rent of €80,000 per annum.
BER: C1 BER No.800605214
The Ice Rink development occupies a prominent position at the junction of Dolphin’s Barn and Reuben Street, Dublin 8. The building is close to both The Coombe Hospital (100 metres) and St. James’ Hospital (1km), while St. Stephen’s Green and all of the amenities of the city centre is just 2.2km away (25min walk) via Cork Street.
The location is excellently served by public transport with the Fatima LUAS Stop (Red Line) situated just 600 metres north of the property on James’ Walk and Dublin Bus operating a number of services along Cork Street / Dolphin’s Barn to and from Dublin city centre / south suburbs.
The Ice Rink development was constructed in circa 2006 and comprises a mixture of residential, office and retail accommodation.