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IrelandDublinDublin 5ArtaneInvestment Opportunity - 4 Retail Units, Timber Mills, Kilmore Road, Artane, Dublin ,Dublin 5, D05 NX71

€950,000

Investment Opportunity - 4 Retail Units, Timber Mills, Kilmore Road, Artane, Dublin ,Dublin 5, D05 NX71

806.03m 2Investment Property Refreshed on May 21, 2020
Lisney Commercial Dublin
Lisney Commercial Dublin
Tel: 01 638 2700
PSRA Licence No. 001848
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Description

4 generous sized retail units with ample customer car parking in a high-profile location opposite Artane Castle Shopping Centre and McDonalds For sale in one or more lots Excellent investment opportunity with current rental income €70,000 p.a. exclusive from 3 units plus further potential income of approx. €22,000 p.a. from vacant Unit 3. Actual and potential income approx. €92.000 p.a. exclusive. €28,500 p.a. €22,000 p.a. €22,000 p.a. ERV €19,500 p.a. Total retail floor area approx. 806 sq. m. (8,676 sq. ft.) GIA Adjacent Tesco, Penneys, Lidl, McDonalds, Maryfield Crescent and Butterly Business Centre Development also contains 197 apartments and Cocoon Creche Situated only 5km from the City Centre, close to Malahide Road, Port Tunnel and M50

Features

4 generous sized retail units Ample customer parking High-profile location For sale in one or more lots

Location

The property is situated in a convenient and highly accessible location opposite Artane Castle Shopping Centre on the northern side of Kilmore Road beside Butterly Business Centre, 500m from the junction with the Malahide Road (R107). Artane is a vibrant residential area and benefits from access onto the M1/M50 Motorways via the R104 and is a 15-minute drive from Dublin Airport (9km). Nearby occupiers include Tesco, Penneys, DID Electrical, Lidl and McDonalds. This is an established residential neighbourhood with schools, sports facilities and Beaumont Hospital (1.7km). The area is well serviced by public transport with the 27A bus in the immediate vicinity while there is also a range of buses on the nearby Malahide Road and the DART is within walking distance.

Negotiator Details

Ross Shorten