Unit 1 The Watermint, Cabinteely, Dublin 18

Sale Agreed

Beds
Price	Sale Agreed
Property Type	Investment Property
Size	95 meters²
Energy Rating	BER-C1
Refreshed on
Eircode
Group Name	Owen Reilly
Sales License Number	002370

Description

Retail investment property in the middle of Cabinteely, a thriving suburban village in this leafy residential neighbourhood of South County Dublin. Occupying a central position in the bustling village of Cabinteely and adjacent to the gates of the expansive Cabinteely park with its many family-friendly facilities and activities throughout the year, the unit represents a rare investment opportunity in the heart of this densely populated and highly desirable residential area. The own door retail unit has just been let to Pizza Republic on a new 15 year IRI lease at a rent of €25,000 per annum. Investors will expect a yield of c. 8.1% once standard purchaser’s costs are deducted, with potential for strong reversionary value with future rent reviews. This self-contained, ground floor retail unit in The Watermint development extends to c. 95 sq. m. / 1,022 sq. ft. and benefits from 10 m. of frontage on the main street. The current tenant, Pizza Republic, has recently completed a very high end fit out and has just opened. Located just off the N11 and a short drive from the M50, Cabinteely is perfectly positioned with respect to main arteries into the Capital from South County Dublin, Wicklow and beyond. The premises is a short walk from a number of schools, crèches, offices, Cabinteely Park and many surrounding residential developments.

BER Details

BER: C1

Description

BER Details

BER: C1