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Unit 3, Oblate View, Inchicore, Dublin 8

Sale Agreed D08A3CK 38.3 m2
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Unit 3, Oblate View, Inchicore, Dublin 8

Sale Agreed

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Price Sale Agreed
Property Type
Size 38.3 meters2
Energy Rating BER-
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Eircode D08A3CK

Description

A fantastic investment opportunity, a large open-plan main street retail unit with an established tenancy in a thriving location. ***TENANT NOT AFFECTED*** The property is currently being used as a Child's Daycare/Montessori, operating with a strong established client base. The current tenant is on a 4 year 9 month FRI lease ending in May 2023. The property achieves €13,800 per annum in passing rent. The property has a good yield potential of 6.3% . The tenant is responsible for paying both the block management fees and Council Rates. The property has floor to ceiling windows providing a fantastic shop front to attract trade. The property briefly consists of a large open-area shop floor and a W.C. The property is ideally situated along Tyrconnell Road, the main transport ink through Inchicore which sees a large amount of passing trade, both vehicular and pedestrian, from the City Centre and the Naas Rd.

Features

Current Use- Childcare/Montessori Passing Rent- €13,800 p/a Yield Potential-6.3% Lease Commencement- 2nd May 2018 Lease Length- 4 years, 9 months FRI Lease DCC Rates-€3,526.80 p/a (Payable by Tenant) Management Fee-€850 p/a (Payable by Tenant) Large Front Window Display Fantastic Main Street Situation

Description

A fantastic investment opportunity, a large open-plan main street retail unit with an established tenancy in a thriving location. ***TENANT NOT AFFECTED*** The property is currently being used as a Child's Daycare/Montessori, operating with a strong established client base. The current tenant is on a 4 year 9 month FRI lease ending in May 2023. The property achieves €13,800 per annum in passing rent. The property has a good yield potential of 6.3% . The tenant is responsible for paying both the block management fees and Council Rates. The property has floor to ceiling windows providing a fantastic shop front to attract trade. The property briefly consists of a large open-area shop floor and a W.C. The property is ideally situated along Tyrconnell Road, the main transport ink through Inchicore which sees a large amount of passing trade, both vehicular and pedestrian, from the City Centre and the Naas Rd.

Features

Current Use- Childcare/Montessori Passing Rent- €13,800 p/a Yield Potential-6.3% Lease Commencement- 2nd May 2018 Lease Length- 4 years, 9 months FRI Lease DCC Rates-€3,526.80 p/a (Payable by Tenant) Management Fee-€850 p/a (Payable by Tenant) Large Front Window Display Fantastic Main Street Situation
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Price Changes in Inchicore
1b Ring Terrace, Inchicore, Dublin 8
-€75,000 (-21.43%)
€349,950 €274,950
28th Feb 24
EXEMPT
View All Price Changes
Price Changes In Inchicore
Brock DeLappe Estate Agents
Brock DeLappe Estate Agents
Tel: 01 63...
PSRA Licence No. 002179

Date created: Feb 24, 2020

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