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
