€550,000 -€50,000 on 3rd Nov 17
The subject property is located at Alexander Walk in the heart of Dublin City Centre. Alexander Walk is the former site of the Adelaide Hospital and has now been transformed into a landmark mixed use commercial and residential development. Alexandra Walk is situated in this much sought after city centre development only 5 minutes walk from St. Stephens Green, Dublinâ€™s prime city retail area at Grafton Street, Temple Bar, Trinity College and The Royal College of Surgeons. This investment is being sold with tenants not affected. The property has every possible amenity on its doorstep including excellent shops, restaurants and transport links.
Perfectly located within easy reach of the Dublin financial, business, shopping, leisure and entertainment centres, Alexandra Walk also shares its neighbourhood with elegant reminders of the rich historical and religious past of Dublin - cathedrals, libraries, museums and galleries.
From this prime city centre location, there are excellent transport links just a few minutes walk away is a QBC on Aungier Street and Dame Street, the LUAS Green line at Stephens Green servicing Dublinâ€™s South side to Dundrum/Sandyford, while Pearse Street Dart station is 10 minutes walk away.
The property is currently trading as \"Whitefriars Creche & Montessori\" employing 15 staff and caring for approximately 45 children. The property currently produces a passing rent of €42,000 and the current lease agreement expired on the 1st June 2017. We estimate the current rental value for this property to be in the region of €55,000 per annum. The Creche is ideally located in the City Centre where there is a high demand for childcare support. The property could also suit a variety of occupiers or investors seeking a ce ...