For Sale By Private Treaty (Tenants not Affected) 4–7 THE COOMBE D u b l i n 8 (01) 637 55 55 qre.ie Investment Considerations Transport •A City Centre Residential-led Investment The property is situated in close proximity to a QBC with numerous Dublin Bus routes providing access to the City Centre and the suburbs. The Luas Green Line at St. Stephen’s Green is a 12 minute walk from the property. •Comprising 5 x apartments and 2 x retail units •Total passing rent €66,776 per annum •Vacant possession of 1 x retail unit (value add opportunity) •Guide price €850,000 Description •NIY 7.5% Location Dublin 8 is located on the south side of Dublin City Centre. The subject property is located along the Coombe Road, close to the intersection with Patrick Street and New Street. The area offers a range of amenities and attractions including St Patrick’s Cathedral, Christ Church Cathedral, Vicar Street, The Coombe Maternity Hospital, St James’s Hospital and The Guinness Storehouse. One of Dublin’s prime shopping streets, Grafton Street, is located approximately 1.4km to the east. The Property The property comprises a semi-detached mixed use development. The building is arranged over four floors. Internally the property provides 2 x ground floor retail units (one of which is finished to shell and core), together with 3 x two bedroom apartments and 2 x one bedroom apartments. Accommodation A schedule of accommodation is set out below: Accommodation Sq. m Sq. ft Retail Unit 1 Unit Shell and Core Retail 46,16 495 Current Rent P.A. Vacant Retail Unit 2 Take Away 58.10 625 €9,776** Apartment 6 1-Bedroom apartment 41.91 451 €12,000 €10,200 Apartment 7 2-Bedroom apartment 47.98 516 Apartment 8 1-Bedroom apartment 41.91 451 €10,200 Apartment 9 2-Bedroom apartment 47.98 516 €12,600 Apartment 10 2-Bedroom apartment 47.98 516 €12,000 Total €66,776 **Retail Unit 2 is subject to an informal tenancy in favour of Indian Signature at a current rent passing of €9,776 per annum or €188 per month. Prospective purchasers are advised to satisfy themselves in relation to all measurements. BER Title Long Leasehold VAT Any VAT arising from the sale will be a matter for the purchaser. PSRA Registration No. 003587 BER Rating: E1 - F BER Number: Available upon request Energy Performance Indicator: 331.31 kWh/m²/yr - 409.83 kWh/m²/yr QRE Contacts Ellen Prenderville [email protected] Bryan [email protected] The agents on their own behalf and on behalf of the vendor/lessor of this property, give notice that: (a) these particulars do not constitute in whole or in part an offer or contract for sale or lease; (b) none of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact; and (c) the vendor/lessor does not make or give, and neither the agents nor any of its members or any person in its employment has any authority to make or give, any representation or warranty whatsoever in relation to the property. The only representations, warranties, undertakings and contractual obligations to be given or undertaken by the vendor/lessor are those contained and expressly referred to in the written contract for sale or agreement for lease between the vendor/lessor and a purchaser or tenant. Prospective purchasers or tenants are strongly advised to: (a) satisfy themselves as to the correctness of each statement contained in these particulars; (b) inspect the property and the neighbouring area; (c) ensure that any items expressed to be included are available and in working order; (d) arrange a full structural (and where appropriate environmental) survey of the property; and (e) carry out all necessary searches and enquiries. Any representation including descriptions, dimensions, references to condition, permissions or licenses for uses or occupation, access and any other details are given in good faith and are believed to be correct, but any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves (at their own expense) as to their correctness. (01) 637 55 55 [email protected] qre.ie
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