Drumcondra Dublin 9 – Investment/Development – 4 Apts, 4 Commercial + Development Site subject to PP

FOR SALE

Investment – 4 Retail Units & 4 Apartments
+ Development Site [rear of building] subject to PP

 Located at 94 Lower Drumcondra Rd, Drumcondra, Dublin 9 – DO9 Y43A

Detached 2 Storey Building of 478m2 with rear Site [Development, subject to PP] of 511m2, total site area 989m2; property fully tenanted.

RETAIL/COMMERCIAL UNITS:

Unit 94A Lr Drumcondra Rd let to Bread & Butter [The Lovely Food Co] on a 4 year 9 month Tenancy from Sept 22nd 2019 [includes the forecourt direct in front of 94A]]

Unit 94B Lr Drumcondra Rd let to Allure Beauty & Spa on a 4 year 9 month Tenancy from April 2017 expiring January 2022

Unit 94C Lr Drumcondra Rd let to the Lovely Food Co on a 4 year 9 month Tenancy from April 2017 expiring January 2022 [includes the forecourt directly in front of 94C]

Unit 94D Lr Drumcondra Rd let to the Lovely Food Co on a 4 year 9 month Tenancy from April 2018 expiring January 2023  [includes the forecourt directly in front of 94D]

[NOTE, 94C & 94D have been combined & trade as 1 unit including the forecourt; all Tenant’s have expressed interest in having longer term tenancies]

ALL Retail Units due for Rent Review in 2022.

APARTMENTS

Apartment 1 – 2 Double Bedroom

Apartment 2 – 2 Double Bedroom

Apartment 3 – 3 Double Bedroom

Apartment 4 – 2 Double Bedroom

SITE

To rear of main building with access through the building & immediately to the right of the building; area 511m2

Current Total Rent Roll €152,700 a year

BER: Exempt

Asking Price: On Application [Freehold]