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

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

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

94 Drumcondra Rd Lower, Drumcondra, Dublin 9, D09 Y43A, Ireland

For Sale

  • 94 Front 1
  • 94 Rear
  • 94 Rear a
  • Drumcondra Site in Red
  • Drumcondra Site in Red a
  • Front A Drumcondra
  • Front B

Property ID :

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Area

989 m2

Description

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 January 2015 expiring Oct 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]

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 €147,120 a year

BER: Exempt

Asking Price: On Application [Freehold]

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