Property Description

INVESTMENT PROPERTY WITH DEVELOPMENT POTENTIAL S.P.P;

Substantial extended and refurbished two-storey terraced commercial premises let to two excellent tenants.

The total floor area extends to C.146 m2 C,1571sq.ft, There is a yard to the rear of C. 58m2 C, 625 sq ft with its own access and offers the possibility for development S.P.P.


LOCATION
Located in the affluent suburb of Stillorgan Co Dublin across from the Stillorgan Shopping centre.

The area is experiencing a huge increase in new residential development.

The area is home to the Stillorgan Shopping Centre, one of Ireland`s oldest shopping centers, which provides an array of retail stores, supermarkets, and dining options. There are also smaller local shops, pubs, and restaurants in the area.



Stillorgan has excellent transport connections. It`s served by multiple bus routes that connect it to Dublin city center, and the nearby Stillorgan Luas station on the Green Line provides a quick commute to central Dublin and southward towards Sandyford and Cherrywood. Additionally, its proximity to the N11 and M50 roads makes it easy for drivers to reach other parts of Dublin and beyond.


TENANCIES
Both tenants have statutory rights
Ist Lease, Let To Queen Hair Stillorgan Limited from 1st December 2023 for 4 years nine months at an initial annual rent of €30,000 . This increases to €36000 per annum from May 1st 2025

2nd Lease. Let to Laurence Coogan and Anne Coogan From 1st March 2023 for 6 years at an annual rent of €11000


SPECIAL NOTICE
All measurements are approximate and photographs provided for guidance only. We shall have no liability for any errors in the measurements and interested parties should conduct their own survey. We have not tested any equipment.

Notice
Intending purchasers must satisfy themselves as to the accuracy
of all information and measurements in this listing. Any particulars
provided are for guidance only and do not constitute a contract or a part of
one. We do not accept responsibility for any loss or damage arising from
reliance on this information. Purchasers should seek independent legal and
professional advice.

BER Details

Energy Performance Indicator: 0.00 kWh/m2/yr

This property was last updated: 234 days ago