Property Description

For Sale by private treaty (tenants not affected)

Superb Investment opportunity


This immaculate 3 storey over basement dual fronted landmark property built circa late 1800s comes to market with an impressive GIY of 8.25%. The subject property prominently located in the upmarket area of Grangegorman and surrounded by the increasingly sought after addresses in Stoneybatter has been well maintained and is currently fully let with a rent roll of €78,400 per annum.

The period property encompasses a busy licensed premises trading as the Barbers Pub.
Barbers' pub has exclusive possession of c. 114 sqm. of space as part of the 15-year lease. The pub extends the entirety of the ground floor and to the cellar, the licensed premises also has use of storage space on the first floor separate to the apartments. A pub has occupied the street corner for many years and is prominent in the community.

The two apartments extend over the 1st and 2nd floor. Each apartment occupies an entire floor and have 3 bedrooms each. The apartments have own door access onto Fitzwilliam Place. The residential extends to c.138sq.m.

Location

Located in the heart Grangegorman 19 Stanhope terrace enjoys being in the immediate vicinity of TUD Grangegorman a major university in Ireland while also being a stone's throw from the city centre. The property is adjacent to the Swuite student accommodation with Yugo student accommodation further down the street. These developments have benefited the street greatly with added footfall and modern fresh amenities.

The property is serviced by an ample selection of transport that include, bus, rail, and LUAS. Green line accessible from the Broadstone luas stop and Luas red line accessible from Smithfield luas stop. Heuston station is located 1.6km and Connolly station 2.6km from the property providing for national rail service and local commuter trains. Bus lines 155, 26, 39, 39A, 4 are all nearby.

Features:

- Proximity to city centre
- Fully Let
- Ample transport links in vicinity
- Rent Roll: €78,400 per annum
- GIY of 8.25%

BER Details

Energy Performance Indicator: 0.00 kWh/m2/yr

This property was last updated: 102 days ago