Property Description

Smith and Butler Estates proudly present this commercial property featuring a spacious three-bedroom apartment on the first floor, situated in a prime location. The property is located on the south side of Shantalla Road near its junction with Beaumont Road, approximately 5km north of Dublin City Centre. Shantalla Road connects Beaumont Road with the old Swords Road at Santry Village via the Santry Bypass. The property is located in a parade of commercial units surrounded by a predominantly residential area. Other adjoining occupiers include Mace, Ladbrokes,
Alec’s chipper, Haven Pharmacy etc.

Description:
The property comprises a two storey terraced commercial unit, which forms part of a
parade of seven similar units. The property has the benefit of free shared parking to
the front and also a large enclosed rear yard with additional storage . The property
enjoys separate access to the first floor residential unit and also has the additional
benefit of rear access via a laneway, which runs along the rear of the premises.

Tenancies:
Indialink: Let on a 35 year FRI lease from 1 st , May 1998, subject to five yearly
upwardly only rent reviews. Current annual rent of €29,000. Approx. 55 Sq.M

First Floor: Option of vacant possession available. Approx. 66 Sq.M.

Other information:
The take-away is in operation for 20 plus years and the operator has a second outlet
in Portmarnock, with second generation family working in the business and it is well
maintained.

The residential unit was renovated in 2010 to include, full electrical rewire, new
electric storage heaters, internal dry lining and attic insulation to SEAI standard
(grant approved), new A-rated windows, replastering and redecoration, new fitted
kitchen, bathroom upgrade. Currently the apartment is in very good decorative
order.

Prime Location – Situated on the busy Shantalla Road with excellent transport links and high footfall.

Tenanted – Ground-floor retail unit occupied by premium tenant, providing immediate rental income.

Strong Investment Potential – Stable, long-term returns. Rent of €29,000 per annum on 35 year FRI lease from May 1998, subject to 5 year upward only rent review on ground floor unit.

Mixed-Use Asset – Combines retail and residential space, offering diverse income streams and reduced investment risk.

BER Details

Energy Performance Indicator: 0.00 kWh/m2/yr

This property was last updated: yesterday morning