Commercial House, 28 Upper Lower Main Street, Rush, Co. Dublin

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€775,000

Retail Unit For Sale
2,153 sq. feet (200 sq. metres)

Rating:

Contact Name: John Cumisky

Selling Agent: Sherry Fitzgerald Cumisky Kelly

PSR Licence Number: 002340

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Property Description

This mixed-use investment property on Upper Main Street in Rush, Co. Dublin is situated on the busy thoroughfare between Skerries Road and Supervalu, at the heart of the town's central business district, with nearby operators including coffee shops, beauticians, Boyle Sports, butchers, a local pocket park etc. The property is well positioned and occupies a high-profile location, benefitting from a vehicular side entrance. Rush, a busy coastal town with two local beaches, is situated c. 21 km northeast from Dublin City centre, benefits from good public transport links to Dublin City Centre. The town continues to expand as it has become a popular commuter destination.

Super Town Centre Investment Opportunity
Three separate tenancies with recently renewed leases.
100% occupancy, no vacancy.
Total Passing Rent of c. 76,100 rising to c. 79,100 p.a.
No rent arrears - high growth area.
Suit private pension fund or other.


The property comprises a two-storey end of terrace mixed use investment property with a vehicular side entrance and an enclosed rear garden. The property is traditionally built with modern extensions to the rear providing for two take away restaurants at ground floor level and an overhead four bedroomed apartment. There are ancillary stores in the garden which is wall enclosed and can be accessed directly from Upper Main Street.

Accommodation & Tenancies
Ocean Inn
Lease 1 commercial.
Tenant: Ocean Inn, Upper Main Street, Rush
Lease: 21 years from 1st October 2023
Rent: 28,000 per annum.

Dilli
Lease 2 (assigned) commercial.
Tenant: Dilli, Upper Main Street, Rush, Co. Dublin.
Lease: 21 years from 1st January 2017
Rent: 18,500 per annum 01/01/2023 30/06/2025
21,500 per annum 01/07/2025 31/12/2027.

Residential
Lease 3 residential.
Tenant: 4 named individuals
Lease: leased from 01/05/2023
Rent: 28,800 per annum.

Total Rent Total rent: 76,100 rising to 79,100 per annum on 01/07/2025.

Ber Rating
Residential - B3 Ber No. 116374927
Retail: D2 Ber No. 800944076

Viewing Strictly by prior appointment with sole selling agent

Floor Areas Floor areas are provided for assistance only and are not to be relied on.
Intending purchasers must independently satisfy themselves as to correct areas.

BER Details

Energy Performance Indicator: 0.00 kWh/m2/yr

This property was last updated: today, 2 hours 10 minutes ago


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To: John Cumisky in Sherry Fitzgerald Cumisky Kelly
Subject: Retail Unit For Sale in Commercial House, 28 Upper Lower Main Street, ...
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Selling Agent

Sherry Fitzgerald Cumisky Kelly
21 Drogheda Street Balbriggan Co. Dublin

Contact Name: John Cumisky

PSR Licence Number: 002340

Show Number
This Retail Unit For Sale located at Commercial House, 28 Upper Lower Main Street, Rush, Co. Dublin is currently for sale. This property was last updated by Sherry Fitzgerald Cumisky Kelly today. Commercial House, 28 Upper Lower Main Street, Rush, Co. Dublin is priced as: €775,000 and has 2,153 sq. feet (200 sq. metres). View all properties for sale in Rush, Co. Dublin. View retail unit for sale in Rush, Co. Dublin.
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