The subject property occupies a prime location in the heart of Dalkey Village, a South Dublin suburb approximately 13km from the City Centre and which is immediately convenient to Dun Laoghaire and Monkstown. The property is located on northern side of Castle Street which is the main retail street in the village. This affluent village is a thriving seaside suburb and tourist attraction which is famous for its award winning pubs, restaurants and celebrity residents. The village has a population of 8,000 and forms part of the borough of Dun Laoghaire Rathdown, which has a population of just over 200,000. Transport facilities are provided via the N31 and N11 motorway approximately 2km to the west. Dalkey DART Station provides regular trains to Dublin city centre, along with a number of bus routes from the town. Commercial occupiers within the immediate vicinity include Jaipur Indian Restaurant, Benitos Pizze-ria, Devilles, Supervalu and The Queens Pub.
Property Description• Prime Retail investment • Two storey mid-terrace building extending to approximately 151 Sq.m (1,621 Sq. ft) • Entire let to PBR Restaurants Ltd t/a Ouzos Restaurant for a term of 35 years from 1st October 2004 -23 yrs Term Certain • The lease provides for upwards only rent reviews every 5th year. • Total current rent passing of €72,500 p.a. • NIY of 8.67%
Property Size/Area151 Sq.m (1,621 Sq.ft)
TitleFreehold
VATAny VAT arising as a result of the transaction will be the responsibility of the purchase
BER Rating
800452419 - C2
Energy Performance Indicator765.46 kWh/m²/yr 123
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