8,10,12 Lower Kilmacud Road, Stillorgan, Co. Dublin

Asking Price: €3,100,000

Property Location

Stillorgan is an affluent south Dublin suburb. The subject properties are located in a prominent position along the Lower Kilmacud Road in Stillorgan Village, opposite the Stillorgan Shopping Centre. The Lower Kilmacud Road links Drummartin Road and the N11. The buildings form part of a high profile parade of shops with occupiers including Ulster Bank, Lidl, AIB, The Odeon Cinema and O’Briens Wine.

Property Description

The opportunity consists of 3 x mixed use buildings extending to approximately 663 Sq. m (7,167 Sq. ft) in total (NIA). Each building is arranged over lower ground (storage), ground and first floors. No 8 comprises an end of terrace building extending to approximately 189 Sq. m (2,034 Sq. ft). The property is arranged to provide a ground floor retail unit (terms agreed), with a first floor restaurant (let to Casanova’s Woodfired Pizza). No 10 comprises a semi-detached building extending to approximately 241 Sq. m (2,594 Sq. ft). The property is arranged to provide a ground floor takeaway (Aprile), with a first floor restaurant (Aprile Italian Restaurant). No 12 comprises a semi-detached building extending to approximately 236 Sq. m (2,541 Sq. ft). The property is arranged to provide a ground floor bookmakers (Boyle Sports), with first floor offices overhead (Gleeson McGrath Baldwin Solicitors). All units benefit from independent access.

Property Specification

High profile mixed-use investment opportunity. Total floor area extending to approximately 663 Sq. m (7,167 Sq. ft) NIA. Tenants include Casanova’s Woodfired Pizza, Aprile, Boylesports and Gleeson McGrath Baldwin Solicitors. Total passing rent €262,000 per annum Guide Price €3,100,000 (Net Initial Yield 8.09%)

Annual Rent

€262,000 p.a.

Property Size/Area

Approximately 663 sq.m. (7,167 sq.ft.)

Title

Long Leasehold

VAT

Any VAT arising as a result of the transaction will be the responsibility of the purchaser

BER Rating

BER Number

Available on request

Energy Performance Indicator

409.09 kWh/m²/yr 0.79 - 938.55 kWh/m²/yr 2.31