19- 21 Clanbrassil Street Lower, Dublin 8

Asking Price: €1,300,000

Property Location

The property occupies a prominent pitch along Clanbrassil Street Lower in Dublin 8. The property is located on the eastern side of Clanbrassil Street Lower and extends onto Daniel Street to the north. The local area offers a mix of services and amenities including St. Patrick’s Cathedral, The Coombe Hospital, Teeling Whiskey Distillery and DIT Aungier Street. One of Dublin’s prime shopping streets, Grafton Street, is located approximately 1.3km to the east.

Property Description

The property is arranged to provide a part two/ three storey mixed use development. Overall, the development provides 2 x ground floor retail units, 2 x two bedroom apartments, 1 x three bedroom duplex apartment and 1 x three bedroom mews house.

Property Specification

Investment Considerations • City Centre Mixed Use Investment • Comprising 2 x retail units, 2 x 2 bedroom apartments, 1 x 3 bedroom apartment and 1 x 3 bedroom house • Part tenanted/ part vacant (Value add opportunity) • Total rent reserved €34,800 per annum (with vacant possession of 4 x units) • City centre location close to St Patrick’s Cathedral, Griffith College and Camden Street

Lease Terms

Two of the six units are subject to tenancies at a total reserved rent of €34,800 per annum. The remaining units are being sold with vacant possession which allows for value enhancement opportunities.

Property Size/Area

Total floor area extending to approximately 333 sq. m (3,585 sq. ft)

Title

Freehold

VAT

Please refer to the agent

BER Rating

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BER Number

Available upon request

Energy Performance Indicator

238.53 kWh/m²/yr 1.57- 2392.76 kWh/m²/yr 3.27

Particulars

Unit

Floor

Use

Sq. m

Sq. ft

Tenancy

Rent p.a.

19

Ground floor

Retail unit

46.9

501

Vacant

-

20 (Apt 1)

First floor

Two bedroom apartment

47.8

514

Vacant

-

20 (Apt 2)

Second Floor

Two bedroom apartment

47.8

514

1 Year lease from 1st Oct 2015 (overholding)

16,800

21

Ground floor

Retail

56.4

607

Vacant

-

21

First and Second Floor

Three bedroom apartment

79.1

851

Vacant

-

Mews

N/A

Three bedroom house

55.6

598

Residential tenancy

18,000

-

-

-

333.6

3,585

-

34,800

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