16 Pembroke Cottages
Dundrum, Dublin 14
Sold
Guide Price €440,000
Property Highlights
- Two-storey single let investment
- Extending to approximately 100 sq.m. (1,076 sq.ft.)
- Excellent main street location
- Fully let to LMRBFR Ltd trading as The Craft on a 25 year lease at a passing rent of €35,000 p.a. (lease expiry 2044)
- Guide Price €440,000
- Net Initial Yield of 7.23% (after standard purchaser costs of 9.96%)
- Attractive capital value of €409 per sq.ft.
- Tenant not affected.
Property Location
The subject property is located in Dundrum Village Centre positioned onto Main Street Dundrum. It is in close proximity to Dundrum Luas Station and Dundrum Town Centre (Ireland’s premier Shopping Centre).
The Dundrum Road is a key arterial route with ease of access to the city centre (approximately 5km north), M50 and N11. The Luas green line at Dundrum is a circa 2 minute (100m) walk from the property. Nearby occupiers include Dundrum House, Cut + Sew, Yala Dublin and FLYfit Dundrum.
Property Description
The subject property comprises a two storey mid terraced single let building extending to approximately 100 sq.m (1,076 sq.ft).
Externally the property benefits from a red brick facade, pitched slated roof and double glazed windows. The property enjoys pedestrian access to rear lane of Pembroke Cottages.
Internally the entire property is trading as a hair salon. The ground floor is predominantly open plan. The first floor comprises additional salon space and storage space with fitted kitchenette.
Property Size/Area
100 sq.m. (1,076 sq.ft.)Property Status
SoldBER Details
Property Location
Documents
QRE Contacts
Jonathan Donnelly
Surveyor
Jonathan joined QRE in 2021, after graduating from Technological University Dublin with a BSc (Hons)... View More
+353 87 701 8812
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Jonathan Hillyer
MRICS MSCSI
Consultant Investment & Advisory
Jonathan has 20 years’ experience in the Irish commercial property market. He is a recognised expert... View More
+353 86 067 7747
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