Free cookie consent management tool by TermsFeed Policy Generator

16 Pembroke Cottages

Dundrum, Dublin 14

Sale Agreed 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
Sale Agreed
BER Details
Property Location
Documents
QRE Contacts
Jonathan Donnelly
Jonathan Donnelly
 

Surveyor

Jonathan joined QRE in 2021, after graduating from Technological University Dublin with a BSc (Hons)... View More

+353 87 701 8812

 

Email LinkedIn
Jonathan Hillyer
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

 

Email LinkedIn
Bryan Garry
Bryan Garry
MRICS MSCSI  

Director Investment

Bryan has over 13 years of experience in the Irish commercial property market. As Director of the In... View More

+353 83 391 8649

 

Email LinkedIn
Send us a message

News & Research.

QRE Q4 2023 Investment Market Analysis

QRE Q4 2023 Investment Market Analysis

An interesting quarter for the property investment market, seeing a total of 28 transactions, with a...
Q4 2023 Market Analysis €1m-€20m

Q4 2023 Market Analysis €1m-€20m

In addition to the overall market analysis, QRE also provide added analysis of the €1m-€20m sub-sect...
Thundercut Alley Restaurant, Unit 7, Block A, Smithfield Market, Smithfield, Dublin 7

Thundercut Alley Restaurant, Unit 7, Block A, Smithfield Market, Smithfield, Dublin 7

The former Thundercut Alley Restaurant is available for sale via QRE Real Estate Advisers. The freeh...