Property Overview
- Features
- Location
The subject property comprises a ground floor retail unit constructed in circa. 2000 and extending to 1,080 sq.ft (100 sq.m) and benefits from an enclosed rear courtyard. The unit forms part of a mixed-use development with modern residential apartment overhead.
The property is currently leased to a dental practice and is finished to a very high standard. The current fit-out provides for a reception area, three dental surgeries, staff facilities, storage area and customer/staff toilet.
All interested purchasers are specifically advised to verify the floor area and undertake their own due diligence.
Tenancy
The subject property is leased to Portman Healthcare Holdings (Ireland) Ltd on a 35-year lease from 1st November 2000 at a passing rent of €56,000 per annum with a tenant break option in 2030 and parent guarantee from Portman Healthcare Ltd UK.
Tenure
Long leasehold
Price
Offers are sought in excess of €785,000, which represents a NIY of 6.50% after the deduction of standard acquisition costs at 9.96%.
Further Information/Viewings
Strictly by appointment only with the selling agent Lisney.
For further information please contact:
Thomas Byrne
BER information
E2
BER number available upon request
The subject property comprises a ground floor retail unit constructed in circa. 2000 and extending to 1,080 sq.ft (100 sq.m) and benefits from an enclosed rear courtyard. The unit forms part of a mixed-use development with modern residential apartment overhead. The property is currently leased to a dental
The subject property comprises a ground floor retail unit constructed in circa. 2000 and extending to 1,080 sq.ft (100 sq.m) and benefits from an enclosed rear courtyard. The unit forms part of a mixed-use development with modern residential apartment overhead.
The property is currently leased to a dental practice and is finished to a very high standard. The current fit-out provides for a reception area, three dental surgeries, staff facilities, storage area and customer/staff toilet.
All interested purchasers are specifically advised to verify the floor area and undertake their own due diligence.
Tenancy
The subject property is leased to Portman Healthcare Holdings (Ireland) Ltd on a 35-year lease from 1st November 2000 at a passing rent of €56,000 per annum with a tenant break option in 2030 and parent guarantee from Portman Healthcare Ltd UK.
Tenure
Long leasehold
Price
Offers are sought in excess of €785,000, which represents a NIY of 6.50% after the deduction of standard acquisition costs at 9.96%.
Further Information/Viewings
Strictly by appointment only with the selling agent Lisney.
For further information please contact:
Thomas Byrne
BER information
E2
BER number available upon request
- High profile ground floor retail unit located in Dalkey Village
- Excellent unexpired lease term of 9.20 yrs to break and 14.20 yrs to expiry
- Current rental income of €56,000 per annum
- Single lease for the entire
- Net initial yield 6.50% (based on the guide price)
- Tenant not affected
The subject property is located in Dalkey Village and benefits from excellent road frontage onto Ulverton Road. Given the high-profile position of the subject property, it benefits from a strong number of both pedestrian and vehicular traffic.
Dalkey is a prestigious coastal suburb, home to numerous popular bars, restaurants and boutique shops to include Supervalu, O’Brien’s Off Licence, Ouzo’s Restaurant, The Kings Inn and The Queens Bar & Steak Room.
Dalkey is approx. 16 km southeast of Dublin city centre. The area is well serviced by public transport, with DART at Dalkey Dart station and numerous bus routes.
The subject property is located in Dalkey Village and benefits from excellent road frontage onto Ulverton Road. Given the high-profile position of the subject property, it benefits from a strong number of both pedestrian and vehicular traffic. Dalkey is a prestigious coastal suburb, home to numerous
The subject property is located in Dalkey Village and benefits from excellent road frontage onto Ulverton Road. Given the high-profile position of the subject property, it benefits from a strong number of both pedestrian and vehicular traffic.
Dalkey is a prestigious coastal suburb, home to numerous popular bars, restaurants and boutique shops to include Supervalu, O’Brien’s Off Licence, Ouzo’s Restaurant, The Kings Inn and The Queens Bar & Steak Room.
Dalkey is approx. 16 km southeast of Dublin city centre. The area is well serviced by public transport, with DART at Dalkey Dart station and numerous bus routes.
Accommodation
| Description | Sq.m | Sq.ft |
|---|---|---|
| Ground Floor | 100 | 1080 |
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