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For Sale

Timothy Crough's 1 St. Vincent Street / Emmet Road,

Inchicore, Dublin 8, D08 WT0A
Guide price
€3,100,000
Investment Property, Licensed & Leisure Property

Property Overview

Timothy Crough’s represents an excellent opportunity to acquire an established mixed use Residential and Leisure Investment property within an established and densely populated city suburb.

The property comprises a modern purpose built four-storey mixed-use commercial and residential building that is laid out with Licensed Premises (The Saint) to ground and basement level with 8 apartments (2 x two-beds & 6 x one-beds) to upper floor levels. To the eastern boundary fronting onto St. Vincent’s Street West is an original two storey end of terrace structure which comprises the Bookmakers investment to ground level with an apartment above to first floor level.

The Investment is fully let and enjoys a combined rent roll of €266,056 per annum with potential to increase further.

The commercial rental income amounts to €91,600 with the Residential income currently amounting to €174,456 per annum.

The overall presents an excellent opportunity to acquire a blended income stream with solid potential for further increase through engaged management.

Timothy Crough’s represents an excellent opportunity to acquire an established mixed use Residential and Leisure Investment property within an established and densely populated city suburb. The property comprises a modern purpose built four-storey mixed-use commercial and residential building that

Accommodation

BER: D1-D2

Property Lease StatsRent Size (sq.m)
Croughs Pub Inchicore (The Saint)Start 18/07/2022 End 18/04/2027€67,600282
Tracksport Bookmakers Start 14/11/2008 End 14/11/2029€24,00068
Apt 2, Two Bed Residential 12 Month Lease€23,60484
Apt 3, One Bed Residential 12 Month Lease€22,47671
Apt 4, One Bed Residential 12 Month Lease€21,60058
Apt 5, One Bed Residential 12 Month Lease€22,56064688
Apt 6, One Bed Residential 12 Month Lease€20,40049
Apt 7, One Bed Residential 12 Month Lease€21,30049
Apt 8, Two Bed Residential 12 Month Lease€23,07676
Apt 9, Two Bed Residential 12 Month Lease€19,44052
Total€266,056853

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