Mixed Use | Sale
Investment Summary
Superb elevated location Pristine condition All units fully let Development potential subject PP Tenants not Affected
Description
Rare and interesting opportunity to acquire a freehold landmark property on one of Dublin's most vibrant suburbs.
The property comprises a detached two storey mixed use property. This period building extending to approximately 497 m² and consists of four tasteful shopfronts on the ground floor and four generous apartments upstairs and to the rear. The building is presented in excellent condition having been superbly maintained by the current owners and retain many original features including decorative cornicing, ceiling roses, sash windows and flanking pediment bay. The building retains its gracious proportions with single-storey modern square-plan extension to rear. The property also benefits from a large rear development site offering valuable potential to extend the existing building subject to PP, providing complete seclusion and privacy with access through the building or to the right of the restaurant and extends to approx. 575 m².
Drumcondra is an affluent densely populated residential suburb on the north side of Dublin City. The subject property is set in an elevated position overlooking the Bishops Place on Drumcondra Road Lower. Drumcondra is located just 1.6km north of Dublin city centre and its general surrounds provide a wide variety of shops, boutiques, bars, restaurants, schools and universities. There are also ample leisure and recreational facilities in the area including Croke Park, Tolka Park and Home Farm Football Club and The Botanic Gardens. Easy access is enjoyed to the city centre, IFSC, Dublin Airport, Beaumont, Mater & Temple Street Hospitals, DCU and the M1/M50 Motorways.
Apartments
Apartment 1 - 2 bed double 72 m² Apartment 2 - 2 bed double 83 m² Apartment 3 - 3 bed double 100 m² Apartment 4 - 2 bed double 72 m²
Retail
Unit 94A Bread & Butter 50 m² includes forecourt Unit 94B Allure Beauty & Spa 50 m² Unit 94C Lovely Food Co 36 m² includes forecourt Unit 94D Lovely Food Co 34 m² includes forecourt
Development Site 575 m²
Total Rents - €168,800.00