10 Errigal Road, Drimnagh, Dublin 12

€1,200,000

Beds
Price	€1,200,000
Property Type	Investment Property
Size	131.92121887774 meters²
Energy Rating	BER-C1
Refreshed on	Apr 9, 2025
Eircode	D12XF88
Group Name	Lisney Commercial Dublin
Sales License Number	001848

Description

The property comprises a two storey end of terrace building comprising a ground floor retail unit and three apartments (2 x 2 beds and 1 x1 bed) on the upper floor. Spar occupies the entire ground floor and small office on the upper floor. The ground floor is laid out to provide a retail/ grocery area, off-licence, deli counter, Post Office, ATM and back of house storage and extends to approx. 1,420 sq. ft. The retail unit is let on a 20 year FRI lease from 2020 with an annual rent of 52,000. The upper floor residential units are self-contained apartments and benefit from separate access to the retail unit. The apartments produce a combined rent of 58,500 and are let on annual leases. PRICE Guiding 1,200,000 which represents a NIY of 8.37% after standard purchaser costs at 9.96% BER INFORMATION C1 TITLE We understand the property is held freehold

Accommodation

Features

Mixed Use investment located adjacent to Crumlin Children's Hospital Producing a total of 110,500 per annum with potential to increase further Comprises a ground floor retail unit and 3 apartments (2 x 2 beds and 1 x1 bed) with independent access The residential units produce an income of 58,500 per annum The surrounding neighbourhood is predominantly residential and highly populated, with this retail parade catering to numerous local housing estates. Ground floor fully let to Triode Newhill Management Services Limited (T/A: Spar) on a 20-year FRI lease from 2020, producing 52,000 per annum. Tenants not affected

BER Details

BER: C1

Directions

Negotiator

Thomas Byrne

Description

Accommodation

Features

BER Details

BER: C1

Directions

Negotiator

Thomas Byrne