34 Main Street, Blackrock, County Dublin

34 Main Street, Blackrock, County Dublin

POA

A94T6H3 413 m²

34 Main Street, Blackrock, County Dublin

POA

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Beds
Price	POA
Property Type	Investment Property
Size	413 meters²
Energy Rating	BER-E2
Refreshed on	Nov 8, 2024
Eircode	A94T6H3
Group Name	Breslin & Co
Sales License Number	001770

Description

The property is a two-storey over basement building, with retail use to the ground floor. This premises has been trading as a book retailer since 2011. The first floor and two Return/Mews premises are in office use. There is a shared entrance to the first floor and Mews/Return office. There is direct access from Idrone Lane into the Return/Mews office premises. Two of the office premises are on short-term lease tenancies. The basement and lower ground floor return premises are vacant, with the basement requiring refurbishment. This investment offers both a rental income coupled with immediate asset management opportunities to achieve the highly reversionary income.

Accommodation

GROSS FLOOR AREA C.413.48 SQ.M. /3980 SQ. FT. NET LETTABLE FLOOR AREA: C. 270.20 SQ.M. / 2910.00 SQ.FT.

Features

The property is a two-storey over basement building, with retail use to the ground floor. This premises has been trading as a book retailer since 2011. The first floor and two Return/Mews premises are in office use. There is a shared entrance to the first floor and Mews/Return office. There is direct access from Idrone Lane into the Return/Mews office premises. Two of the office premises are on short-term lease tenancies. The basement and lower ground floor return premises are vacant, with the basement requiring refurbishment. This investment offers both a rental income coupled with immediate asset management opportunities to achieve the highly reversionary income. YIELD A. 6.70% NET INITIAL YIELD ON PASSING INCOME OF €61891 P.A. B. 8.96% NET INITIAL YIELD ON REVERSIONARY INCOME AT €82891 P.A.

BER Details

BER: E2

Directions

From Frescati Road, turn onto Newtown Avenue and continue into Blackrock Village on one-way road. No. 34 Main Street is between Brown Sugar and Bank of Ireland. Raven Bookshop is the ground floor retail shop.

Viewing Details

By private appointment only with the Sole Agent

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Description

The property is a two-storey over basement building, with retail use to the ground floor. This premises has been trading as a book retailer since 2011. The first floor and two Return/Mews premises are in office use. There is a shared entrance to the first floor and Mews/Return office. There is direct access from Idrone Lane into the Return/Mews office premises. Two of the office premises are on short-term lease tenancies. The basement and lower ground floor return premises are vacant, with the basement requiring refurbishment. This investment offers both a rental income coupled with immediate asset management opportunities to achieve the highly reversionary income.

Accommodation

GROSS FLOOR AREA C.413.48 SQ.M. /3980 SQ. FT. NET LETTABLE FLOOR AREA: C. 270.20 SQ.M. / 2910.00 SQ.FT.

Features

The property is a two-storey over basement building, with retail use to the ground floor. This premises has been trading as a book retailer since 2011. The first floor and two Return/Mews premises are in office use. There is a shared entrance to the first floor and Mews/Return office. There is direct access from Idrone Lane into the Return/Mews office premises. Two of the office premises are on short-term lease tenancies. The basement and lower ground floor return premises are vacant, with the basement requiring refurbishment. This investment offers both a rental income coupled with immediate asset management opportunities to achieve the highly reversionary income. YIELD A. 6.70% NET INITIAL YIELD ON PASSING INCOME OF €61891 P.A. B. 8.96% NET INITIAL YIELD ON REVERSIONARY INCOME AT €82891 P.A.

BER Details

BER: E2

Directions

From Frescati Road, turn onto Newtown Avenue and continue into Blackrock Village on one-way road. No. 34 Main Street is between Brown Sugar and Bank of Ireland. Raven Bookshop is the ground floor retail shop.

Viewing Details

By private appointment only with the Sole Agent

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Breslin & Co

Tel: 01 28...

PSRA Licence No. 001770

Date created: Nov 8, 2024