45-46 Thomas Street, South City Centre, Dublin 8

Sold

Beds
Price	Sold
Property Type	Investment Property
Size	meters²
Energy Rating	BER-B2
Refreshed on
Eircode
Group Name	Colliers (Commercial)
Sales License Number	001223

Description

- Ground floor retail investment opportunity - Extends to approx. 1,119 sq ft (NIA) - Let to Ladbroke (Ireland) Ltd - Passing rent €21,000 per annum - Highly reversionary - NIY 5.78% after allowing for standard purchaser costs of 9.96% - Tenant not affected The property is located in a prime pitch on the corner of Thomas Street and Meath Street. This is a busy central location in the heart of Dublin City Centre benefiting from a high volume of passing traffic and strong footfall. Public transport links are excellent, the main line rail and Luas Red Line are accessible at Heuston Station. The Luas Red Line at Smithfield, Green Line at St Stephen's Green and numerous Dublin Bus routes also serve the immediate area. Dublin 8 is a vibrant quarter that is undergoing major regeneration at present including the planned development at Guinness's St James's Gate brewery site and Oakmount's new office and leisure development located nearby to name just a few. The property comprises a ground floor retail unit with dual frontage onto both Thomas Street and Meath Street. The unit provides for open plan retail space to the front with storage, kitchenette and toilet facilities to the rear. The unit is in excellent condition and includes carpeted floors, suspended ceiling tiles and air conditioning throughout. Tenancy Information Let to Ladbroke (Ireland) Limited by way of a 10-year Internal Repairing and Insuring lease from the 31st January 2013 at an initial rent of €28,000 per annum. A Deed of Variation was subsequently agreed on the 1st July 2015 and the rent was revised to €21,000 per annum to lease expiry.

BER Details

BER: B2

Description

BER Details

BER: B2