8 Goldsmith Terrace, Quinsborough Road, Bray, Wicklow

€710,000

Beds
Price	€710,000
Property Type	Investment Property
Size	278 meters²
Energy Rating	BER-C2
Refreshed on	Sep 9, 2024
Eircode	A98N6E8
Group Name	DNG Commercial
Sales License Number	004017

Description

(Tenants Unaffected) DNG are delighted to bring to market 8 Goldsmith Terrace, Quinsborough Road in the heart of Bray. This excellent three storey mixed use investment opportunity extends to approximately 2,991 sq. ft and comprises of three apartments and ground floor retail, all fully occupied and generating a total annual rental income of €56,480. This offers a gross initial yield of 7.5%. Location Bray is one of the fastest growing commuter towns (predominately serving Dublin city and South County Dublin) with an urban population of a current population of 35,000, this is expected to grow to 40,000 by 2030 (CSO, 2022). The town centre is currently experiencing extensive redevelopment, as the recently opened Bray Central aims to enhance Bray’s heritage of busy coastal town, with recent openings such as WOWBurger, Elephant & Castle, Penny’s and the Stella Cinema. Bray is also a well-known destination for tourism with note-worthy attractions such Bray Head offering unparalleled panoramic views of the seafront and surrounding countryside. The town benefits from the highest quality transportation links in the county. The Bray DART station connects the town directly to Dublin City Centre. Bray also benefits from its proximity to major roadways such as the N11 and M50 motorway, providing easy access to Dublin and other parts of the country. Description This structure is a terraced, three-bay, three-storey former residence. Presently, it serves as a retail unit on the ground floor with 3 apartments situated above. The facade is characterised by brick and painted render, featuring moulded window surrounds, a parapet with an eaves cornice, and shared rendered chimneystacks concealing the roof behind the parapet. The ground floor retail unit has a well-established tenant. The tenant is on a 4-year 9 month lease from a lease commencement date of 2022, with an annual rental income of €20,000. The 2nd floor has a currently vacant single cellular office. The 3 no. residential units are accessed via a separate at the front of the building and are situated on the 1st and 2nd floors. Viewing: Strictly by appointment with sole selling agent DNG Commercial Guide Price: €710,000 BER: C2

BER Details

BER: C2

Description

BER Details

BER: C2