Commercial House, 28 Upper Main Street, Rush, Co. Dublin

€775,000

Beds
Price	€775,000
Property Type	Investment Property
Size	0 meters²
Energy Rating	BER-D2
Refreshed on	Nov 5, 2024
Eircode	K56 YN32
Group Name	Sherry Fitzgerald Cumisky Kelly
Sales License Number	002340

Description

This mixed-use investment property on Upper Main Street in Rush, Co. Dublin is situated on the busy thoroughfare between Skerries Road and Supervalu with nearby operators including coffee shops, beauticians, Boyle Sports, butchers, a local pocket park etc. The property is well positioned and occupies a high-profile location, benefitting from a vehicular side entrance. Rush, a busy coastal town with two local beaches, is situated c. 21 km northeast from Dublin City centre, benefits from good public transport links to Dublin City Centre. The town continues to expand as it has become a popular commuter destination.

Accommodation

Super Town Centre Investment Opportunity - Three separate tenancies with recently renewed leases.100% occupancy, no vacancy.Total Passing Rent of c. 76,100 rising to c. 79,100 p.a.No rent arrears - high growth area.Suit private pension fund or other. Location - This mixed-use investment property on Upper Main Street in Rush, Co. Dublin is situated on the busy thoroughfare between Skerries Road and Supervalu, at the heart of the town's central business district, with nearby operators including coffee shops, beauticians, Boyle Sports, butchers, a local pocket park etc. The property is well positioned and occupies a high-profile location, benefitting from a vehicular side entrance. Rush, a busy coastal town with two local beaches, is situated c. 21 km northeast from Dublin City centre, benefits from good public transport links to Dublin City Centre. The town continues to expand as it has become a popular commuter destination. Description - The property comprises a two-storey end of terrace mixed use investment property with a vehicular side entrance and an enclosed rear garden. The property is traditionally built with modern extensions to the rear providing for two take away restaurants at ground floor level and an overhead four bedroomed apartment. There are ancillary stores in the garden which is wall enclosed and can be accessed directly from Upper Main Street. Accommodation & Tenancies - Ocean Inn Lease 1 commercial.Tenant: Ocean Inn, Upper Main Street, RushLease: 21 years from 1st October 2023Rent:28,000 per annum.DilliLease 2 (assigned) commercial.Tenant: Dilli, Upper Main Street, Rush, Co. Dublin.Lease: 21 years from 1st January 2017Rent: 18,500 per annum 01/01/2023 30/06/202521,500 per annum 01/07/2025 31/12/2027.ResidentialLease 3 residential.Tenant: 4 named individualsLease: leased from 01/05/2023Rent: 28,800 per annum. Total Rent - Total rent: 76,100 rising to 79,100 per annum on 01/07/2025. Ber Rating - Residential - B3 Ber No. 116374927Retail: D2 Ber No. 800944076 Viewing - Strictly by prior appointment with sole selling agent Floor Areas - Floor areas are provided for assistance only and are not to be relied on.Intending purchasers must independently satisfy themselves as to correct areas.

BER Details

BER: D2 BER No: 800944076 Energy Performance Indicator: 668.13 kWh/m²/yr

Negotiator

John Cumisky

Description

Accommodation

BER Details

BER: D2 BER No: 800944076 Energy Performance Indicator: 668.13 kWh/m²/yr

Negotiator

John Cumisky