HomeIrelandDublinDublin 2South City CentreTramyard Exchange, Carman's Hall, South City Centre, Dublin 8
€500,000

Tramyard Exchange, Carman's Hall, South City Centre, Dublin 8

121.2m 2Energy RatingOffice Refreshed on Mar 16, 2022
Eircode: D08 KT6W
Stokes Property Consultants Ltd
Stokes Property Consultants Ltd
Tel: 01 233 4600
PSRA Licence No. 002615
Main image for Tramyard Exchange, Carman's Hall, South City Centre, Dublin 8
View Images (11) View Videos (1)
MAP
COMMUTE TIMES
TRANSPORT
NEIGHBOURHOOD
SCHOOLS

Description

Beautifully fitted out, own-door office c. 121.2 sq.m. for sale with vacant possession off Meath Street, Dublin 8 Location: Meath Street, one of Dublin's most characterful streets runs from the Coombe to Thomas Street and is parallel with Francis Street. It offers an eclectic mix of traditional traders and newer, cool cafés and restaurants. It is a convenient and exciting office location with easy access to the city centre. This area is known as the Liberties and is a renowned market area that has seen significant development in the last five years. The extensive regeneration of the Liberties includes the Meath Street & Environs Public Realm Improvement Project announced in July 2021. This will include substantially widened footpaths providing improved pedestrian experience as well as opportunities for on street uses such as outdoor seating area and market stalls, new trees, new landscaped areas, and public seating. Time Out magazine cited the area as one of the coolest neighbourhoods in the world last year and a recent global wealth report included Dublin 8 alongside four other global neighbourhoods in a list "primed for prosperity" in terms of income growth potential and overall values. Large scale developments in the immediate area include the National Children's Hospital and a number of new hotels, apartment schemes, student accommodation and the regeneration of retail and services offerings. The planned redevelopment of a large tranche of the St. James’ Gate Guinness site will further enhance the area’s reputation as the most exciting Dublin location to live, work or invest. Situation: Tramyard Exchange is at the corner of Carman’s Hall and Meath Street. Meath Street offers an array of shops and cafés interspersed with traditional traders that made the street famous as a market area. All amenities and the city centre are within easy walking distance. VAT is payable on the purchase Proposal: For sale by Private Treaty for €500,000. Service charge (€2,014 in 2022). Commercial Rates have not yet been charged but are estimated at €10,700. Investment Considerations: Based on our opinion of Market Rent (€40,000), the property will generate a net investment yield of 7.27% after standard purchaser’s costs.

Accommodation

Reception 18.41 sq.m. Boardroom 31.4 sq.m. Open Plan Office 31.24 sq.m. Office 23.76 sq.m. Office 10.17 sq.m. Kitchen 6.2 sq.m. Male WC Female WC Disabled WC Total Net Internal Area (NIA) 121.2 sq.m. / 1,305 sq.ft.

Features

Beautifully fitted out, new, own-door office c. 121.2 sq.m. / 1,305 sq.ft. (Net Internal Area) with full vacant possession on Carman’s Hall just off Meath Street in the heart of bustling Dublin 8 and close to the city centre. Description: This exceptional, modern, own-door office has been fitted out to a very high standard and includes a useful mix of meeting rooms, open plan space and cellular offices. Extending to c. 121.2 sq.m. (NIA), the office has many appealing features including, air-conditioning, high-quality carpet tiles, glass partitions, CAT6 cabling and a self-contained kitchenette. It will appeal to owner-occupiers and astute investors looking for an easily rented, self-contained investment opportunity in a very manageable lot size.

BER Details

BER: B3
Similar Properties by this Agent
Price Changes in South City Centre
Main image for Unit C Southgate, Cork St, South City Centre, Dublin 8
-€50,000(-20.00%)
€249,950€199,950
EXEMPT
Main image for 70 Pearse Street, South City Centre, Dublin 2
-€60,000(-8.00%)
€750,000€690,000
E1
View All Price Changes

Tramyard Exchange, Carman's Hall, South City Centre, Dublin 8

€500,000

Main image for printing
Beds
Price€500,000
Property TypeOffice
Size121.2 meters2
Energy RatingBER-B3
Refreshed onMar 16, 2022
EircodeD08 KT6W

Description

Beautifully fitted out, own-door office c. 121.2 sq.m. for sale with vacant possession off Meath Street, Dublin 8 Location: Meath Street, one of Dublin's most characterful streets runs from the Coombe to Thomas Street and is parallel with Francis Street. It offers an eclectic mix of traditional traders and newer, cool cafés and restaurants. It is a convenient and exciting office location with easy access to the city centre. This area is known as the Liberties and is a renowned market area that has seen significant development in the last five years. The extensive regeneration of the Liberties includes the Meath Street & Environs Public Realm Improvement Project announced in July 2021. This will include substantially widened footpaths providing improved pedestrian experience as well as opportunities for on street uses such as outdoor seating area and market stalls, new trees, new landscaped areas, and public seating. Time Out magazine cited the area as one of the coolest neighbourhoods in the world last year and a recent global wealth report included Dublin 8 alongside four other global neighbourhoods in a list "primed for prosperity" in terms of income growth potential and overall values. Large scale developments in the immediate area include the National Children's Hospital and a number of new hotels, apartment schemes, student accommodation and the regeneration of retail and services offerings. The planned redevelopment of a large tranche of the St. James’ Gate Guinness site will further enhance the area’s reputation as the most exciting Dublin location to live, work or invest. Situation: Tramyard Exchange is at the corner of Carman’s Hall and Meath Street. Meath Street offers an array of shops and cafés interspersed with traditional traders that made the street famous as a market area. All amenities and the city centre are within easy walking distance. VAT is payable on the purchase Proposal: For sale by Private Treaty for €500,000. Service charge (€2,014 in 2022). Commercial Rates have not yet been charged but are estimated at €10,700. Investment Considerations: Based on our opinion of Market Rent (€40,000), the property will generate a net investment yield of 7.27% after standard purchaser’s costs.

Accommodation

Reception 18.41 sq.m. Boardroom 31.4 sq.m. Open Plan Office 31.24 sq.m. Office 23.76 sq.m. Office 10.17 sq.m. Kitchen 6.2 sq.m. Male WC Female WC Disabled WC Total Net Internal Area (NIA) 121.2 sq.m. / 1,305 sq.ft.

Features

Beautifully fitted out, new, own-door office c. 121.2 sq.m. / 1,305 sq.ft. (Net Internal Area) with full vacant possession on Carman’s Hall just off Meath Street in the heart of bustling Dublin 8 and close to the city centre. Description: This exceptional, modern, own-door office has been fitted out to a very high standard and includes a useful mix of meeting rooms, open plan space and cellular offices. Extending to c. 121.2 sq.m. (NIA), the office has many appealing features including, air-conditioning, high-quality carpet tiles, glass partitions, CAT6 cabling and a self-contained kitchenette. It will appeal to owner-occupiers and astute investors looking for an easily rented, self-contained investment opportunity in a very manageable lot size.

BER Details

BER: B3