Description
Accommodation
BER Details
Lot Number
Negotiator
Auction Location
Auction Time
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Beds | |
Price | €425,000 |
Property Type | Office |
Size | meters2 |
Energy Rating | BER-C2 |
Refreshed on | Jan 15, 2025 |
Eircode | |
Group Name | BidX1 Ireland Ltd |
Sales License Number | 001652 |
Description
A medical investment opportunity. Comprising ground floor medical clinic set within a high-density residential development. Extending to approximately 187 sqm (2,012 sq ft). Inclusion of 13 surface car parking spaces. Let to Centric Health Primary Care Limited. Lease expiry December 2041. Total current rent reserved 40,000 per annum. Upcoming uncapped 2026 CPI linked rent review. NIY 8.55% with reversionary potential. The property is arranged over ground floor only to provide a single storey medical facility. Internally the property comprises a reception, administration area, 2 x WC, a Phlebotomy room and 4 x self-contained doctors offices. The property also benefits from the provision of 13 surface car parking spaces and would be suitable for a variety of uses, subject to obtaining the necessary planning consents.The unit is set amongst the wider Seven Oaks residential development with 6 high density standalone blocks and approximately 4km west of Dublin City centre and 2.5km west of Heuston Station with quick access also available to the M50 motorway with exit 7 just minutes' drive from the property. Noteable occupiers/amenities within the vicinity include Iarnrod Eireann, Heuston Station and The National Children's Hospital, together with a high volume of housing within the immediate vicinity. Total floor area extending to approximately 187 sqm (2,012 sq ft). The subject property is at present let to Centric Health Primary Care Limited on a 20 year lease from 21st December 2021 at a contractual rent of 40,000 per annum exclusive of VAT. The lease allows for 5 yearly, uncapped CPI linked rent reviews and a tenant break option in year 10, subject to 6 months prior written notice.
Accommodation
BER Details
BER: C2 800799876 294.4 kWh/m²/yr
Lot Number
-
Negotiator
Robert Hefferon
Auction Location
Online - BidX1
Auction Time
2025-02-13 08:00
Date created: Jan 15, 2025