Details
Viewings
Addendum
Please note that the Contract for Sale has been amended to include Special Condition 8 and documents 7 and 8 of the Documents Schedule.
Property Summary
  • A plot of city centre development land.
  • Extending to approximately 0.018 hectares (0.046 acres).
  • Zoned City Centre.
  • Operating Agreement in favour of NCPS.
  • 40% revenue collected from 7 day car park.
  • Financial summary available on request.
Location
  • Dublin 2 forms Dublins central business and retail district.
  • The area houses many of the citys landmarks including St. Stephens Green, Grafton Street, and The Shelbourne Hotel.
  • The area is well served by public transport connections including Luas stations at St. Stephens Green and Hardcourt Street, DART stations at Pearse Street and Tara Street, as well as multiple bus routes.
  • The property is situated to the eastern side of Werburgh Street, close to the junction with Castle Street.
  • Surrounding occupiers include The Lord Edward, Leo Burdocks and Jurys Christchurch.
Description

The property is arranged to provide a regular shaped site. The property has independent access off Hoeys Court.

Total site area extending to approximately 0.018 hectares (0.046 acres).

Tenancy

The entire site is occupied under an Operational Agreement to NCPS for a term of 4 years 9 months from 11.01.2016. The income generated is based on the revenue from a 7 day operating car park less management and maintenance fees. We have been informed by the Vendor that they are currently collecting 40% of the parking revenue. The agreement can be broken after 24 months by giving three months’ written notice.

Financial summary available on request.

Zoning

Under the Dublin City Development Plan 2016 - 2022 the site is Zoned "Z5" - To consolidate and facilitate the development of the central area, and to identify, reinforce, strengthen and protect its civic design character and dignity.

VAT
Please refer to the legal documents.


No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.

BIDDING HAS CLOSED
Sold for €470,000
Bid History 15
Bidder Amount Date
Bidder 17424 €470,000 18/07/2018 10:23:03
Bidder 17346 €450,000 18/07/2018 10:21:29
Bidder 17424 €440,000 18/07/2018 10:20:59
Bidder 17346 €425,000 18/07/2018 10:20:07
Bidder 17424 €415,000 18/07/2018 10:19:05
Bidder 17346 €400,000 18/07/2018 10:18:19
Bidder 17424 €390,000 18/07/2018 10:17:54
Bidder 17346 €370,000 18/07/2018 10:16:46
Bidder 17424 €360,000 18/07/2018 10:16:06
Bidder 17346 €330,000 18/07/2018 10:14:51
Bidder 17424 €320,000 18/07/2018 10:03:11
Bidder 17346 €290,000 18/07/2018 10:02:07
Bidder 17424 €284,000 18/07/2018 10:00:21
Bidder 17346 €280,000 18/07/2018 09:59:49
Bidder 17424 €275,000 18/07/2018 09:12:06
Viewings & Registration Enquiries
BidX1 Support Team
info@bidx1.com
+353 (0)1 667 3388
Useful links
Property Enquiries
Gillian Earley
gillian.earley@bidx1.com
+353 (0)1 667 3388
Vendor Solicitor
Peter O'Reilly
poreilly@lkshields.ie

Messrs LK Shields Solicitors

Tel: +353 (0)1 6610866

Enquire
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