32 Ranelagh Road, Ranelagh, Dublin 6, D06 Y027
-
Auction
- Ireland
- Mixed Use
- Commercial
Guide Price €1,750,000
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Property Summary
- A three storey, end of terrace mixed use building.
- Comprising office accommodation at ground and first floor level and a 1 bedroom apartment at second floor level.
- Extending to approximately 367 sqm (3,950 sq ft).
- Prime location in the heart of Ranelagh, Dublin 6.
- Entire let to Locumlink Associates Ltd.
- Lease expiry July 2036.
- Total current rent reserved €95,000 per annum.
- NIY 4.93% with strong reversionary potential.
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Property description
The subject property comprises an end of terrace, three storey mixed use building fronting onto Ranelagh Road near the junction of Northbrook Avenue. The property is arranged to provide office accommodation at ground and first floor level, together with a one-bedroom apartment at second floor level and storage and 1 x car parking space at basement level. The office space at ground and first floor level comprises of open plan offices, WC and segregated offices and meeting rooms. The apartment benefits from a wraparound panoramic balcony, own door access at street level and an internal lift accessed through the main building.
Total floor area extending to approximately 367 sq m (3,950 sq ft).
All intending purchasers are advised to satisfy themselves as to the accuracy of the measurements provided.
Location
- Ranelagh is a desirable south Dublin suburb located approximately 4km south of Dublin City Centre.
- The subject property is located on Ranelagh Road, close to the junction with Northbrook Road.
- Local amenities include the Swan Shopping Centre, Leinster Sports Complex and Belgrave Square together with a wide range of shops/boutiques, bars and restaurants.
- The locality benefits from several primary and secondary schools such as Sandford Park, St. Mary's College, Stratford NS, Alexandra College Junior & Senior Schools.
- Transport links in the area include the Luas Green Line(Ranelagh and Charlemont) and various Dublin Bus services(44 & 61 in close proximity).
Tenancy
The subject property is let in its entirety to Locumlink Associates Ltd on a 21-year lease from July 2015 at a current passing rent of €95,000 per annum. The lease allows for 5 yearly open market rent reviews.
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Additional Information
Please ensure that you have registered and paid your Bidder Security via bank transfer in good time before the auction so that we can ensure you are approved to bid.
Important: We do not accept Same Day / Urgent payments. Payments must be standard SEPA payments.
If you are making a payment from outside Europe (e.g. SWIFT payment), please contact us in advance.
BER Rating
BER Identification Number
800754384
Energy Performance Indicator
306.14 kWh/m2/yr
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*Terms & Conditions
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. BidX1 is a trading name of BidX1 Ireland Limited. PSRA Registration Number 001652.
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