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Lot 316 Shanagarry Chimney, Milltown Road, Milltown, Dublin 6

Bidding Closed

SOLD FOR

€136,000

Property Enquiries

Anna-Kate Fields

anna-kate.fields@bidx1.com
+353 (0)1 667 3388
+353 (0)1 667 3388

Viewing/ Registration Enquiries

BidX1 Support Team

info@ie.bidx1.com
+353 (0) 1 667 3388

Vendor Solicitor

Evin McCarthy

evin.mccarthy@rdj.ie
863854181
Description
Map
Viewings

Addendum
Prospective bidders are advised that the hexagonal building originally quoted within the sales particulars is NOT included in the sale, for the avoidance of doubt the only structure included in the sale is the chimney. All tenancy and rental information remains unchanged.
Property Summary
  • A chimney and communication mast investment.

  • Chimney height approximately 28.61 metres (94 feet).

  • Licence in favour of Esat Digifone Limited t/a Three.

  • Current Licence Fee Reserved €13,880 per annum.

Location
  • Milltown is a desirable south Dublin suburb.
  • The area is situated immediately east of Terenure and south east of Rathgar approximately 6km south of Dublin city centre.
  • Transport connections are provided by the R114 Rathgar Road providing direct access to the city centre and southbound towards the M50, public transport is available via several bus routes together with the Luas Green Line from Beechwood approximately 1.2km to the east.
  • The property is situated to the southern side of Milltown Road close to the junction with Richmond Avenue South.
Description

The property is arranged to provide a large free standing red brick industrial chimney, which is the only remaining part of the Old Dublin Laundry. The chimney accommodates mobile phone masts which are owned by O2 and Hutchison 3G.

Chimney height approximately 28.61 metres (94 feet).

Tenancy

The chimney is let under a Licence agreement to Esat Digifone Limited t/a Three for a term of 10 years from 30.09.2000 at a licence fee of €13,880 per annum, exclusive of VAT. Subject to the terms of the Licence the Licence provides the right for the Licencee to renew the Licence Period for four further periods of 5 years from the date of the initial Licence.

VAT
Please refer to 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.


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