Lot

2

1, 3 and 3A Fairview Strand, Fairview, Dublin 3

Bidding Closed

SOLD FOR

€757,000

Property Enquiries

Gillian Earley

gillian.earley@bidx1.com
+353 (0)1 667 3388

Property Enquiries

Anna-Kate Fields

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

Viewings/Registration Enquiries

BidX1 Support Team

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

Vendor Solicitor

Anne Marie Miley

annemarie@mooneyosullivan.ie
4939431

Description

Map

Viewings


Addendum
Please note amendment to Contract for Sale which includes: Inclusion of Closing date. The amendment to Particulars and Tenure - amendment to duration of lease for snooker hall to 10 years and reference to 20 years should be disregarded. Insertion of Special Condition 7.
Property Summary
  • A mixed use investment.
  • Comprising 2 x retail units, 1 x snooker hall and first floor apartment.
  • Total floor area extending to approximately 484.86 sq. m (5,217 sq. ft) in total.
  • Unit 1 let to The Grafton Barber Limited.
  • Lease expiry 2028.
  • Unit 3 & apartment let to JD Premier Property Company t/a Snooker Club
  • Lease expiry 2028.
  • Unit 3 & 3A let to Paddy Power Betfair PLC.
  • Lease expiry 2025.
  • Total current rent reserved €74,700 per annum.
Location
  • Fairview is a sought after inner suburb of Dublin.
  • The area is situated approximately 3km to the north of Dublin city centre.
  • The M1 Motorway is situated approximately 2.7km to the north providing access to the M50 and Dublin Airport.
  • Public transport is provided via DART train services from Clontarf Road Dart Station, and a range of Dublin Bus routes.
  • The property is situated on the north side of Fairview Strand, in close proximity to the junction with Windsor Avenue.
  • Surrounding occupiers include Fairview Park, Eurospar and Gaffney & Son Bar.
Description

The property is arranged over ground and first floors to provide an end of terrace mixed use building. Internally the property comprises 2 x ground floor retail units, snooker hall and first floor six bedroom apartment. The property benefits from a large rear yard.

Total site area extending to approximately 0.14 acres (0.06 hectares).

VAT
Please refer to the legal documents.
Property Table
Unit  Accommodation Sq.m (Sq.Ft) Present Lessee Lease Terms Current Rent Reserved € p.a.
  Total  484.86 sq. m (5,217 sq.f t)      €74,700 p.a

(1) Rent commencement date 15.01.2019

(2) Lease includes for sub letting of first floor apartment

1 Retail 29.39  316 The Grafton Barber Limited

10 years from 16.07.2018

5 year rent review

FRI terms

€13,200 p.a (1)
3 Snooker Hall 299 3,218 JD Premier Property Company t/a Snooker Club

10 years from 01.01.2018

5 year rent review

FRI terms

 

€39,000 p.a (2)
Apartment 6 Bedroom 86.67 932
3 & 3A Retail 69.8 751 Paddy Power Betfair PLC

10 years from 01.10.2015

5 year rent review

FRI terms

€22,500 p.a
BER
Number

Available from BidX1

Energy Performance Indicator

415.08 kWh/m²/yr - 687.46 kWh/m²/yr
1.03

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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