Lot 210 27-29 and 31-33 Carysfort Avenue, Blackrock, Co. Dublin

Bidding Closed

SOLD FOR

€1,700,000

Property Enquiries

Thomas O'Dowd

thomas.odowd@bidx1.com
+353 (0)1 667 3388

Viewing Registration / Enquiries

BidX1 Support Team

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

Vendor Solicitor

Jane McCarthy

ja.mccarthy@beauchamps.ie
+353 1 418 0983
Description
Map
Viewings

Property Summary
  • A mixed use investment.
  • Comprising office, retail, public house and residential accommodation.
  • Extending to approximately 956 sq. m (10,293 sq. ft).
  • Potential for re-development of a medium density infill residential scheme (subject to obtaining all necessary consents).
  • Reversionary potential.
  • Total current rent reserved €148,800 per annum with vacant possession of a number of units.
  • Net Initial Yield 7.96%
Location
  • Blackrock is an affluent south Dublin suburb.
  • The town is situated approximately 8.5km south east of Dublin city centre and approximately 7km north of Killiney.
  • Transport to and from the city centre is provided by the N11 Stillorgan Road, and R118 Merrion Road, access to the M11 and M50 motorways is approximately 8km to the south west of the town. Public transport is provided from Blackrock DART Station and via several bus routes.
  • The property is situated to the western side of Carysfort Avenue close to its junction with the N31.
  • Surrounding area is predominantly residential.
Description

The property is arranged to provide a substantial mixed use building.

27-29 Carysfort Avenue 

The property is arranged over ground and two upper floors to provide a mixed use building. Internally the property comprises a ground floor office/retail unit, together with 9 x office suites overhead.

31-33 Carysfort Avenue 

The property is arranged over ground and two upper floors to provide a mixed use building. Internally the property comprises a ground floor public house together with 2 x apartments overhead.

VAT
Please refer to Legal Documents
Property Table
AddressTenantUseLease termsRent p.a.
Ground Floor, 27-29Churches Estate AgentRetail / Office

4 years 9 months from 19.01.2015

Overholding

€42,000 p.a.
First Floor, 27VacantOffice--
First Floor, 27Rewind CounsellingOffice €3,600 p.a.
First Floor, 27An individualOffice €6,000 p.a.
Second Floor, 27VacantOffice--
Second Floor, 27An individualOffice €5,400 p.a.
First Floor, 29VacantOffice--
First Floor, 29Gaya TreeOffice €3,600 p.a.
Second Floor, 29VacantOffice--
Second Floor, 29VacantOffice--
Former Dark Horse Pub, 31/33VacantFormer Public House--
First Floor, Apartment 1, 33An individual Residential €19,200 p.a.
First Floor, Apartment 1, 33An individualResidential €24,000 p.a.
First Floor Office, 33Clancy Business FinanceOffice €6,000 p.a.
First and Second Floor Office, 33Norton & Norton AccountantsOffice €12,000 p.a.
Second Floor Office, 33Think Evolve SolveOffice €7,800 p.a.
Second Floor Office, 33Servaplex LimitedOffice €9,600 p.a.
Second Floor Office, 33Spirit ExecutiveOffice €9,600 p.a.
Second Floor Office, 33VacantOffice--
Second Floor Office, 33VacantOffice--
Total   €148,800 p.a.
BER
Number

Available From Bidx1

Energy Performance Indicator

896.1 kWh/ m²/yr1.05 - 1204 kWh/m²/yr2.71


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.


Contact Thomas about this property