Lot 10 Units 2, 4, 5 and 7 Bloom Lane, Quartiere Bloom, 24 Lower Ormond Quay, Dublin 1

Bidding Closed

SOLD FOR

€1,042,000

Property Enquiries

Klara Schuster

klara.schuster@bidx1.com
+353 (0)1 667 3388
+353 (0)86 023 1001

Viewing/ Registration Enquiries

BidX1 Support Team

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

Vendor Solicitor

Kasia Walsh

kawalsh@byrnewallace.com
+353 1 691 5000
Description
Map
Viewings

Addendum
Please note that Special Condition 8.2 and 8.4 of the Contract for Sale has been amended.
Property Summary
  • A multi-unit retail investment.
  • Comprising four retail units.
  • Extending to approximately 200 sq. m (2,156 sq. ft) in total.
  • Unit 4 let to an individual t/a K&K Salon.
  • Lease expiry 2026.
  • Unit 5 let to an individual t/a Amirs Delight
  • Lease expiry 2022.
  • Significant reversionary potential.
  • Unit 2 & 7 to be offered with vacant possession.
  • Total current rent reserved €30,134.88 per annum (inclusive of VAT).
Location
  • Dublin 1 forms part of the city centre and is one of the busiest shopping and tourism areas of Dublin.
  • The area is situated directly north of the River Liffey to the west of East Wall and east of Smithfield.
  • Transport facilities are provided by the Luas stop at Jervis Street, together with a DART station at Connolly, and numerous Dublin Bus Routes.
  • The property is situated in an area known as "The Italian Quarter".
  • Surrounding occupiers include The Morrison Hotel, The Four Courts and Jervis Shopping Centre.
Description

For auction dates, or to make an offer now, please visit bidx1.com.  

The property is arranged over ground floor only to provide four retail units. The property forms part of a wider mixed use development over ground and four upper floors.

VAT
Please refer to Legal Documents
Property Table
Total 200 sq.m (2,156 sq. ft) €30,134.88 p.a. (1)
UnitTenantSq. m(Sq. ft)Lease termsCurrent Rent € p.a.
Unit 2 65 sq. m(699 sq. ft)Vacant-
Unit 4Individual t/a K&K Salon34 sq. m(368 sq, ft)10 years from 11.04.2016
5 yearly rent reviews
€14,760.00 p.a.
Unit 5Individual t/a Amirs Delight42 sq. m(450 sq. ft)

10 years from 2012

€15,374.88 p.a.
Unit 7 59 sq. m(639 sq. ft)Vacant-
(1) Rents quoted are inclusive of VAT
BER
Number

Available from BidX1

Energy Performance Indicator

1009.08 kWh/m²/yr - 2974.57 kWh/m²/yr 4.08


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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