Lot 5 41 James Street, Dublin 8

Bidding Closed

SOLD FOR

€1,000,000

Property Enquiries

Gillian Earley

gillian.earley@bidx1.com
+353 (0)1 637 5547
+353 (0)87 965 4555

Viewing/ Registration Enquiries

BidX1 Support Team

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

Vendor Solicitor

Fiona Fahy

ffahy@osmpartners.ie
01 691 5900
Description
Map
Viewings

Addendum
Please note there has been an amendment to the contract for sale to include the closing date.
Property Summary
  • A city centre mixed use investment.
  • Comprising a ground floor retail unit and 3 x two bedroom duplex apartments overhead.
  • Extending to approximately 340 sq. m (3,656 sq. ft).
  • Ground floor unit let to Tranan Holdings (Two) Limited t/a Next Door.
  • Lease expiry 2033.
  • Apartment 3 subject to a tenancy.
  • Total current rent reserved €61,800 per annum with vacant possession of 2 x two bedroom apartments.
  • Net initial yield 5.5%.
  • Potential market rent achievable €95,400 per annum*.
Location
  • Dublin 8 forms part of Dublin's inner city, located to the south of the River Liffey, and east of Dublin 2.
  • The area includes The Guinness Store House, The Coombe Hospital, and Kilmainham Gaol.
  • Public transport in the area is provided by The Luas Red Line, Heuston Railway Station, and a number of bus routes. Vehicular access is provided to the city centre by the R804 and R110.
  • The property is situated on James street adjacent to St. Patricks University Hospital. 
  • Surrounding occupiers in the area include Guinness Open Gate Brewer and St. James Hospital.
Description

The property is arranged over ground and four upper floors to provide an end of terrrace modern mixed use building. Internally the property comprises a ground floor retail unit together with 3 x two bedroom duplex apartments overhead. 

Accommodation

 

 

 

 

VAT
Please refer to Legal Documents
Property Table
DescriptionFloorAccommodationTenantSq. m(Sq. ft)Lease TermsCurrent Rent € p.a.
Retail UnitGroundRetailTranan Holdings (Two) Limited t/a Next Door105 sq. m(1,135 sq. ft)

25 year FRI from 01.06.2008

Five yearly rent reviews 

Upward only

€45,000 p.a.
Apartment 11st - 4thResidentialVacant81 sq. m (870 sq. ft)--
Apartment 21st - 2ndResidentialVacant76.55 sq. m(824 sq. ft)--
Apartment 33rd - 4thResidentialAn individual76.85 sq. m (827 sq. ft)Residential tenancy€16,800 p.a.
   Total340 sq. m(3,656  sq. ft) €61,800 p.a.
BER
Number

Available From Bidx1

Energy Performance Indicator

610.41 kWh/m²/yr0.98 - 281.28 kWh/m²/yr


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 Gillian about this property