Lot 3 67 Camden Street, Dublin 2, .

Bidding Closed

SOLD FOR

€595,000

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

Naomi OConnor

noconnor@obl.ie
+353 (0)1 678 7446
Description
Map
Viewings

Property Summary
  • A prime city centre retail investment. 
  • Comprising a basement and ground floor retail unit together with two floors of office accommodation overhead.
  • Extending to approximately 170 sq. m (1,830 sq. ft) in total.
  • Ground floor and basement let to Restore Health Limited.
  • Lease expiry 2029.
  • First and second floors let to an individual.
  • Lease expiry 2029.
  • Total current rent reserved €50,000 per annum.
  • Net initial yield 7.5%. 
Location
  • Dublin 2 forms Dublins central business and retail district.
  • The area houses many of the citys landmarks including St. Stephens Green, Grafton Street, and The Shelbourne Hotel.
  • The area is well served by public transport connections including Luas stations at St. Stephens Green and Hardcourt Street, DART stations at Pearse Street and Tara Street, as well as multiple bus routes.
  • The property is situated to the western side of Camden Street.
  • Surrounding occupiers include Tesco Express, Zaytoon and Boylesports.
Description

For auction dates, or to make an offer now, please visit bidx1.com. The property is arranged over basement, ground and two upper floors to provide a mid terrace retail building. Internally the property comprises a basement and ground floor retail unit together with office accommodation over first and second floors.

Total area extending to approximately 170 sq. m (1,830 sq. ft).

VAT
Please refer to Legal Documents
Property Table
FloorPresent LesseeAccommodationLease TermsCurrent Rent Reserved € p.a.
  Total €50,000 p.a.
Basement & GroundRestore Health LimitedRetail

10 years from 01.09.2019

IRI terms

Break option year 5

€30,000 p.a.
First & SecondAn individualOffice

10 years from 01.09.2019

IRI terms

Break option year 5

€20,000 p.a.
BER

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