Lot 13
Auction
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Units 1-6, Guild Court, Amiens Street, Dublin 1,

Auction
Ireland
Retail
Commercial

The auction has ended

Final bid €1,050,000

Property Summary

  • A high profile city centre retail investment.
  • Comprising 5 x ground floor retail units.
  • Extending to approximately 274 sq. m (2,950 sq. ft).
  • Unit 1 & 2 let to Paddy Leisure t/a Paddy Power.
  • Lease expiry 2023.
  • Unit 3 let to an individual t/a The Mens Room.
  • Lease expiry 2024.
  • Unit 4 let to an individual t/a Only Beauty.
  • Unit 5 let to an individual t/a Royal Thai Massage Parlour.
  • Unit 6 let to an individual t/a The Pig & Heifer.
  • Lease expiry 2024.
  • Adjacent to Connolly Train Station and the IFSC.
  • High footfall location.
  • Total current rent reserved €99,600 per annum.
  • Net initial yield 8.54%.

Contact Us

Gillian Earley

Registered Surveyor, here to help.

Contact Us

Gillian Earley

Registered Surveyor, here to help.

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Property description

The property is arranged to provide a retail investment. Internally the property comprises 5 adjoining ground floor retail units. The units are set within a wider mixed use development over four floors.

Location

  • Dublin 1 forms part of Dublins busiest shopping and tourist locations, it is located immediately north of the River Liffey and east of Smithfield.
  • The area is serviced by numerous public transport facilities including DART, Luas and Dublin Bus with access being provided by the Port Tunnel situated approximately 3km to the north east.
  • The property is situated on Amiens Street, adjacent to Connolly Station.
  • Surrounding occupiers include Spar, The Brew Dock Public House, and Subway.

VAT

Please refer to Legal Documents

Tenancy Schedule

NoPresent LesseeAccommodationSq.m(Sq.Ft)Lease TermsCurrent Rent Reserved € p.a.
1/2Paddy Leisure t/a Paddy PowerRetail93 sq. m(1,000 sq. ft)

25 years from 12.06.1998

5 yearly rent reviews

Upward only

€36,000 p.a.
3An individual t/a The Mens RoomRetail48 sq. m(520 sq. ft)

25 years from 08.11.1999

5 yearly rent reviews

Upward only

€15,000 p.a.
  Total274 sq. m(2,950 sq. ft) €99,600 p.a.
4An individual t/a Only BeautyRetail45 sq. m(485 sq. ft)

5 years from 01.01.2014

Overholding

€15,000 p.a.
5An individual t/a Royal Thai MassageRetail48 sq. m(520 sq. ft)

5 years from 01.06.2014

Overholding

€15,600 p.a.
6An individual t/a Pig & HeiferRetail40 sq. m(425 sq. ft)

25 years from 08.11.1999

5 yearly rent reviews

Upwards only

€18,000 p.a.

*Terms & Conditions

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 interested parties 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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