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4-10 Upper Abbey Street, Dublin 1, Co. Dublin, D01 PX48

  • Auction
  • Lot 21
  • Ireland
  • Mixed Use
  • Commercial

Sold for €871,000

Addendum

Please be advised of the inclusion of Special Condition 3 to the Contract for Sale.

Property Summary

  • Online Auction Date: 10th November 2022.  
  • A prime City Centre multi-unit investment.
  • Comprising 1 x restaurant unit  together with 3 x retail units.
  • Extending to approximately 294 sq. m (3,167 sq. ft) in total.
  • Situated in Dublin City Centre. 
  • Unit 4/4a let to Ferri & Simeone Ltd. 
  • Lease expiry 2038.
  • Unit 6/7 let to GSM Solutions.
  • Lease expiry 2029.
  • Unit 8/9 let to Fitz Retail Ltd. 
  • Lease expiry 2034.
  • Unit 10 let to an individual.
  • Lease expiry 2038.
  • Total current rent reserved €85,500 per annum. 
  • NIY 9.59%

Contact Us

Richard Hoey
Richard Hoey
Property Agent, here to help.
richard.hoey@bidx1.com
+353 (0) 85 804 8210
Legal Contact
Brian Roe
Vendor's Solicitor
brian@solicitorsireland.com
+353 (0)1 6345 813

Contact Us

Richard Hoey
Richard Hoey
Property Agent, here to help.
richard.hoey@bidx1.com
+353 (0) 85 804 8210
Legal Contact
Brian Roe
Vendor's Solicitor
brian@solicitorsireland.com
+353 (0)1 6345 813

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Property description

The property is arranged over ground floor only to provide a restaurant and 3 x retail units. The property forms part of a wider mixed use development over ground and four upper floors.

The property is conveniently located on Upper Abbey Street and is in close promity to Capel Street and Jervis Street.  Surrounding occupiers include Brother Hubbard, Jervis Shopping Centre and AXA Insurance. 

Additional Details

Unit Present LesseeAccommodationSq.m(Sq.Ft)Lease TermsCurrent Rent € p.a.
4/4aFerri and Simeone Ltd.Ground floor restaurant unit8086125 years from 24.03.2013
5 yearly rent reviews. Break clause in year 10 		€25,000
6/7GSM SolutionsGround floor retail unit6569410 years from 01.06.19. 5 yearly rent reviews. €19,000
8/9Fitz Retail Ltd. Ground floor retail unit6469210 years from 01.12.19€25,500
10Individual t/a . Ground floor retail unit8592018 years from 01.02.20€16,000
  Total 294 sq. m3,167 sq. ft €85,500 per annum. 

 

All intending purchasers are advised to satisfy themselves as to the accuracy of the measurements provided.

VAT

Please refer to Legal Documents

BER Rating

C1 - D2

BER Identification Number

Available From Bidx1

Energy Performance Indicator

1150.07 kWh/m²/yr - 651.52 kWh/m²/yr

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*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 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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