Property known as 'The Four Provinces Pub', 25 Ravensdale Park, Dublin 12, D12 X965
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Auction
- Lot -
- Ireland
- Public House
- Commercial
Sold for €450,000
Property Summary
- A mid terrace public house.
- Comprising ground floor public house together with ancillary accommodation overhead.
- Extending to approximately 436 sqm (4,693 sq ft).
- Located in the centre of Kimmage.
- 7 day publicans license.
- Let to an individual t/a The Four Provinces Pub.
- Lease expiry 2026.
- Current passing rent €36,000 per annum
- NIY 6.89%
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Property description
The property is aranged over ground and first floor to provide a mid terrace public house. Internally the property comprises an open plan bar, kitchen area, store and cold rooms together with a function room on the first floor.
The property is located on Ravensdale Park in the centre of Kimmage and is part of a wider neighbourhood centre. Surrounding occupiers include LEO Pharma, Crumlin GAA and KCR Business Park.
Total floor area extending to approximately 436 sqm (4,693 sq ft).
All intending purchasers are advised to satisfy themselves as to the accuracy of the measurements
Tenancy
The entire property is at present let to an individual t/a The Four Provinces Pub for a term of 4 years 9 months from 01.08.2021 at a contractual rent of €36,000 per annum.
The lease allows for a stepped increase in rent on a yearly basis, Year 1 €36,000 - Year 2 €36,000 - Year 3 €40,000 - Year 4 €44,000 - Year 5 €48,000 - Remaining 9 months €36,000.
VAT
BER Rating
BER Identification Number
800846040
Energy Performance Indicator
856.19 kWh/m²/yr 1.35
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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. BidX1 is a trading name of BidX1 Ireland Limited. PSRA Registration Number 001652.
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