A suburban office investment / Development opportunity (SPP).
For Sale in one or more Lots.
Lot 1: 1 Merville Road, Stillorgan - Guide Price €650,000
Comprising a two storey detached office extending to approximately 226 sq. m (2,423 sq. ft.).
Residential development potential (subject to obtaining necessary planning consents).
Lot 2: 2-20 Merville Road, Stillorgan - Guide Price €850,000
Comprising 5 x interconnected two storey terraced office units.
Subject to 2 x licence agreements (Expiry March 2030).
Current passing rent €85,956 per annum.
Lot 3: Entire - Guide Price €1,500,000
In light of new Covid-19 restrictions, from 13.01.2021 viewings will not be facilitated until further notice. Please email the surveyor with your contact details.
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About This Property
Stillorgan is a village in Dublin situated approximately 9.5km south east of Dublin City Centre.
The subject properties are located at the junction of Merville Road and St. Brigid's Church Road, approximately 1.5km from Stillorgan Village Centre.
Local amnesties include UCD, The Odeon Stillorgan, Dundrum Town centre, The Beacon Hospital and a wide range of shops, bars and restaurants.
Transport links include bus routes(75, 46A, 7D, 84X & 145), Sandyford and Stillorgan LUAS stops the N11 and M50.
Lot 1: 1 Merville Road
The property is arranged to provide a two storey detached office building extending to approximately 226 sq. m (2,432 sq. ft), on a site area of approximately 0.056 Ha (0.14 acres). Internally the property is laid out to provide office accommodation with ancillary kitchen and WC facilities.
Lot 2: 2-20 Merville Road
The property is arranged to provide 5 x interconnected two storey terraced office units. Internally the property contains a mix of office suites and private consultancy rooms with shared lobbies, corridors, receptions and meeting rooms.
NB: We are informed that the car parking to the front and rear of the Terrace units does not form part of the sale.
Lot 3: Entire
1 Merville Rd., zoned Objective A "R2 - Existing residential - to protect and/or improve residential amenity", under the Dun Laoghaire Rathdown County Development Plan 2016 - 2022
2-20 Merville Rd., zoned Objective NC "M3 - District, neighbourhood centre - to protect, provide for and or improve mixed use neighbourhood centre facilities", under the Dun Laoghaire Rathdown County Development Plan 2016 - 2022.
2-20 Merville Rd. is let by way of 2 x 20 year licence agreements to HR Holfeld (Engineering) Ltd from the 01.03.2010 at a total annual licence fee of €85,956 per annum. There are no rent review or break option provisions in the licence.
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.
Legal documents relating to Lots are uploaded onto the BidX1 website by Solicitors acting for the Vendor. This is for the sole purpose of allowing interested parties, prior to placing a bid, to carry out due diligence in relation to the property being offered for sale.You confirm that you will only access the legal documents for this purpose and that you will only share documents with your professional advisers, including legal advisers, whom BidX1 strongly recommend that you appoint in advance of the auction. By clicking confirm, you agree to view the legal documents for this Lot and to receive email notifications for all additional or amended legal documents which may be uploaded for this Lot.
Lot Details translation
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