14 South Leinster Street, Dublin 2, D02HK73

Excellent Investment Opportunity

TENANTS NOT AFFECTED

Excellent Investment opportunity enjoying a prime location in Dublin’s City Centre overlooking Trinity College, and just a few hundred metres from Grafton Street.

• Four storey over basement building
• Located opposite Trinity College grounds
• Total GIA c.233 sq.m. (c.2,500 sq.ft.)
• BER Exempt
• Current Net rental income €68,969 p.a.

Location

Located in a prominent position on South Leinster Street, opposite Trinity College, and adjacent to Kildare Street, Government Buildings, Merrion Square, Grafton Street, and Pearse train station.

Description

The accommodation comprises a four storey over basement mixed use property extending to c.233 sq.m. (c.2,500 sq.ft.)

Tenancy Information

The Ground floor and Basement is occupied by White Rabbit Café on a 10 year lease from January 2018 with 5 year reviews.  Review of rent is overdue.

The First floor is occupied as offices on a 3 year lease from June 2017. Deed of Renunciation is signed.

The Second floor is occupied as a solicitor’s office from June 2005.

The Third floor is occupied as a residential 2 bedroomed unit since 1st September 2017.

Utilities

All tenants have electricity accounts in their own names.

VAT

We are advised that VAT will not apply to sale price.

Title

We are notified that the Title is Long Leasehold.

Viewing

Strictly by prior appointment with our office.

Note:

Any intending purchaser will need to satisfy themselves as to the exact area of the subject property.