4 Arbourfield Terrace, Dundrum Road, Dublin 14, D14 W4C6

Commercial Investment

For Sale

Retail Shop Investment

Retail Shop Investment (Tenants Not Affected).

High Profile Retail Shop premises trading as ‘San Marino’ Fast Food Take Away. Located on a terrace of retail shops on Dundrum Road, close to Dundrum Business Park, and a short stroll from the Windy Arbour LUAS stop. The property comprises a ground floor retail unit together with a residential portion located on part of the ground floor, and on the upper floor.  The entire property is let on a FRI lease to a single tenant on a long lease of 21 years from 1^st March 2017 to February 2038.

• Current Rental Income:   €45,000 p.a.
• 2025 Commercial Rates:  €4,640.61. Payable by Tenant.
• Buildings Insurance:        €2,292.00. Payable by Tenant.           
• Retail Shop Ground Floor:  c.  85 sq.m.
• Residential GIA:                c.127 sq.m.
• Shop Lease:                     21 years from 1^st March 2017.
• Reviews:                          5 Yearly reviews of rent.
• Review Outstanding:       Review of rent outstanding from 1^st March 2022.

Tenure:  We are advised that Title is Leasehold: 398 years from 1950.

We are advised that VAT does not apply to the sale.

BER Shop: D1. No.801046947. EPI: 464.31 kWh/m²/yr 1.74

BER Residential: G. No.118171495. EPI: 625.16 kWh/m²/yr