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190-192, Drumcondra Road Upper. Dublin 9

Investment Property (385.00 sqm) For Sale by Private Treaty
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Price Offers in the Region of €1,200,000

Features

  • An opportunity to purchase two interconnecting semi detached residential dwellings
  • Prominennt location on Drumcondra Road Upper
  • The property in its entire extends to 385.11 sq.m (4,145 sq ft)
  • Entire is let to De Paul Ireland under two seperate leases for a term of 4 years 9 months from 14th April 2016
  • Leases contain a mutual rolling break option subject to 3 months notice
  • Suitable for alternative uses (Subject to Planning)
  • Tenants not affected

Location

The property is located on the eastern side of Upper Drumcondra Road close to its junction with Griffith Avenue. The property is located approximately 4.5 kilometres north of Dublin City Centre.

Drumcondra is a well-established residential area with a number of privately owned residential dwellings. The area is easily accessible due to its close proximity to the M50 motorway, which is approximately 2.5 kilometres north of the property.

Full Description

The property comprises two interconnecting prominent semi-detached residential dwellings of traditional construction, with a red brick fa├žade to first floor level and pebbledash rendered upper floor all under a hipped slate roof. There is a single storey detached building to the rear extending to approximately 41 sq m (442 sq ft)

No.190 extends approximately 146.45 sq.m (1,576 sq.ft) and provides for three studio apartments at first floor level, with one larger studio apartment at ground floor level. There is a ground floor internal access door connecting to No.192.

No.192 extends approximately 197.65 sq.m (2,127 sq.ft) and provides for a communal kitchen and sitting room at ground floor level and four en-suite double bedrooms on the first floor.

There is off street parking available to the front of the properties, with accommodation for up to 6 cars.

Viewing Details

By special appointment with the sole selling agent, Lisney.

Accommodation

     

    The approximate gross internal area (GIA) are as follows:

    Combined Total

    Sq.Ft (GIA)

    Ground 

    2,253 

    First 

    1,451

    Rear building

    441

    Total

    4,145

     

    Potential purchasers are specifically advised to verify the floor area as part of their due dilligence.

Lease Details

The property is let in its entirety to DePaul Ireland Ltd under two seperate leases. The leases expire on the 13th January 2021. The tenancies can be terminated by the landlord or tenant on 3 months written notice. Further tenancy information available on request.

BER Details

BER: E2-F

Contact Details

Address: St Stephen's Green House, Earlsfort Terrace, Dublin 2
Telephone: +353-1-638 2700 or you can also email us at dublin@lisney.com

Lisney for themselves and the Vendor/Lessor whose Agents they are give notice that:

1. These particulars do not constitute any part of an offer or contract.

2. All statements contained in these particulars as to this property are made without responsibility on the part of the Agents or the Vendor/Lessor and none of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact.

3. The particulars, various plans, photographs, dimensions, references to condition and permissions for use and occupation  are given in good faith and are believed to be correct but their accuracy is not guaranteed and any intending Purchasers or Tenants shall satisfy themselves by inspection or otherwise as to correctness of each of them. No omission, accidental error or misdescription shall be ground for a claim for compensation or for the rescission of the contract by either the Vendor/Lessor or the Purchaser/Tenant.

  4. Neither the Vendor/Lessor nor Lisney nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to the property. 5. Prices are quoted exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the Purchaser/Tenant shall be liable for any VAT arising on the transaction. PSRA No. 001848.

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