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Ground Floor Retail Unit, Ice Rink Development , Dolphin's Barn, Dublin 8, D08 HAF4

Investment Property (510.00 sqm) For Sale by Private Treaty
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Price Guide price €1,800,000

Location

The Ice Rink development occupies a prominent position at the junction of Dolphin’s Barn and Reuben Street, Dublin 8. The building is close to both The Coombe Hospital (100 metres) and St. James’ Hospital (1km), while St. Stephen’s Green and all of the amenities of the city centre is just 2.2km away (25min walk) via Cork Street.


The location is excellently served by public transport with the Fatima LUAS Stop (Red Line) situated just 600 metres north of the property on James’ Walk and Dublin Bus operating a number of services along Cork Street / Dolphin’s Barn to and from Dublin city centre / south suburbs.

Full Description

The Ice Rink development was constructed in circa 2006 and comprises a mixture of residential, office and retail accommodation.


The subject property comprises the long leasehold interest in the ground floor retail unit, which extends to approximately 510 sqm (5,490 sqft). The unit is regular in shape and occupies a prominent position at the junction of Dolphin’s Barn and Reuben Street, Dublin 8.


The entire is leased to Triode Newhill LLP Limited t/a Spar on a 25 year lease from November 2006 (no break options) and is guaranteed by BWG Foods Unlimited Company. The lease is subject to five yearly rent reviews which operate on an ‘upward only’ terms. Internally, the tenant has divided the unit to provide for an Insomnia, Subway and a local Post Office.
The property generates an annual rent of €160,000 per annum.

Tenure

We understand the unit is held on a Long Leasehold title.

Further Information / Viewing

For further information or to organise a viewing, please contact the selling agents Lisney and Knight Frank.

Lisney 01 638 2700

Knight Frank 01 634 2466

Viewing Details

By special appointment with the sole letting agent, Lisney.

BER Details

BER: C1
BER No. 800605214

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.

Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

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