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46 Muckross Avenue, Perrystown, Dublin 12, D12 THW6

Investment Property Sold
of

Sold

Features

  • Prominent location on Muckross Avenue.
  • Easy access to M50 & Dublin City Centre
  • The ground floor is let to Byran Kenny McCarthy Limited at a rent €10,800 per annum, with 10 years unexpired.
  • First Floor two bedroom apartment vacant
  • Rear office included-current income €2,400 per annum (sold with vacant possession)
  • Expected future gross income approx. €27,600 per annum reflecting a gross yield of 9.52%

Location

The property is located at Perrystown on the northern side of Muckross avenue situated in a small traditional suburban commercial parade.

Perrystown is located between the suburban villages of Kimmage to the east and Walkinstown to the west. It is approximately 6km south of Dublin City Centre. The surrounding area is primarily residential in nature with a number of small businesses contained in the commercial parade to include a hair salon and convenience outlet.

Full Description

The property comprises a prominent 2 storey end of terrace property with ground floor office and first floor two bedroom apartment.

The property is of concrete block construction with pebble splashed finish and pitched slate roof.

The office comprises a reception, partitioned offices, kitchen and wc. It has plastered painted walls and ceilings and concrete covered floors. The first floor comprises a kitchen/living area, wc and two bedrooms, WC and shower.

The first floor is accessed via a separate staircase at the side of the building.

There is also an office to the rear of the property, with seperate access. This is currently producing €2,400 per annum but will be sold with vacant possession.

 

Viewing Details

By special appointment with the sole letting agent, Lisney.

Accommodation

    Floor Description Contracted Rent per annum Lease term NIA sq m GIA sq m Tenant
    Ground  Office €10,800 10 years with effect from 1/4/2015. Break option in Year 5. 75.59 92.09 O Brien & Associates Accountants
    Ground Rear office Vacant N/A   24.96 N/A
    First Residential (2 bed apt) Vacant N/A N/A 48.51 N/A
    Total     75.59 140.59  

     

     

Lease Details

The ground floor is let on a 10 year lease to Bryan Kenny McCarthy at a rent of €10,800. The First floor two bed apartment is currently vacant and the rear office with seperate access will be sold with vacant possession.

BER Details

BER: E2-G

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.