Jervis Street, Dublin 1, Dublin

€5,200,000

For Sale 636 sq.m. (6,846 sq.ft.)
636 sq.m. (6,846 sq.ft.)

 Property Description

COLDWELL BANKER COMMERCIAL has For Sale, High Profile Ground Floor Units Located on one of Dublin\'s busiest streets adjacent to the Jervis Street LUAS Stop and Shopping Centre Spar Section is C. 497 Sq Mtr Sq. with a passing rent of 317,575 guaranteed By BWG Foods. The tenants are wholly owned subsidiaries of BWG Foods. The other tenant is the Tanning Shop which is 139 Mtr Sq. and is let to 3 individuals at 65,000 per annum. Their lease expires on 1st November 2017 and a Deed of Renunciation is available. Also included in the sale are 8 underground car parking spaces with a projected rental value of 20,000 p,a Total Passing Rent 382,575 Gross Initial Yield 7.3% Expected Rental Value (include Car Spaces) 417,575 Gross Initial Yield 7.9%- 636 sq mts / 6846 sq ft - Asking Price - 5,250,000 - Located on one of Dublin\'s busiest streets adjacent to the Jervis Street LUAS stop and Shopping Centre. - Initial Gross Yield 7%, Initial Projected Yield 7.4% - Also included in the sale are 8 underground car parking spaces with rental value - 20,000 p.a. - Spar rent of 317,575 guaranteed by BWG Foods. Subject to Contract/Contract Denied

  Accommodation

Coldwell Banker Estates

Sales Dept

Westerton Lodge, Ballinteer Road, Dundrum Dublin14


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