Coldwell Banker Commercial presents for sale this high profile Investment property. This premises comprises of ground floor corner coffee shop and extends to approximately 246sqm. The shop has been fitted out with Insomnia branding.
Unit1, Middle Gardiner Street, Dublin 1 is located at this pivotal junction between Gardiner Street, Summerhill and Parnell Street directly opposite Spar on one corner and Kavanagh Court Student Accommodation with 431 beds and One Society Coffee Shop on the other. Busaras Bus Station, Croke Park,Trinity College and Dublin City Centre are all within walking distance of this unit.The surrounding area consists of new and established residential around Mountjoy Square, mixed with major commercial developments such as the IFSC.
• Fully Let to Insomnia Limited T/a Insomnia Coffee Shop
• Shop and Stores 246sq.m
• Annual Rent Year 1: €25,000pa. €30,000pa. thereafter
• Tenant Break Option at anytime subject to one month`s notice
20 years from 19th December 2018 with 5 year reviews. The rent in Year 1 is €25,000p.a. and €30,000p.a. thereafter. There is a tenant break option at anytime subject to one months notice. The tenant is responsible for rent, rates, service charge.
RATES: (2019) €8,256
SERVICE CHARGE: €4,039.85
PRICE: €300,000 plus VAT
VAT is payable on the sales price at 13.5% Rent is paid plus vat @21%
The details & particulars contained within this brochure, are for guidance only and do not form part of any contract or intent to contract. While every care has been taken in the preparation we do not hold ourselves responsible for any inaccuracies. They are issued on the understanding that all negotiations will be conducted through this firm. 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. We shall have no liability for any errors in the measurements and interested parties should conduct their own survey