Residential & Retail Investment Opportunities For Sale By Private Treaty

No. 47 No. 180 No. 189 47, 180 & 189 Phibsborough Road, 7

Available in one or more lots COMMERCIAL & INVESTMENT 47, 180 & 189 Phibsborough Road Dublin 7

 Investment Considerations • Prime investment opportunity in the heart of Phibsborough Village • Total passing rent in the region of €66,000 per annum • Range of retail and residential assets • Available in one or more lots • Located within 5 minutes walking distance of the new DIT Campus which will eventually cater for some 22,000 third level students • Lot 1 - 47 Phibsborough Road • Lot 2 - 180 Phibsborough Road • Lot 3 - 189 Phibsborough Road • Lot 4 – The Entire • Our client is seeking offers of €600,000 ex VAT for the entire (Individual pricing available upon request)

Location Description 47, 180 & 189 Phibsborough Road are located on the main 47 Phibsborough Road (Retail Unit & Three Bedroom Apartment) 189 Phibsborough Road (Retail Unit & Three Bedroom Apartment) Phibsborough Road close to the centre of Phibsborough 189 Phibsborough Road comprises a modern ground floor mid Village at the Cabra Road junction. The Phibsborough Road 47 Phibsborough Road comprises a modern ground floor lock up terrace shop that has been fitted out to a reasonably high standard properties benefit from a high profile location with significant corner shop that has been fitted out to include a double sided glazed to include a glazed shop front, tea station and WC. There is a three passing vehicular traffic to the city centre and the north suburbs. shop front, adjoining garage, small office/storeroom and WC. There is bedroom apartment overhead with self-contained access from the There are ample bus routes serving the immediate area and the a three bedroom apartment overhead with self-contained access from side of the ground floor shop. proposed Grangegorman station will be located less than the side laneway as well as a roof top utility room. 5 minutes walking distance from the properties by the end of 180 Phibsborough Road (Retail Unit & Two Bedroom Apartment 2017. & One Bedroom Mews) DIT Grangegorman 180 Phibsborough Road comprises a ground floor lock up corner shop that has been fitted out to include a glazed shop front, side The properties are also located within a short walking distance door access, three treatment rooms, tea station and WC. There is a from the new DIT Dublin Institute of Technology college campus two bedroom apartment overhead with self-contained access from in Grangegorman. The first 1,000 students will start college in St. Peter’s Court laneway. There is a also a two-storey one bedroom September 2014, another 22,000 students will be on site by the mews located at the rear of the premises. end of 2017. Tenancy Schedule

Unit Description Tenant Area (Sq.m.) Area (Sq.ft.) Lease Start Term Contracted Rent Approx. Approx. (Per Annum) 47 (Retail) Crossans Joinery 75 807 - 25 years €13,200

47A (Three Bedroom Residential Tenants Informal rolling lease 1 year €10,800 Apartment) 180 (Retail) Sabai Thai Massage 43 463 - 1 year €9,600 180A (Two Bedroom Residential Tenants Informal rolling lease 1 year €9,600 Apartment & One Bedroom Mews) 189 (Retail) Pins & Needles 96 1033 25.03.2013 25 years €12,000 189 (Three Bedroom Residential Tenants Informal rolling lease 1 year €10,800 Apartment)

Total - - - - - €66,000

*We are informed that there is a total passing rent of €66,000 per annum. *We have not had sight of all leases

Tenure Local Authority Rates We recommend that interested parties satisfy themselves in relation to CGT and taxation matters relating to the property generally and seek tax 47 Phibsborough Road Unit Local Authority Rates (2013) Approx. advice from their accountants or tax advisor. We are informed the property is held on a long leasehold. 47 Phibsboro Road €930 180 Phibsborough Road BER 180 Phibsboro Road €1,550 We are informed the property is held freehold. C2-G 189 Phibsborough Road 189 Phibsboro Road €1,550 We are informed the property is held on a long leasehold. Individual BER numbers available upon request. Capital Gains Provisions VAT If the property is purchased before the end of 2014 and is held for at We are informed that VAT is applicable on the sale however all intending least 7 years, the capital gain attributable to that 7 year holding period will purchasers are advised to seek advice on taxation issues. be exempt from Capital Gains Tax (CGT). NCR Phibsborough Shopping Centre

Cabra Road

LUAS Station 2017

THE PROPERTIES

DIT Grangegorman Campus Smithfield LUAS Station 2017

Price €600,000 ex VAT (Individual pricing available upon request) Viewings All viewings are strictly by appointment through the sole selling agent.

Bryan Garry Robert Colleran 01 667 3388 01 667 3388 [email protected] [email protected] PSRA licence no. 001652-003065 PSRA licence no. 001652-00203 www.allsop.ie/investment COMMERCIAL & INVESTMENT

Allsop Space Ltd on its own behalf and on behalf of the vendor/lessor of this property whose agent Allsop Space Ltd is, gives notice that: (a) these particulars do not constitute in whole or in part an offer or contract for sale or lease; (b) none of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact; and (c) the vendor/lessor does not make or give, and neither Allsop Space Ltd nor any of its members or any person in its employment has any authority to make or give, any representation or warranty whatsoever in relation to the property. The only representations, warranties, undertakings and contractual obligations to be given or undertaken by the vendor/lessor are those contained and expressly referred to in the written contract for sale or agreement for lease between the vendor/lessor and a purchaser or tenant. 2. Prospective purchasers or tenants are strongly advised to:(a) satisfy themselves as to the correctness of each statement contained in these particulars; (b) inspect the property and the neighbouring area; (c) ensure that any items expressed to be included are available and in working order; (d) arrange a full structural (and where appropriate environmental) survey of the property; and (e) carry out all necessary searches and enquiries.