89 Phibsborough Road, 7 FOR SALE BY PRIVATE TREATY - NORTH CITY MIXED-USE INVESTMENT 89 Phibsborough Road Dublin 7

Property Brief

• Extending to approximately 243 sq. m. (2,595 sq. ft.)

• Total annual rental income of €61,905 per annum

• Tenants not affected

Location

The property is located in a popular North Dublin City Centre location. Phibsborough Road is situated in the popular residential suburb of Phibsborough, approximately 2.3km north of Dublin City Centre.

The property is situated opposite Tesco Metro and experiences high levels of daily pedestrian footfall. Surrounding retail brands in the area include; McDonald’s, Eddie Rockets, Camile Thai, Four Star Pizza, Hickey’s Pharmacy and EuroGiants.

The Mater Hospital and Temple Street Children’s University Hospital are located approximately 1km from the subject property, with , Bohemian FC’s football stadium located approximately 350km away.

The location benefits from good infrastructural links, and avails of a bus stop is very close proximity which services routes; 4, 9, 40, 83, 83a, 88-N, 103, 109x and 140. The new stop located at Broadstone will be a short 10 minute walk from the subject property. Description

The portfolio comprises three commercial units at ground floor level and four residential units at first floor level on a corner site at the junction of Phibsborough Road and Connaught Street. The properties extend to approximately 243 sq. m. (2,595 sq. ft.)

The three commercial units are occupied by Justin Hughes Solicitor firm, Kate’s Atelier and The Chop Shop, while three of the residential units are currently occupied under standard short term residential tenancies with one residential unit vacant.

Tenancy

Please find tenancy schedule summarised in the table below:

Tenant Floor Approx Approx Rent Lease Lease End Area Area (per annum) Commencement Date (sq m) (sq ft) Date Justin Ground 80 861 €21,525 13/01/2014 12/12/2018 Hughes Solicitors Kate’s Ground 33 335 €9,000 20/05/2016 19/03/2021 Atelier The Chop Ground 28 301 €11,700 08/06/2016 07/06/2026 Shop Flat 1 First 27 291 €7,800 Part 4 Part 4

Flat 2 First 26 280 €7,200 Part 4 Part 4

Flat 3 First 17 183 €4,680 Part 4 Part 4

Flat 4 First 32 344 Vacant Vacant Vacant

TOTAL 243 2,595 €61,905

Areas are approximate and parties are specifically directed to carry out their own due dilligence and satisfy themselves as to the accuracy of the information provided.

The tenancies are not affected by the sale.

Guide Price

Excess €700,000

Viewings

Viewings are strictly by appointment with sole agent Knight Frank. Contact: These particulars are issued by HT Meagher O’Reilly trading as Knight Frank on the understanding that all the negotiations are conducted through them. These particulars do not constitute, nor constitute any part of an offer or contract. All statements, descriptions, dimensions, references to condition, permissions or licenses of use or occupation, access and other details are for guidance only and are made without responsibility on the part of Ross Fogarty HT Meagher O’Reilly trading as Knight Frank or the vendor/landlord. None of the statements contained in these [email protected] particulars, as to the property are to be relied upon as statements or representations of fact and any intending purchaser/tenant should satisfy themselves (at their own expense) as to the correctness of the information given. 01 - 634 2466 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. The vendor/landlord do not make or 20-21 Upper Pembroke Shaun Collins give, and neither HT Meagher O’Reilly trading as Knight Frank or any of their employees has any authority to make or give any representation or warranty whatsoever in respect of this property. Street, Dublin 2 [email protected] Certificates available upon request Knight Frank is a registered business name of HT Meagher O’Reilly Unlimited. Company licence Reg. No. 385044. PSR Reg. No. 001266.