For Sale 95 Cabra Road, Cabra, 7

FILLER PICTURE

Property Highlights Contact

• Excellent investment opportunity situated in a prominent Peter Love position on Cabra Road. Email: [email protected] • The property comprises a mid terraced building which provides Tel: +353 1 639 9612 commercial accommodation at ground floor level and a 3 bed Robert Hefferon apartment to the rear of the ground and first floor. Email: [email protected] • Paddy Power occupy the ground floor on a 35 yr lease from Tel: +353 1 639 9325 16/01/1998 paying a rent of €50,000 pa. • The three bed apartment is located over ground and first floor Cushman & Wakefield with a garden to the rear. 164 Shelbourne Road , • Current passing rent of €51,815.68 per annum. Dublin 4 • BER G Ireland Tel: +353 (0)1 639 9300

cushmanwakfield.ie

Location BER details BER G The property is located on the northern side of BER No. 111367330 Cabra Road, Cabra, Dublin 7. Cabra Road is Energy Performance Indicator 679.84 kWh/m²/yr residential in the main however the subject property is located in a retail parade with other Rates occupiers including Centra, Dominos, Ethersons We understand that the 2018 Rates Butchers. AIB and Tan me are located either side payable to is of the property. €6,810.5. Phibsborough Shopping Centre is located within a Guide Price kilometer of the property and approx. 2.2 km Seeking offers in excess of €600,000 which northwest of O’Connell Street. equates to a net initial yield of 7.96% assuming standard purchasers costs of 8.46%. Description

95 Cabra Road comprises a mid terrace mixed use property with commercial on the ground floor and Title residential to the rear of the ground floor and first The property title is freehold floor. Contacts The ground floor is occupied by Paddy Power with their booking office to the front with storage and Peter Love Email: [email protected] staff facilities to the rear. To the rear of the ground Tel: +353 1 639 9612 floor and first floor is a 3 bedroom apartment accessed off Cabra Road. There is also a garden Robert Hefferon to the rear of the residential element. Email: [email protected] Tel: +353 1 639 9325

Tenancy & Accommodation Schedule

Floor Size Tenant Lease Details Annual Rent

Ground 162.46 sq m Power Leisure Ltd 35 yr lease from 16th Jan €50,000 (1,749 sq ft) t/a Paddy Power 1998. 5 yearly upward only reviews. (Expiry 15th Jan 2033) 3 bedroom 75.71 sq m Private 35 yr lease from 1st Sept €1,815.68 apartment (815 sq ft) 1985. 5 yearly upward only rent reviews. (Expiry 1st September 2020) Total €51,815.68 pa

Any intended purchaser will need to satisfy themselves as to the exact area of the subject property.

Conditions to be noted: A full copy of our general brochure conditions can be viewed on our website at http://www.sherryfitz.ie/terms or can be requested from your local Cushman & Wakefield office. We strongly recommend that you familiarise yourself with these general conditions. PSRA Registration Number: 002222.