- 383 sq m
Description
Property Summary
- Online Auction Date: 3rd March 2023
- A city centre retail investment.
- Comprising retail / restaurant at ground and part first floors, together with office / retail accommodation overhead.
- Extending to approximately 383 sq. m (4,124 sq. ft).
- Ground and part first floors let to Boojum Winthrop Limited t/a Boojum.
- Lease expiry 2036.
- Prime city centre location adjacent to St. Patrick’s Street.
- Surrounding occupiers include Brown Thomas, McDonalds and Butlers Chocolates.
- Current rent reserved €130,000 with vacant possession of part first and second floors.
- Net initial yield 8.44%.
| No | Present Lease | Accommodation | Sq. m | (Sq. ft) | Lease Terms | Rent € p.a |
|---|---|---|---|---|---|---|
| Ground | Boojum Winthrop Limited t/a Boojum | Retail/Restaurant | 147 sq. m | (1,586 sq. ft) | 20 years from 09.11.2016. Tenant break option at the end of year 10 | €130,000 p.a |
| Part First | As above | As above | 101 sq. m | (1,085 dq. ft) | As above | As above |
| Part First | Vacant | Office | 62 sq. m | (666 sq. ft) | – | – |
| Second | Vacant | Office | 73 sq. m | (787 sq. ft) | – | – |
| Total | 383 sq. m | (4,124 sq. m) | €130,000 p.a. |
All intending purchasers are advised to satisfy themselves as to the accuracy of the measurements provided.
136 total views
Details
- Building Age: Second Hand
