88 Capel Street, Dublin 1, D01AX20

Property Highlights Single let investment on a newly re-geared FRI lease Prime CBD location Extending to approx. 210 sq.m. (2,255 sq.ft.) Passing rent of €67,500 per annum Guide Price €725,000 NIY 8.46% (after purchasers costs at 9.96%) Capital value approx. €320 per sq.ft. Tenant not affected. Property Description The subject property comprises a single let mid terraced, three storey over basement investment property extending to 210 sq.m. (2,255 sq.ft.). Externally the property benefits from its positioning on Capel Street to the front and the enclosed garden to the rear. Internally a single tenant occupies the entire which is laid out as classrooms throughout with kitchen/toilet facilities at basement level with additional w/c on the return. The property is fitted with carpet floors, plaster and painted walls and ceilings, florescent lighting and sash windows to the front and rear. Lease Terms Fully let to ICOT College on a newly re-geared 10-year Full Repairing and Insuring lease with tenant break option and/or rent review in year 5 at €67,500 per annum. ICOT College was set up on Thursday the 19th of February 2009 and the company status is Normal. Vision Net Rating 93/100.