151 Rathmines Road Upper, Rathmines, Dublin 6, D06N2A2

Commercial Investment Property (Tenant Not Affected) Producing €40,000 per annum An attractive commercial investment property in this very busy parade with a variety of occupiers including Tesco Express, Roches Chemist, O'Brien's Off-License, Lawlor's Butchers, Fothergill's delicatessen and café, Hairdresser and Connolly's fishmongers. This property is situated on Rathmines Road Upper close to the junction with Frankfort Avenue, a location sometimes known as Dartry Village, and directly opposite a small public park and playground. In addition to Tesco Express there is an extensive range of specialist retailers including a large pharmacy, newsagent and grocery, off-license, butchers, fishmongers, takeaway food, hairdresser, cafe and delicatessen and the parade draws a very large volume of trade because of the high quality of the businesses and its convenient location. There is very good car parking on a Pay & Display basis. The property comprises a two- storey and part single-storey mid-terrace building in retail use. Lease Details: The property is let to Callistoy Ltd t/a Fresh and Wild on lease for a term of 12 years from the 22nd June 2023 at €40,000 per annum with a rent review to open market level on 22nd June 23, 2030. The Tenant is liable for rates all repairs and insurance.The Tenant has a break option on the 21st June 2028. The Tenant is Callistoy Limited and further information on the company is available by request. The property is a Protected Structure and therefore BER Exempt. Producing €40,000 per annum. (FRI Lease) Yield 6% after costs. A busy parade of established traders including Tesco, Lawlors Butchers, Roches Pharmacy & Fothergill's. Ample on street metered parking.