191A Howth Road, Killester, Dublin 3, D03A3V7

Office and Retail Investment Property currently producing €65,000 per annum exclusive. Secure rental income from a long established Solicitor's practice. Held under 2 long term repairing leases. Unexpired lease terms until July 2032 & 2031. Title: We are advised that the property is held under very long leasehold title subject to a nominal annual ground rent. VAT: We are advised that VAT shall not be applicable to the sale price. The Property occupies a high profile location on the Howth Road in Killester close to its junction with Collins Avenue East, approx. 6 km north of Dublin city, and forms part of a vibrant parade of retail & office properties. Adjoining occupiers include Supervalu, Expert Hardware, Base Pizza, Lynchs Takeaway, The Beechcomer Pub etc. The Property enjoys a substantial volume of passing pedestrian & vehicular traffic. The Property comprises an end of terrace property with part office and retail/coffee shop user at ground floor, with self contained first floor offices, comprising in total approx. 152.93 sq. metres (approx. 1,646 sq. ft). There is an enclosed garden to the rear of the property. 12 car spaces to the front of the property. Tenancy(1): Part ground floor 191A Howth Road & entire first floor let to Mona O’Leary & Paul Maher t/a O’Leary Maher Solicitors for a term of 25 years from 2006, subject to 5 yearly rent reviews, and a current passing rent of €47,000 per annum exclusive. Tenant liable for the repairs, the payment of local authority rates and landlord’s insurance. User – offices. Tenancy(2): Ground floor retail unit let to Mona O’Leary & Paul Maher t/a O’Leary Maher Solicitors for a term of 20 years from 2012, subject to 5 yearly rent reviews and a current passing rent of €18,000 per annum exclusive. Tenant liable for interior repairs, the payment of local authority rates and landlord’s insurance. User is that of offices. The demise has been sub-let as a coffee shop to Couples of Mugs Coffee Limited, Planning Permission having been obtained for change of use to a coffee shop, and subject to a sub-rent of €25,000 per annum. The sub-let term is for 4 years and 6 months from 2025. SCHEDULE OF ACCOMMODATION SQ. M. GROUND FLOOR (A) O’Leary Maher 19.33 Office/Reception 14.28 Rear Meeting Room 8.93 Store Door to rear garden WC. WHB (B) Couple of Mugs Coffee Shop Retail area 32.98 Rear Store & WC 5.24 FIRST FLOOR – O’Leary Maher Side Entrance Office (1) Front 19.95 Office (2) Front 22.21 Office (3) Rear 16.87 Office (4) Rear 4.31 Hallway 4.59 Kitchen 4.27 WC. WHB TOTAL 152.96