- Sale Type: For Sale by Private Treaty
- Overall Floor Area: 3732 sq. ft.
***INVESTMENT FOR SALE (Tenants not affected)***
No. 40 Sallynoggin Road, Sallynoggin, Co. Dublin A96 T8N2
The subject property is prominently positioned on the north western side of Sallynoggin Road between its junction with Honey Park to the north east and its junction with Pearse Street to the south west.
Sallynoggin is approximately 2 kilometers south of Dun Laoghaire and approximately 12.5 kilometers southeast of St Stephen's Green in Dublin city centre . The surrounding area is predominantly residential in nature with a mixture of private residential dwellings and apartments.
No. 40 comprises a two storey building with a two storey extension to the rear of the property. The ground floor consists of a Centra retail unit with ancillary office and storage spaces at ground floor.
The first floor (accessed separately) consists of two x 1 bed apartments, one x 2 bed apartment and an office/storage space, which is in use by the ground floor retail tenant. There is access from the first floor to an external roof terrace located at the north-eastern elevation of the property.
The following is a brief schedule of the accommodation with the ground floor retail and associated accommodation being measured on a Net Internal Area (N.I.A.) basis and the first floor residential accommodation measured on a Gross Internal Area (G.I.A.) basis in accordance with the Code of Measuring Practice published by the RICS.
Ground Floor Retail Area (N.I.A.) 133.51 sqm
Ground Floor Ancillary Office and Storage Areas 35.72 sqm
First Floor Office/Storage space 3.22 sqm
Apartment 1 29.08 sqm
Apartment 2 26.03 sqm
Apartment 3 55.42 sqm
TOTAL Combined NIA and GIA 317.98 sqm Approx.
TOTAL GIA 346.68 sqm Approx.
TENANCIES & RENTAL INCOME:
The Ground floor retail shop is currently held under a 20 year lease from the 1st of March 2015, subject to a revised annual rent of €41,500 per annum from the 1st of July 2021.
Apartment 1 - Annual rent of €11,400
Apartment 2 - Annual rent of €11,040
Apartment 3 - Annual rent of €16,872
Billboard - Annual Licence Fee €3,500
Total Rental Income: €84,312 per annum
For further information or to make an offer please go to: https://www.acres.ie/project-25.html
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