Main Street Donnybrook, Donnybrook, Dublin 4

Location The subject property is located on the Main Street of Donnybrook, approximately 4 kilometres south east of Dublin city. Neighbouring occupiers include ladies fashion boutique, take away, Bang and Olufsen retail store and architects office. Opposite the building is another parade of retail units including Abrakebabra diner, ladies boutique, pharmacy and Tesco express. The property is strategically located on the main arterial route from Dublin city centre with direct access to the N11 corridor acting as a main thoroughfare to St Stephens Green. The area is well served by public transport with the N11 Quality Bus Corridor and a number of bus routes passing the building. The DART is accessible at either Sandymount or Sydney Parade each just over 1.5 kilometres away. The Luas green line serves Beechwood Avenue in Ranelagh located only 2 kilometres west of Donnybrook Road. Description Former bank branch with 2 no. one bedroom apartments on the first and second floors. No. 10 comprises what was previosuly a public area for the branch (bank fitout has been removed) with 3 meeting rooms, kitchen area, storage and toilet facilities. No. 8 comprises cashier's area, storage and strong room on ground floor. On the first floor there is a one-bedroom apartment with living area, kitchen and bathroom. The second floor has a one bedroom apartment, living area, kitchen and bathroom. The upper floors have separate access from street level. To the rear of the property is a small yard with vehicular access from the lane to the rear of the property. Floor Area No.8 Ground Floor- 83 sq. m (893 sq. ft) First Floor- 53 sq. m (570 sq. ft) Second Floor- 51 sq. m (549 sq. ft) Floor Area No.10 Ground Floor- 109 sq.m. (1,173 sq. ft) Total Floor Area- 296 sq.m (3,185 sq. ft) Title No. 8 Main Street is held under freehold title. No.10 is a leasehold interest expiring in November 2025 at a passing rent of €85,000 per annum. Tenancy The ground floor of No.10 was assigned to the current occupiers in March 2010. The term of the lease is 35 years from November 1990. The current passing rent is €85,000 per annum. The lease is scheduled to expire on the 14 November 2025. The next rent review is scheduled for November 2020. The rent review provisions provide that the rent review is on an upwards only basis to be calculated in relation to the current market rent. Rates We understand that the 2019 Rates payable to Dublin City Council are approximately €13,284 per annum.