Merchamp Centre, Vernon Ave, Clontarf, Dublin 3, D03K5W7

Sale Type: For Sale by Public Auction, Auction Date & Time: Thu, Jul 23 at 10:30 AM, Auction Location: Online - bidx1.com/en/107359 Prime Dublin Suburban investment. Standalone two storey mixed-use building. Comprising 3 x ground floor retail units and first floor office accommodation. First floor offices recently refurbished. 20 x car parking spaces. Entirety extending to approximately 351 sq m (3,772 sq ft). Total current rent reserved: €221,600 per annum. 9.85% Gross Yield. NOI of €181,942. NIY of 7.88% The property is arranged over ground and first floor floor to provide a mixed use, surburban investment opportunity. Internally the property comprises 3 x ground-floor retail units together with 9 x offices on the first floor. The property is a self contained The property is situated on a prominent corner site of Vernon Ave and Seafield Road in the heart of Clontarf. The property is located 5.5km from Dublin City Centre. The area is predominantly residential. surrounding occupiers include Clontarf GAA Club, Nolans Pharmacy and Clontarf Hospital. Office fitout inlcudes : New ceilings and flat panel LED lighting throughout Energy efficient electric heaters to all offices New floor coverings and redecorated walls throughout Dado trunking and general power sockets to all offices New services for installation of kitchen/canteen New sanitary ware installations to WC/shower Ref: IE0010726000001