Unit 7 Cathedral Court, New Street South, Dublin 8, D08V4K7

Property Highlights - High Yielding Investment - 20 year lease from October 2024 - 10 year break option - Secure income - Established Trading Position - Net Initial Yield 7.67% Tenancy Detail: The property is let to Clear Smiles Dental on new 20-year Full Repairing and Insuring lease by way of service charge in place from 1st October 2024. The passing rent is '¬38,000 per annum with a tenant break in year 10, with 5 year open market rent reviews. Description: The unit, which is fitted out to a high specification includes, reception, 3 consultations rooms, x-ray room, laboratory and staff facilities. The unit is approx. 100 Sq.m. / 1,100 Sq.ft. The unit also benefits from rear door access into the cathedral court development. Internal specification includes: Tiled floors, suspended ceiling, recessed LED light fittings, PIR Sensors, CCTV Location: Cathedral Court is a vibrant mixed use residential and commercial development located on New Street South, Dublin 8. The occupants can enjoy a range of nearby amenities, including shops, bars and restaurants. There are a wide range of public transport links within the immediate vicinity with the Green Line Luas circa 7 min walk away at St Stephen's Green and a host of Dublin Bus routes from New Street South. Dublin 8 has witnessed a transformation of the local area in recent years by the development of the Eight Building in Newmarket Square and The Fumbally Office Development at the nearby Fumbally Square and the recent construction of both the Maldron Hotel and Hyatt Centric provide additional amenities to the area. This will complement the predominately residential area