54A Thomas Street, Christchurch, Dublin 8, D08PV25

54A Thomas Street, Christchurch, Dublin 8, D08PV25

€2,100,000

6 Bed6 BathTerrace

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Description

Sale Type: For Sale by Private Treaty
Estimated Stamp Duty: €56,000

An exceptional investment opportunity in the heart of Dublin City Centre. 54A Thomas Street is a mixed-use building comprising a ground floor commercial unit and six residential units overhead- three studio apartments and three two-bedroom apartments. The commercial unit is securely let to Bennett Foods, trading as an Italian restaurant, on a 20-year lease from April 2019, with 5-yearly rent reviews providing long-term income stability. All residential units are fully let, ensuring a strong rental stream. The building currently produces a total passing rent of €147,360 per annum, with the breakdown as follows: 54a Thomas Street Retail €2,500 €30,000 1 €1,175 €14,100 2 €2,077 €24,924 3 €1,197 €14,364 4 €1,900 €22,800 5 €1,419 €17,028 6 €2,012 €24,144 €12,280 €147,360 The building is being sold with the benefit of the tenancies and represents a ready-made opportunity for a discerning Investor. Location: The building is located on Thomas Street close to Francis Street and is within a very short distance of some of Dublin's most popular and historic visitor attractions including the Guinness Storehouse, Christchurch Cathedral, and Dublin Castle. The Christchurch & Liberties area has seen a great deal of investment in recent years and is now host to an array of award-winning restaurants and popular bars. Guide Price: €2,100,000 Features: • Prime City Centre mixed-use investment opportunity • Commercial unit let to Bennett Foods on a 20-year lease (from April 2019) • Six fully let residential units (3 studios and 3 two-bedroom apartments) • Strong passing rent of €147,360 per annum • High-demand location with excellent rental growth potential Disclaimer: The above particulars are issued by Herbert & Lansdowne Estate Agents on the understanding that all negotiations are conducted through them. Please note that we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items.

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School Name	Distance	Pupils
School Name	St Audoen's National School	Distance	320m	Pupils	183
School Name	Francis St Cbs	Distance	340m	Pupils	164
School Name	St Brigid's Primary School	Distance	480m	Pupils	237

School Name	Distance	Pupils
School Name	St Patrick's Cathedral Choir School	Distance	580m	Pupils	24
School Name	Georges Hill School	Distance	760m	Pupils	145
School Name	St. James's Primary School	Distance	780m	Pupils	304
School Name	South City Cns	Distance	780m	Pupils	146
School Name	Presentation Primary School	Distance	780m	Pupils	204
School Name	Canal Way Educate Together National School	Distance	800m	Pupils	392
School Name	Scoil Na Mbrathar Boys Senior School	Distance	880m	Pupils	145

School Name	Distance	Pupils
School Name	St Patricks Cathedral Grammar School	Distance	590m	Pupils	301
School Name	Presentation College	Distance	740m	Pupils	182
School Name	James' Street Cbs	Distance	780m	Pupils	207

School Name	Distance	Pupils
School Name	The Brunner	Distance	900m	Pupils	220
School Name	St Josephs Secondary School	Distance	1.1km	Pupils	244
School Name	Synge Street Cbs Secondary School	Distance	1.2km	Pupils	302
School Name	Mount Carmel Secondary School	Distance	1.2km	Pupils	405
School Name	Loreto College	Distance	1.6km	Pupils	585
School Name	Catholic University School	Distance	1.7km	Pupils	548
School Name	Larkin Community College	Distance	1.7km	Pupils	402

Type	Distance	Stop	Route	Destination	Provider
Type	Bus	Distance	110m	Stop	Thomas Street	Route	123	Destination	Kilnamanagh Rd	Provider	Dublin Bus
Type	Bus	Distance	110m	Stop	Thomas Street	Route	13	Destination	Grange Castle	Provider	Dublin Bus
Type	Bus	Distance	110m	Stop	Thomas Street	Route	69n	Destination	Saggart	Provider	Nitelink, Dublin Bus

Type	Distance	Stop	Route	Destination	Provider
Type	Bus	Distance	110m	Stop	Thomas Street	Route	G2	Destination	Liffey Valley Sc	Provider	Dublin Bus
Type	Bus	Distance	110m	Stop	Thomas Street	Route	G1	Destination	Red Cow Luas	Provider	Dublin Bus
Type	Bus	Distance	110m	Stop	Thomas Street	Route	S2	Destination	Irishtown	Provider	Dublin Bus
Type	Bus	Distance	120m	Stop	Francis Street Junction	Route	G2	Destination	Spencer Dock	Provider	Dublin Bus
Type	Bus	Distance	120m	Stop	Francis Street Junction	Route	S2	Destination	Heuston Station	Provider	Dublin Bus
Type	Bus	Distance	120m	Stop	Francis Street Junction	Route	123	Destination	Marino	Provider	Dublin Bus
Type	Bus	Distance	120m	Stop	Francis Street Junction	Route	13	Destination	Mountjoy Square	Provider	Dublin Bus