156 – 157 – 158 Capel Street, Dublin 1. For Sale by Private Treaty

156 – 157 – 158 Capel Street, Dublin 1. For Sale by Private Treaty

Investment
For Sale
Highlights
  • 3 Retail Properties, with 8 overhead self contained apartments, together with rear yard with potential to build 3 or 4 Duplex style Townhouses, or 4/5 Apartments, or Offices [subject to Planning Permission].
  • Located on the western side of Capel Street, midway between Mary's Abbey / Abbey Street and Strand Street in the North City Centre core, being one of the busiest shopping and tourist areas of Dublin.
  • Presently producing €195,000 p.a., with vacant possession of Retail Unit at 157 Capel Street, with additional ERV of €25,000 pax.
  • Excellent Condition – Entirely Refurbished 10 years ago.
  • Sale not subject to VAT.

Price on Application
Description

ACCOMMODATION:
156 Capel Street
• Ground Floor Retail Unit c 810 Sq. Ft. Let to Irish Cancer Society.
• First Floor – one bedroom apartment, living room / kitchen, bathroom.
• Second Floor – one bedroom apartment, living room / kitchen, bathroom.

157 Capel Street
• Ground Floor Retail Unit c 524 Sq. Ft. Vacant Possession.
• First Floor – One bedroom apartment.
• Second Floor – One bedroom apartment.
• Third Floor – One bedroom apartment.

158 Capel Street
• Ground Floor Retail Unit c 450 Sq. Ft. Lease renewal to Camerino Café.
• First Floor – One bedroom apartment.
• Second Floor – One bedroom apartment.
• Third Floor – One bedroom apartment.

TITLE:
We are advised that the property is freehold, subject to the below tenancies.
156 Capel Street:
• Retail Unit: Let to Irish Cancer Society for a term of 10 years from July 2015 subject to a rent review in July 2020. Rent - €22,500 per annum.
• Apartment 1st Floor – one year lease at €18,000 per annum.
• Apartment 2nd Floor – one year lease at €19,680 per annum.

157 Capel Street:
• Retail Unit - Vacant.
• First Floor apartment – one year lease at €15,750 per annum.
• Second Floor apartment – one year lease at €18,780 per annum.
• Third Floor apartment – one year lease at €19,620 per annum.

158 Capel Street:
• Ground Floor Retail Unit – lease renewal for 4 years and 9 months, subject to a rent of €22,000 per annum.
• First Floor apartment – one year lease at €19,800 per annum.
• Second Floor apartment – one year lease at €20,100 per annum.
• Third Floor apartment – one year lease at €19,200 per annum.


Total Area: 480 Sq.

Downloads
Capel-Street-156-157-158.pdf Capel-Street-156-157-158.pdf (5.03 MB)

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