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10

Talbot Street
North City Centre
Dublin 1,
D01 VW82
407.76 SQ.M
Investment Property

Property Overview

The property comprises a three storey over basement mixed-use period building with an attic conversion. The property is not listed in the Dublin City records of protected structures.

The ground floor and basement provide for a rectangular shaped retail unit and basement store. The tenant of the ground floor Paddywagon Limited have recently undertaken fit out works which included new ceiling tiles for the suspended ceiling at ground floor.

The Upper floors of No.10 Talbot Street are accessed via a seperate self-contained entrance and stairwell located on Talbot Street. The upper floors provided for 2 no. residential apartments. The first floor comprises a 1 bedroom apartment. The second floor comprises a 2 bedroom duplex apartment. Both apartments are finished to a high standard and are in very good condition internally.

Tenure

It is our understanding the property is held freehold.

The property is generating a total of €116,200 per annum in rent.The ground floor and basement are let to Paddywagon Limited on a 20 year lease from 1st April 2016 for €85,000 per annum. Rent review every 5 years at open market rental value. Tenant break option in year 7. Apartment 1 is generating a rent of €1,100 per month and is let on a residential tenancy. Apartment 2 is generating €1,500 per month and is let on a residential tenancy.

The property comprises a three storey over basement mixed-use period building with an attic conversion. The property is not listed in the Dublin City records of protected structures. The ground floor and basement provide for a rectangular shaped retail unit and basement store. The tenant of the ground

Accommodation

All intending purchasers are specifically advised to verify all floor areas and undertake their own due dilligence.

The approximate net internal areas (NIA) are as follows:

FloorSq.MSq. Ft
Basement97.071,045
Ground Floor150.111,616
First Floor (1 bed)62.46672
Second floor and Attic (2 bed)98.121,056
Total 407.764,389

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