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10/10A Terenure Road East, Rathgar, Dublin 6

  • Auction
  • Lot 148
  • Ireland
  • Commercial Building
  • Commercial

GUIDE PRICE €950,000

Property Summary

  • A restaurant and office investment.
  • Comprising a ground floor restaurant together with offices overhead.
  • Extending to approximately 237 sq. m (2,551 sq. ft) in total.
  • Restaurant let to The Revolution Pizzeria.
  • Lease expiry 2037.
  • Offices let to Poniard Limited t/a Richard Power Bookmakers.
  • Informal tenancy.
  • Total current rent reserved €70,004 per annum.

Contact Us

Niamh O'Grady
Vendor's Solicitor

Contact Us

Niamh O'Grady
Vendor's Solicitor

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Description

The property is arranged over ground and two upper floors to provide an end of terrace ground floor restaurant unit together with overhead office accommodation overhead which benefits from independent access.

Total floor area extending to approximately 241 sq. m (2,594 sq. ft).

Location

  • Rathgar is a desirable south Dublin suburb.
  • The area is situated immediately south of Rathmines and west of Milltown approximately 2.9km south of Dublin city centre.
  • Transport connections are provided by the R114 Rathgar Road providing direct access to the city centre and southbound towards the M50, public transport is available via several bus routes together with the Luas Green Line from Beechwood approximately 1.2km to the east.
  • The property is situated to the northern side of Terenure Road East close to the junction with Orwell Road and Rathgar Avenue.
  • Surrounding occupiers include Super Valu, OBriens Off Licence, Howards Way, Bijou Bistro, and Kanum Thai.

Property Table

Floor Present Lessee Accommodation Sq.m (Sq.Ft) Lease Terms Current Rent Reserved € p.a.
    Total 241 sq. m  (2,594 sq. ft)    €70,004 p.a. 
Ground Floor Individual t/aThe Revolution Pizzeria  Restaurant 101 sq. m  (1,087 sq. ft)

 25 year lease from April 2012

FRI terms

Rent review due April 2022

There are break clauses in year 5, 10, 15 & 20.

 €35,004 p.a. 
First and Second Floor Poniard Limited t/a Richard Power Bookmakers  Office 140 sq. m  (1,507 sq. ft) Informal tenancy  €35,000 p.a. 

VAT

Please refer to Legal Documents

BER Rating

E1 - F

BER Identification Number

Available from BidX1

Energy Performance Indicator

1517.45 kWh/m²/yr - 803.04 kWh/m²/yr

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*Terms & Conditions

No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.

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