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Units 2, 4, 5 and 7 Bloom Lane, Quartiere Bloom, Lower Ormond Quay, Dublin 1

  • Auction
  • Lot 323
  • Ireland
  • Retail
  • Commercial

GUIDE PRICE €1,000,000

Property Summary

  • A multi-unit retail investment.
  • Comprising four retail units.
  • Extending to approximately 200 sq. m (2,156 sq. ft) in total.
  • Unit 2 let to Savage Streetwear Limited (overholding).
  • Unit 4 let to an individual t/a K&K Salon
  • Lease expiry 2026
  • Unit 5 let to an individual t/a Amirs Delight
  • Lease expiry 2022
  • Unit 7 occupied under terms unknown.
  • Significant reversionary potential.
  • Total current rent reserved €62,557.82 per annum (inclusive of VAT).

Contact Us

Gillian Earley
Gillian Earley
Property Agent, here to help.
Neil Dunne
Vendor's Solicitor

Contact Us

Gillian Earley
Gillian Earley
Property Agent, here to help.
Neil Dunne
Vendor's Solicitor

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Description

The property is arranged over ground floor only to provide four retail units. The property forms part of a wider mixed use development over ground and four upper floors.

Location

  • Dublin 1 forms part of the city centre and is one of the busiest shopping and tourism areas of Dublin.
  • The area is situated directly north of the River Liffey to the west of East Wall and east of Smithfield.
  • Transport facilities are provided by the Luas stop at Jervis Street, together with a DART station at Connolly, and numerous Dublin Bus Routes.
  • The property is situated in an area known as "The Italian Quarter".
  • Surrounding occupiers include The Morrison Hotel, The Four Courts and Jervis Shopping Centre.

Property Table

Total   200 sq.m  (2,156 sq. ft)   €62,557.82 p.a. (1)
Unit Tenant Sq. m (Sq. ft) Lease terms Current Rent € p.a.
Unit 2 Savage Streetwear Limited 65 sq. m (699 sq. ft) 4 year 9 month from 01.09.2009 €17,735.54 p.a.
Unit 4 Individual t/a K&K Salon 34 sq. m (368 sq, ft) 10 years from 11.04.2016
5 yearly rent reviews
€14,760.00 p.a.
Unit 5 Individual t/a Amirs Delight 42 sq. m (450 sq. ft)

10 years from 2012

€15,374.88 p.a.
Unit 7 Individual t/a Bloomslane Boutique 59 sq. m (639 sq. ft) Terms unknown €14,687.40 p.a.
(1) Rents quoted are inclusive of VAT

VAT

Please refer to Legal Documents

BER Rating

D1 - G

BER Identification Number

Available from BidX1

Energy Performance Indicator

1009.08 kWh/m²/yr - 2974.57 kWh/m²/yr 4.08

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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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