PROPERTY PARTNERS O BRIEN SWAINE offer this great investment property situated in a busy retail area known locally as the “17 Shops”. Cabra Road is one of the main arteries into Dublin City Centre with extremely high footfall and passing traffic. There are over 40 separate business operating in the immediate vicinity with access to over 50 parking spaces along the retail strip.
The property is a mid terrace building with a commercial retail unit at ground floor and a 3 bedroom duplex apartment above. The current passing rent is €72,692 per annum. The ground floor unit is occupied by Paddy Power and incorporates an open plan shop area with associated screens ,displays and signage, a retail desk area and storage and staff facilities to the rear.
The apartment above has recently been refurbished and is presented in excellent condition. The accommodation is laid out as entrance hall, storage and kitchen area downstairs with landing, livingroom, 3 bedrooms, WC and bathroom upstairs and also access to the rear yard. The windows are UPVC double glazed and the heating system is gas fired central heating.
Cabra is an inner suburb of Dublin City located approximately 2 kilometres northwest of Dublin City Centre with a population of approximately 20,000. Neighbouring areas include Phibsborough to the east, Stoneybatter to the south and Navan Road and Ashtown to the west.
The location is surrounded by some of the most popular amenities in the country including The Phoenix Park, TU Grangegorman College Campus and the National Botanic Gardens. The area is serviced extremely well with excellent public transport including the Luas Line and regular bus routes into the city centre.
Some of the neighbouring occupiers include AIB Bank, Lloyds Pharmacy, Dominos and Ascot Dry Cleaners.
FLOOR: Ground floor:
SIZE : 162.46 sq m
TENANT : Paddy Power
LEASE DETAILS: 35 year lease from 16th Jan 1998
ANNUAL RENT €50,000
FLOOR: 3 Bed Apartment:
SIZE: 75.71 sq m
TENANCY : Sitting tenant
LEASE DETAILS: Since 29th March 2021
ANNUAL RENT : €22,692
Rates: €7,234.50 per annum