FOR SALE - Amazon S3s3-eu-west-1.amazonaws.com/mediamaster-s3eu/8/4/84958bf...Apartment (First...

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F O R S A L E D U B L I N 6 R A N E L A G H

Transcript of FOR SALE - Amazon S3s3-eu-west-1.amazonaws.com/mediamaster-s3eu/8/4/84958bf...Apartment (First...

Page 1: FOR SALE - Amazon S3s3-eu-west-1.amazonaws.com/mediamaster-s3eu/8/4/84958bf...Apartment (First Floor) 76.07 819 TOTAL 819 2,021 TENANCY The ground floor will be leased to Ducalla Limited

F O R S A L E

D U B L I N 6

R A N E L A G H

Page 2: FOR SALE - Amazon S3s3-eu-west-1.amazonaws.com/mediamaster-s3eu/8/4/84958bf...Apartment (First Floor) 76.07 819 TOTAL 819 2,021 TENANCY The ground floor will be leased to Ducalla Limited

Situated in one of Dublin’s most

convenient and sought after

locations in the heart of Ranelagh.

The property is located along the

bustling main street, opposite Bank

of Ireland, which enjoys a high

volume of passing traffic and strong

footfall. The surrounding area is a

hub of activity, with a wide range of

amenities including a host of bars,

restaurants and cafes.

Excellent transport links are

available in the immediate vicinity

with numerous bus routes serving

the area and providing connectivity

to the city centre and suburbs. The

LUAS Green line is accessible at

Ranelagh and Beechwood, which

are both just a short walk from the

property.

A multitude of well-known

restaurants and retailers are located

in Ranelagh; - Tribeca, Cinnamon,

Milano, Mario’s and The Butcher’s

Grill are located in the immediate

vicinity. Well known retailers include

SuperValu, Lidl and Tesco.

NUMEROUS DUBLIN BUS ROUTES

SERVE THE AREA

AMPLE ON-STREET METER PARKING

AVAILABLE

THE GREEN LINE LUAS IS AVAILABLE AT RANELAGH AND

BEECHWOOD

LOCATION

SQ M SQ FT

Restaurant (Ground Floor): 81.86 881

Rear Unit 29.79 321

Apartment (First Floor) 76.07 819

TOTAL 819 2,021

TENANCYThe ground floor will be leased to Ducalla Limited t/a

Bunsen by way of a 15 year internal repairing and insuring

lease at a rent of €65,000 per annum. The first five years

of the lease will be guaranteed by Bolus Restaurants Ltd.

The commencement date of the lease will coincide with the

completion of the sale and there will be a tenant break option

at the end of year 10 subject to six months written notice.

The apartment is let by way of a standard one year

residential tenancy agreement at a rent of €2,600 per month

(€31,200 per annum).

Full lease details available upon request.

THE TENANTBunsen opened their first restaurant in Ireland in 2013 and

have now expanded to four restaurants in Dublin and one in

Cork. They now employ over 100 staff and are undoubtedly

the market leader in their field.

DESCRIPTION

The property comprises a high profile part single / part two

storey building with a single storey commercial unit to the

rear. The ground floor is in restaurant use and laid out to

provide modern open plan dining with attractive banquette

seating, feature timber walls, polished concrete floors and

stylish spot lighting. The kitchens are located to the rear. The

food preparation area, cold store room and freezer room are

located in the single storey building to the rear. The ground

floor extends to 1,202 sq ft and provides for 45 covers.

The first floor is in residential use, comprising a modern

apartment that has been fully refurbished and presents

in immaculate condition. The apartment provides for

three double bedrooms, spacious living / dining room,

wc with shower and a fully fitted kitchen with all modern

conveniences.

The apartment is accessed independently just off Ashfield

Avenue.

RETAIL UNIT IN RESTAURANT USE AND MODERN

THREE-BEDROOM APARTMENT

HIGH PROFILE POSITION

STRONG RETAIL AND RESIDENTIAL LOCATION

FULLY LET, PRODUCING €96,200 PER ANNUM

R A N E L A G H

HIGHLIGHTS

Ranelagh Luas Stop

ACCOMMODATION SCHEDULE

Page 3: FOR SALE - Amazon S3s3-eu-west-1.amazonaws.com/mediamaster-s3eu/8/4/84958bf...Apartment (First Floor) 76.07 819 TOTAL 819 2,021 TENANCY The ground floor will be leased to Ducalla Limited

TITLE

We understand the property is held under a Freehold title.

SOLICITOR

Barry MacCarthyMacCarthy Johnson Solicitors37 Fitzwilliam Place, Dublin 2Tel: +353 (1) 669 [email protected]

BER

Commercial

CONTACT

STEPHEN CONWAY [email protected]

PAUL CUMMINS [email protected]

Colliers InternationalHambleden House19-26 Lower Pembroke StreetDublin 2Tel: +353 (1) 633 3700

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Upper Floor Apartment

The above particulars are issued by Colliers International on the understanding that all negotiations are conducted through them. Every care is taken in preparing the particu-

lars which are for guidance only and the firm do not hold themselves liable for any inaccuracies. Maps are not to scale and areas/dimensions are approximate. All reasonable

offers will be submitted to the owners for consideration but the contents of this brochure will not be deemed to form the basis of any contract subsequently entered into.