Prominent High Profile Building FOR SALE – Dun Laoghaire, Co. Dublin A96 E5F3

 FOR SALE – Freehold & Private Treaty – Tenants Not Affected [See Tenant Information below]

1 Upper Georges St & 111 Patrick St, Dun Laoghaire, Co. Dublin A96 E5F3. Ireland

This very prominent building stands at the junctions of Upper Georges St, Patrick St, Marine Rd & Lower Georges St, Dun Laoghaire, Co. Dublin. Ireland

The Property consists of a ground floor Retail Jewellers, with separate entrance [to the left of the entrance to the jewellers] to Offices on 2 Floors above, together with ground & 1^st Floor Offices [with separate entrance] at 111 Patrick St.

Total Internal area [1 Upr Georges St + 111 Patrick St]: 601m2/6469sqft

Tenant Information

1. The ground floor Retail unit is an ex bank branch with enhanced security & operates as a Retail & Manufacturing Jewellers; the owners of these buildings operate the Jewellery business & will retire after the buildings are sold when the Retail unit will have vacant possession.
   The Retail area is 171m2/1842sqft with a Basement area of 35m2/377sqft.
   We have recently Let a building adjacent to No. 1 & based on the Rent Achieved, we believe No 1 will let at a Rent in the Region of €60,000 a year.
2. The Top 2 Floors are Tenanted by a Design Co, total floor area 237.82m2/2561sqft: Current Rent €36k + Vat a Year, Tenant wants a long term Lease; currently the Demise Repair & Insure Lease is on a rolling 3 month basis
3. 111 Patrick St is Tenanted by an Architects practice & has an area of 157m2/1689sqft; Current Rent €12k + Vat a Year; currently this is a Full Repair & Insure 3 month rolling Lease & the tenant has stated they want a long term FRI Lease; we believe & based on our recent experience of Lettings in Dun Laoghaire, this unit is substantially under let.
4. Sale of this building is because the owners [& operators of the retail jewellers] want to retire; once the sale is completed, the retail unit will be vacated.

    BER: E2 – Number: 800909806 – Performance: 485.13kWh/m2/yr2.45

PRICE: €2,500,000

VIEWING: By Appointment

DISCLAIMER: Details & information are given in good faith & believed to be correct & accurate. However, Burke Kennedy Estate Agents Ltd & their agents shall not be held liable or responsible for inaccuracies. All descriptions, dimensions, references to condition & permission for use & occupation, & other details are believed to be correct but any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their correctness.

Burke Kennedy Estate Agents Ltd do not hold any Client/Tenant/Purchaser funds.
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