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Lot 8
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1 March 2012 Auction
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| Reserve Price Not to Exceed | €175,000 | | Result | €190,000 |
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Dublin 1Apartment 441 Block J Castleforbes Square Upper Mayor Street
A Long Leasehold Seventh Floor Three Bedroom Apartment subject to a TenancyRESERVE NOT TO EXCEED €175,000 On the instructions of the Receiver, Ernst & YoungTenureLong Leasehold. The property is held on a lease for a term of 800 years from 1st January 2005 (thus having approximately 794 years unexpired) at a peppercorn ground rent.LocationThe property is located in the Castleforbes development, which is situated just off North Wall Quay in the north city centre. The development is adjacent to the LUAS Red Line Light Rail, O2 Stop. The International Financial Services Centre is approximately 1.6 km to the west with Connolly Station, the new Convention Centre Dublin and the O2 being close by. The city centre's main business, shopping and entertainment districts are all within walking distance. The property is accessible to several colleges including Trinity College and Dublin Institute of Technology and nearby transport links include the main Dublin Bus city centre routes, the LUAS, the DART and Mainline Rail services at Connolly Station. DescriptionThe property comprises a self-contained seventh floor apartment in a block arranged over ground and seven upper floors. The property benefits from a balcony.AccommodationReception Room, Three Bedrooms, Kitchen, BathroomTenancyThe property is subject to a Tenancy at a rent of €15,600 per annum.To ViewPlease go to www.allsopspace.ie to see the viewing schedule for this lot.Seller's SolicitorMessers Alfred Thornton & Co (Ref: Mr A Thornton) Tel: + 353 (0)1 216 4616 To request a legal pack please refer to www.allsopspace.ieCurrent Gross Rent Reserved €15,600 per annum
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