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Lot 35
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1 March 2012 Auction
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| Reserve Price Not to Exceed | €70,000 | | Result | €113,000 |
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Dublin 8Office Suite 3 34 Usher's Quay
A Leasehold Self-Contained First Floor Office Suite subject to an OccupancyOn the instructions of the Receiver, BDORESERVE NOT TO EXCEED €70,000 TenureLeasehold. The property is held on a lease for a term of 999 years from 1st January 2010 (thus having approximately 997 years unexpired) at a current ground rent of €1 per annum.LocationThe property is located on Usher's Quay on the south bank of the River Liffey. Usher's Quay is close to a wide range of shops with Grafton Street and Henry Street both within approximately 2 km of the property. Smithfield Station provides LUAS services respectively, and a range of bus routes provide access to the greater Dublin area.DescriptionThe property comprises a self-contained first floor office suite situated within a building arranged over ground and five uppers. The office benefits from a balcony. AccommodationThe property was not internally measured or inspected by Allsop Space. The following information was provided by the Receiver. We understand the property provides: Office Accommodation First Floor - Approximately 87 sq m (936 sq ft)TenancyThe property is currently occupied, however there is no tenancy in place. We are informed that the current rent being received is €1,500 per month.To ViewPlease go to www.allsopspace.ie to see the viewing schedule for this lot.Seller's SolicitorMessrs McCann Fitzgerald (Ref: Miss Majella Egan). Tel: +353 (0)1 829 0000. To request a legal pack, please refer to www.allsopspace.ieCurrent Gross Rent Received €18,000 per annum
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