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Lot 58
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6th July 2012 Auction
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| Reserve Price Not to Exceed | €75,000 | | Result | €105,000 |
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Dublin 857 The Tannery
Cork Street
A Leasehold Purpose Built Fourth Floor One Bedroom Apartment with a Parking Space, subject to a TenancyBY ORDER OF the receiver, david hughes of ernst & youngRESERVE NOT TO EXCEED €75,000 TenureLong Leasehold. The property is held on a long lease for a term of 999 years from 1st January 2006 (thus having approximately 993 years unexpired) at a peppercorn ground rent.LocationLocated on Cork Street in Dublin 8, the property is within walking distance of the LUAS, Dublin city centre and The Coombe Hospital. Numerous bus routes are on the doorstep and there is a host of amenities in the vicinity including an extensive range of shops, restaurants and bars.DescriptionThe apartment is situated on the fourth floor of Block 'C', a purpose built block arranged over ground and six upper floors. The property benefits from a balcony. AccommodationThe property was not internally inspected by Allsop Space. The following information was provided by the Receiver.
We understand the property provides:
Reception Room, Bedroom, Kitchen, Bathroom/WCTenancyThe property is subject to a Tenancy for a term of 12 months from October 30th 2009 at a rent of €900 per month.
The tenant is currently over holding on the current lease agreement on a month to month basis.To ViewPlease go to www.allsopspace.ie to see the viewing schedule for this lot.Seller's SolicitorAlfred Thornton & Co (Ref: Mr A Thornton).
Tel: +353 (0)1 216 4616/216 4617
Fax: +353 (0)1 216 4621.
To request a legal pack, please refer to www.allsopspace.ieCurrent Gross Rent Reserved €10,800 per annum
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