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Lot 51
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3 October 2012 Auction
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| Reserve Price Not to Exceed | €80,000 | | Result | €100,000 |
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Dublin 817 Tyrconnell Road
Inchicore
A Freehold Mid Terrace Building subject to a Commercial Leaseon the instructions of the receiver, kavanagh fennellRESERVE NOT TO EXCEED €80,000 TenureFreehold.LocationThe property is located in a prominent location at the north-east end of Tyrconnell Road, towards Emmet Road and Grattan Crescent. The property is situated approximately 4.4 km to the west of Dublin city centre. Public transport is available via numerous bus routes and the LUAS Green and Red Lines situated approximately 600 metres to the south of the property at Blackhorse. The property forms part of a retail parade with surrounding occupiers including Tesco Express, Spar, Bank of Ireland and a Polish Mini Market.DescriptionThe property comprises a mid terrace building arranged over ground and first floors beneath a pitched roof. The property is internally arranged to provide a ground floor retail unit with storage to the rear and first floors. AccommodationThe property was not internally inspected by Allsop Space. The following information was provided by the Receiver.
We understand the property provides:
Ground Floor Retail - 97.45 sq m (1,049 sq ft)
Ground Floor Storage - 26.29 sq m (283 sq ft)
First Floor Storage - 33.63 sq m (362 sq ft)
Total - 157.37 sq m (1,694 sq ft)TenancyThe property is presently occupied on a Commercial Lease subject to the following terms:
Term: 35 years from April 1995 in favour of Mr Barry Smith t/a
Tru-Value.
Current Rent Reserved: €20,000 per annum.
Rent Review: Upwards only, every 3 years. To ViewPlease contact Allsop Space +353(0)1 678 9748.Seller's SolicitorMessrs O'Flynn Exhans Solicitors (Ref: Mr J Maume).
Tel: +353 (0)2 142 77788.
To request a legal pack, please refer to www.allsopspace.ieCurrent Rent Reserved €20,000 per annum
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