92 Ranelagh Village, Ranelagh, Dublin 6 D06 V4H3€1,050,000

Investment Property 193 m² / 2077 ft² For Sale F

Description

***FOR SALE - TENANTS NOT AFFECTED***

DNG Advisory & Galvin Property & Finance bring to the market a prime mixed use investment opportunity in one of Dublin's most sought after locations. Situated in the affluent and central south Dublin City suburb of Ranelagh, The opportunity comprises the following mix:
 
1 x Fully licensed Restaurant c. 92sq. m, 1 x 3 bedroom apartment c. 70sq .m, 1 x 1 bedroom apartment 31 sq. m

Breakdown of Income:

1. Butchers Grill - c. €41,000 per annum
2. 3 Bedroom Apartment - c. €27,000 per annum
3. 1 Bedroom Apartment - c. €13,200 per annum

Total - c. €81,200 per annum

This is a fantastic opportunity to purchase an excellent investment property situated in the heart of Ranelagh Village. This property benefits from a prime pitch in the Village and just a few minutes walk from Ranelagh LUAS Station and Rathmines Village. The strength of the location is supported by nearby occupiers including SuperValu, Lidl, AIB, Tribeca & The Tap House. This is a vibrant location in one of the city's premier business, dining and entertainment addresses.

This property is a very well maintained mid terrace property comprising three storey's. The attractive ground floor retail unit has restaurant use with a bar area and currently trades as The Butcher Grill. The first floor is let as a one Bedroom self contained apartment while the 2nd floor is let as a self contained three bedroom apartment.

Features

- Prime Location
- Reversionary potential
- 2 high end apartments and fully licensed restaurant 
- Current passing rent of €81,200 per annum.
- Direct access to shops, LUAS station and amenity space.
- Excellent high demand rental location

BER Details

BER: F

Viewing Details

GUIDE PRICE
€1,050,000.
 
FURTHER INFORMATION/VIEWINGS PLEASE CONTACT:
By appointment with the joint selling agent DNG Advisory & Galvin Property & Finance
.
For further information please contact:

Gareth Noone - 087 618 2449 / garethnoone@dng.ie
Caelan Donnan - 086 025 1817 / caelandonnan@dng.ie
James Galvin - 086 827 4544 / james@galvin.ie