Earls Court, Cork Street, Dublin 8, Dublin D08 DY2AMV: €275,000

Investment Property 454 m² / 4887 ft² For Sale By Auction D2

Description

For Sale by Public Auction in One Lot

Prime Investment Opportunity – Dublin 8.

Tax Designated – Section 23 & Capital Allowances available for investor or owner occupier.

2 x Retail Units & 1No & 1 x Live-Work Unit.

1. Retail Units – Joint Option to Tax – Purchaser to be VAT registered;
2. Live Work – inclusive of VAT.

Earls Court is a high profile feature development of 70 apartments with retail to ground floor stepping up to twelve floors in one of Dublin City Centres fastest growing and improving areas.

Earls Court is located in a pivotal position offering unrivalled proximity and accessibility to the city’s main business districts. The area has one of the best public transport routes in the city with the QBC on its door step and close proximity to the LUAS station near St. James’ Hospital. Earls Court is within walking distance of Grafton Street & St Stephens Green.

The development is well maintained through the current management company structure.

There is strong residential and retail rental demand in this particular area due to its proximity to transport links and overall central location.

This is an excellent opportunity for the astute investor to acquire such a portfolio in this popular city centre location where future capital appreciation is very likely.

Features

Mixed use investment – Commercial & Commercial/Residential

Tax designated - Section 23 & Capital Allowances available for investor or owner occupier.

Opposite The Coombe Hospital and close to the junction with South Circular Road.

The retail units are at shell and core stage with high profile frontage.

Ample retail potential for a pharmacy, coffee shop / delicatessen and other uses subject to PP.

Fully functioning MUD compliant management company.

BER Details

BER: D2 - C2

Accommodation

The portfolio, offered for sale in one lot, comprises of:

Live-Work Unit
Well laid out 2 bed live-work unit
c. 104 SqM in total with the living accommodation c. 75 SqM and the work unit c. 29 SqM.

Retail Unit 1
Retail unit - 69 SQM
finished to shell and core stage

Retail Unit 2
Retail unit - 281 SQM
finished to shell and core stage

Car Parking
1No. designated underground car parking space.

Viewing Details

Viewing
Viewing is strictly by appointment only.

Rates

We understand that the retail properties are not yet listed for commercial rates however, we understand the average /sqm rate in this area is between €250 & €300.

VAT

1. Retail Units – Joint Option to Tax – Purchaser to be VAT registered;
2. Live Work – inclusive of VAT.

Price History for Earls Court, Cork Street, Dublin 8, Dublin

  • -€75,000.00 -21.43% €350,000.00 €275,000.00
    22 May 2017
  • €100,000.00 40% €250,000.00 €350,000.00
    18 May 2017