FOR SALE - Amazon S3s3-eu-west-1.amazonaws.com/mediamaster-s3eu/8/4/84958bf...Apartment (First...
Transcript of FOR SALE - Amazon S3s3-eu-west-1.amazonaws.com/mediamaster-s3eu/8/4/84958bf...Apartment (First...
F O R S A L E
D U B L I N 6
R A N E L A G H
Situated in one of Dublin’s most
convenient and sought after
locations in the heart of Ranelagh.
The property is located along the
bustling main street, opposite Bank
of Ireland, which enjoys a high
volume of passing traffic and strong
footfall. The surrounding area is a
hub of activity, with a wide range of
amenities including a host of bars,
restaurants and cafes.
Excellent transport links are
available in the immediate vicinity
with numerous bus routes serving
the area and providing connectivity
to the city centre and suburbs. The
LUAS Green line is accessible at
Ranelagh and Beechwood, which
are both just a short walk from the
property.
A multitude of well-known
restaurants and retailers are located
in Ranelagh; - Tribeca, Cinnamon,
Milano, Mario’s and The Butcher’s
Grill are located in the immediate
vicinity. Well known retailers include
SuperValu, Lidl and Tesco.
NUMEROUS DUBLIN BUS ROUTES
SERVE THE AREA
AMPLE ON-STREET METER PARKING
AVAILABLE
THE GREEN LINE LUAS IS AVAILABLE AT RANELAGH AND
BEECHWOOD
LOCATION
SQ M SQ FT
Restaurant (Ground Floor): 81.86 881
Rear Unit 29.79 321
Apartment (First Floor) 76.07 819
TOTAL 819 2,021
TENANCYThe ground floor will be leased to Ducalla Limited t/a
Bunsen by way of a 15 year internal repairing and insuring
lease at a rent of €65,000 per annum. The first five years
of the lease will be guaranteed by Bolus Restaurants Ltd.
The commencement date of the lease will coincide with the
completion of the sale and there will be a tenant break option
at the end of year 10 subject to six months written notice.
The apartment is let by way of a standard one year
residential tenancy agreement at a rent of €2,600 per month
(€31,200 per annum).
Full lease details available upon request.
THE TENANTBunsen opened their first restaurant in Ireland in 2013 and
have now expanded to four restaurants in Dublin and one in
Cork. They now employ over 100 staff and are undoubtedly
the market leader in their field.
DESCRIPTION
The property comprises a high profile part single / part two
storey building with a single storey commercial unit to the
rear. The ground floor is in restaurant use and laid out to
provide modern open plan dining with attractive banquette
seating, feature timber walls, polished concrete floors and
stylish spot lighting. The kitchens are located to the rear. The
food preparation area, cold store room and freezer room are
located in the single storey building to the rear. The ground
floor extends to 1,202 sq ft and provides for 45 covers.
The first floor is in residential use, comprising a modern
apartment that has been fully refurbished and presents
in immaculate condition. The apartment provides for
three double bedrooms, spacious living / dining room,
wc with shower and a fully fitted kitchen with all modern
conveniences.
The apartment is accessed independently just off Ashfield
Avenue.
RETAIL UNIT IN RESTAURANT USE AND MODERN
THREE-BEDROOM APARTMENT
HIGH PROFILE POSITION
STRONG RETAIL AND RESIDENTIAL LOCATION
FULLY LET, PRODUCING €96,200 PER ANNUM
R A N E L A G H
HIGHLIGHTS
Ranelagh Luas Stop
ACCOMMODATION SCHEDULE
TITLE
We understand the property is held under a Freehold title.
SOLICITOR
Barry MacCarthyMacCarthy Johnson Solicitors37 Fitzwilliam Place, Dublin 2Tel: +353 (1) 669 [email protected]
BER
Commercial
CONTACT
STEPHEN CONWAY [email protected]
PAUL CUMMINS [email protected]
Colliers InternationalHambleden House19-26 Lower Pembroke StreetDublin 2Tel: +353 (1) 633 3700
Residential
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C L O N G R I F F I N /T A L L A G H T R O U T E
S W O R D S - A I R P O R T /C I T Y C E N T R E R O U T E
Dawson
Westmoreland
O’ConnelUpper
Marlborough
Trinity
St . Stephen's Green
O’ConnelGPO
Harcour t
Charlemont
Ranelagh
Beechwood
Cowper
Mil l town
Tara Street
Pearse
Grand C anal Dock
Lansdowne Road
S andymount
Sydney Parade
S M I T H F I E L D
T E M P L EB A R
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B A L L S B R I D G E
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D A R T R Y
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T H E C O O M B E
H A R O L D ’ S C R O S S
P O I N T V I L L A G E
D U B L I NP O R T
R I V E R L I F F E Y
D U B L I N B A Y
D O N N Y B R O O K
Smithf ie ldFour Cour t s
Jer vis
Abbey StreetGeorge's Dock
Mayor S quare
Spencer Dock The Point
Busáras
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U N I V E R S I T Y
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P A R K
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Upper Floor Apartment
The above particulars are issued by Colliers International on the understanding that all negotiations are conducted through them. Every care is taken in preparing the particu-
lars which are for guidance only and the firm do not hold themselves liable for any inaccuracies. Maps are not to scale and areas/dimensions are approximate. All reasonable
offers will be submitted to the owners for consideration but the contents of this brochure will not be deemed to form the basis of any contract subsequently entered into.