55-56 Talbot Street, Mountjoy, Dublin 1, Ireland

Details

Estimated Rental Value Circa €142k Year 2021 Rent Review Outstanding** Low capital value €1.5m/6728 sq.ft=€223/sq.ft A feasibility study was done by Douglas Wallace potential for 3 additional apartments (S.P.P.)

///DATAROOM/// https://55-56talbotstdublin1.com/

///TENANCY///

Tenant 1: 4 Kings Amusements Limited -Occupied areas: Ground Floor: 2691 sq.ft + Basemen: 1787 sq.ft. -Lease Term: 25th Aug 2016 – 24th Aug 2036 -Current Annual Rent: €45,000

Tenant 2: Private Residential tenant -Occupied areas: 1st Floor: 1119 sq.ft; -Description: -Apt No. 1 (2bed 2 baths) -Current Annual Rent: €26,400

Tenant 3: Private Residential tenant -Occupied areas: 2nd Floor: 1130 sq.ft; -Description: -Apt No. 2 (2bed 2 baths) -Current Annual Rent: €26,400

///PROPERTY/// – Complete renovation in 2020 – 24-hour CCTV security system

///LOCATION/// -Excellent public transport service at its doorstep including Dublin Bus, Aircoach, LUAS Cross City line, Dublinbike, Connolly Train Station

///SURROUNDING DEVELOPMENT/// -Dublin Central, https://dublincentral.com/ -Clerys Quarter, https://clerysquarter.ie/ -Connolly Quarter, https://www.dublinlive.ie/news/dublin-news/700-new-homes-state-art-22542568 -Dublin city centre site with approval for 177-bedroom hotel that is located at Amiens Street site occupies prime location next to Connolly station and the IFSC https://www.irishtimes.com/business/commercial-property/dublin-city-centre-site-with-approval-for-177-bedroom-hotel-seeking-12m-1.4844204

Email office@capelabbey.com for further information or viewing appointments