For Sale by Private Treaty

Transcription

1 1 to Camden Street Lower, Saint Kevin's, Dublin 2 4 For Sale by Private Treaty Investment Opportunity - Tenant not Affected

2 GRAFTON ST ST STEPHEN'S GREEN 1 DIT BUNSEN OPIUM BOBO'S ZAKURA to 4 HARCOURT ST

3 1 to 4 location Camden Street is one of Dublin s most lively areas with several popular restaurants, trendy bars & nightclubs and exceptional retail amenities serving the surrounding area. Camden Street is a 5 minute walk from St. Stephen s Green & a 10-minute walk from Grafton Street and is a highly desirable retail location. Occupiers in the immediate vicinity include Tesco, Starbucks, Boojum, Whelan s, Insomnia and Flannery s Bar. Transport links are second to none, with both DART and Luas within walking distance of the property, in addition to Dublin Bikes and numerous bus routes in the area. Camden Street has experienced a significant transformation in the last number of years in line with growth of the retail market. The area is now an attractive shopping and entertainment area in the centre of Dublin 2 especially in the Food & Beverage sector. Camden Street now enjoys a high volume of passing pedestrian and vehicular traffic during the day on both weekdays and weekends. 1-4 Camden Street Lower, Saint Kevin s, Dublin 2 The area is now an attractive shopping and entertainment area in the centre of Dublin 2

4 Accommodation The approximate net internal areas are as follows: SQ FT SQ M Basement 1, Ground 7, TOTAL 9, The floor area above is not assignable. Parties are advised to satisfy themselves.

5 Description 1-4 Camden Street Lower is a ground floor and basement retail unit situated within an impressive three storey mixed use end of terrace building. The unit is currently let in its entirety to one tenant producing a current rent of 280,000 per annum. The property occupies a prominent pitch on Camden Street, close to its junction with Camden Row and extends to approximately sqm (9,017 sq. ft.) t en a n cy 1-4 Camden Street Lower, Saint Kevin s, Dublin 2 The property is let to one tenant, Fresh Camden Street, producing a current rent of 280,000 per annum. Fresh Camden Street occupy the ground and basement, under the terms of a 25-year lease from January 2009, subject to a current passing rent of 280,000 per annum. The lease expires on the 31st December 2033.

6 zoning Viewings The zoning for this property is Z4 All viewings are strictly by District Centres under the Dublin appointment through the sole City Development Plan selling agent. contact to provide for and improve mixed service facilities. The property is also situated within a Conservation area and is listed as a Protected Structure. ber BER Rating: Exempt NATALIE BRENNAN T: (01) E: natalie.brennan@cbre.com Stephen Aherne title solicitor We understand that the title is OBH long leasehold. 17 Pembroke Street Upper Dublin 2 T: (01) T: (01) E: stephen.aherne@cbre.com Greg Kaveh T: (01) E: greg.kaveh@cbre.com Disclaimer: CBRE U.C., (CBRE Ireland) These particulars are issued by CBRE U.C., registered in Ireland, no PSRA Licence No on the understanding that any negotiations relating to the property are conducted through them. While every care has been taken in preparing them, CBRE U.C., for themselves and for the vendor/lessor whose agents they are, give notice that: (i) The particulars are set out as a general outline for guiding potential purchasers/tenants and do not constitute any part of an offer or contract. (ii) Any representation including descriptions, dimensions, references to condition, permissions or licenses for uses or occupation, access and any other details are given in good faith and are believed to be correct, but any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves (at their own expense) as to their correctness. (iii) Neither CBRE U.C., nor any of their employees have any authority to make any or give any representation or warranty in relation to the property. 1-4 Camden Street. Prepared May 2018.