78B, Talbot Street, Dublin 1
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Auction
- Lot 168
- Ireland
- Retail
- Commercial
GUIDE PRICE €290,000
Property Summary
- A retail investment.
- Extending to approximately 35 sq. m (375 sq. ft).
- Let to Jack Lin Mobile Ltd t/a GSM Connection.
- Lease expiry 2028.
- City centre location.
- Current rent reserved €28,600 per annum.
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Description
The property is arranged over ground floor only to provide a mid terrace retail unit.
Total floor area extending to approximately 35 sq. m (375 sq. ft).
Total shop frontage extending to approximately 5.5 m.
Location
- Dublin 1 forms one of Dublins busiest shopping districts and tourist locations.
- The area is situated immediately to the north of the River Liffey at Dublins city centre.
- The area is serviced by numerous public transport facilities including DART, Luas and Dublin Bus. The LUAS runs close by on Marlborough Street
- The property is located on an exceptionally busy section of Talbot Street beside the junction with Gardiner Street and the main bus stop for the north city bus routes.
- The retail unit benefits from very high footfall, being the main thoroughfare between Henry Street and the IFSC / Docklands.
- Surrounding occupiers include Independent Newspapers, The Bon Crubeen Restaurant, Spar and SuperValu.
Tenancy
The entire property is at present occupied under a tenancy by at a rent of €28,600 per annum. The entire property is at present let to Jack Lin Mobile Ltd t/a GSM Connection for a term of 10 years from 06.08.2018 at a contractual rent of €28,600 per annum, exclusive of rates.
N.B: The tenant has also leased a separate unit to the rear of the freehold. These 2 units are joined together for the purposes of the business. We are further advised by the vendor that the tenant has been in occupation since 2007 and has recently signed up to a new lease.
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*Terms & Conditions
No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.
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