189 Howth Road, Killester Dublin 3

189 Howth Rd, Clontarf, Dublin 3, D03 F381, Ireland

For Sale

€1,400,000

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Location:189 Howth Rd, Clontarf, Dublin 3, D03 F381, Ireland

Price:€1,400,000

Property Type:Investment property

Floor Area:2,564 Sq.ft

Status: For Sale

Description

*Tenant not affected

LOCATION
The property is situated on the southern side of the
Howth Road, approximately 5km Northeast of the city
centre near the junction of Collins Avenue and Castle
Avenue. The Howth Road links Sutton with Fairview and
is a main arterial route, which carries heavy volumes of
traffic both to and from the city centre.
The bank is situated on a busy parade of shops with
adjacent occupiers including Sherry FitzGerald, Expert
Hardware, Hamill Estate Agents. Supervalu is situated c.
100 metres from the property. The area is served by
Killester DART station and several bus routes linking
Dublin City Centre and North Dublin.

DESCRIPTION

The property comprises a two-storey detached building
with a two-storey extension to the rear. The building is of
traditional masonry construction with a redbrick outer leaf
to the first floor and a pebble dash rendering to the side
and rear, all under a natural pitch slate roof. To the front
there is parking for four cars while at the rear there is a
yard.
Internally the property is laid out as mostly open plan
retail on the ground floor with some cellular offices. The
first floor comprises offices, staff canteen and some
storage.

LEASE

189 Howth Road

The property is currently let to the Governor & Company of Bank of Ireland under a 25 year FRI lease from 29th September 2007 at a passing rent of €91,762 per annum. There are no break options and the rent is subject to review every five years on an upward only basis.

TITLE

The property is held on a long leasehold title for 233 years from 29th December 1933 at an annual rent of €25.39.

Features

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