Turley Property Advisors are delighted to bring 99 Malahide Road, Donnycarney, Dublin 3 to the market for sale by Private Treaty. The property extends over three storeys and includes a retail unit
on the ground floor, on the 1st floor a hair salon, 2nd floor beauty salon and a small garage to the rear. The ground floor extends to 58 sq. m. and comprises two rooms for retail space, a small office,
kitchenette, and w/cs. There is a small yard which leads out to the rear garage of 19.7 sq. m. The first floor extends to 49.7 sq. m. and includes another large open plan area for the salon, customer
w/c and a staff area. Finally, the second floor extends to 27.3 sq. m. consists of an open plan area. The property extends to approx. 154.8 sq. m. (1,666 sq. ft.) Full vacant possession will be available on the ground floor and garage when the sale closes. There is the bonus of a pedestrian laneway to the rear. This is an excellent investment opportunity with an option to occupy the ground floor or garage to the rear.
99 Malahide Road is located directly opposite Clontarf Golf Club and is one of several retailers located along a parade of shops. The local area boasts a host of excellent local amenities and services including excellent schools, shops, coffee shops, pubs, and restaurants. There are recreational and sports amenities in the immediate vicinity with Clontarf Golf Club, Westwood Gym, Fairview Park and Crescent Park all less than a 10-minute walk from the front door. The M50 Motorway can be accessed via the Port Tunnel which is approx. 5.1km away.
There are numerous bus routes on both the Malahide Road and Clontarf Road offering access to and from the City Centre. Convenience of the location is underscored by the fact it is within walking distance to Clontarf Dart station and seafront promenade Dublin City Centre is just 3 km away. Dublin airport is located just 9km North West and just a 15-minute drive.
The Ground Floor and Garage is currently let to 'The Knitting Room' by way of a short-term lease from 1st March 2019 at a rent of 15,600 per annum. The tenant has agreed they will vacate when the sale closes.
The 1st & 2nd floors are let to 'Sophia Borza' by way of a 28 year and 3-month lease from 1st May 1997 at a rent of 14,400 per annum, ending 1st August 2025.
Total rental income is 28,800 per annum.