Unit 2, Hyde Court, Townsend Street, Dublin 2

Unit 2, Hyde Court, Townsend Street provides for an exceptional Dublin City Centre investment opportunity with circa 10.5 years unexpired term remaining.

The entire is let to Dumbbell Fitness Ltd t/a F45 Training on a 15-year lease from 1st November 2018 at a passing rent of €50,000 per annum.

The property within the Hyde Court apartment complex extends to approx. 140 sq m (1,506 sq ft), comprising a fully fitted gym with additional unisex W/C, showers and a wheelchair accessible bathroom. It's prominent corner positioning provides for superb profile and access on to both Townsend Street and Shaw Street.

The commercial unit enjoys a highly accessible location with the DART, multiple Dublin Bus routes, Dublin Bikes, the LUAS Red line and the LUAS Green line servicing the immediate vicinity. It's conveniently located within a short walking distance to the IFSC, Trinity College, and the South Docklands which is home to major IT & Legal firms including Matheson, Mason Hayes & Curran, Google and Facebook.

Seeking offers in excess of €575,000 (exclusive of VAT) reflecting a NIY of 7.91% assuming standard purchasers' costs of 9.96%.

Please call for further information.