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Retail & Leisure

Unit 2, Hyde Court, Townsend Street, Dublin 2

POA For Sale 140.00 sqm approx

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.

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