Property Advert Details

BETTING SHOP INVESTMENT WITH TWO APARTMENTS OVERHEAD

PRICE: 395,000


GROUND FLOOR BETTING SHOP : c 146.79 sq.m. (1580 sq.ft) BER RATING B2

Large ground floor betting shop:
Betting shop reception, kitchenette, and toilet.
Disabled toilet.
Air conditioning system on ground floor only.
Entrance hall: Storage heating. Access to apartments.


First floor apartment: 80 sq. m. (861.1 sq. ft.) BER RATING : A3
Entrance Hall.
Open plan kitchen/dining/living room. 5.6m x 5.7m
Double glazed patio doors to patio area. Tiled and timber floor.
Utility room. 1.7 m x 3m
Bedroom 1: 6.3m x 2.4m. Built in wardrobes,
Bedroom 2: 6.3m x 2.1m. Built in wardrobes.
Hot-press.
Bath/Toilet : 3.0
m x 1.7m. Shower, toilet, wash-hand-basin, and bath
Large Balcony with fire escape.


Second floor apartment: 98 sq. m. (1,055 sq. ft.) BER RATING : B1
Entrance hall.
Open plan kitchen/dining room/living room. 6.85 m x 5.7 m small balcony.
Utility room: 1.7m x 3.0m Skylight
Bedroom 1: 6.0m x 2.6m. Built in wardrobes.
Bedroom 2: 1.9m x 7.3m. Built in wardrobes.
Bath/Toilet :1.7m x 2.7m Shower, toilet, wash hand basin and bath.



OUTSIDE: Small back yard. Fire escape. Concrete stairwell.
HEATING : Gas heating in 2 apartments and air conditioning on ground floor.
BUILDING REFURBISHED:
WINDOWS: PVC double glazed windows.
FIRECERT: Yes
RENTAL INCOME: 52,856


BETTING SHOP LEASE:
Tenant : Paddy Power Plc
Term of lease: 10 years
Commencement: 14th August 2015
Present rent: 35,000
Rent review: Every 5 years.
Expiry date: August 2025

GROUND FLOOR INCOME: 35,000 P/A
FIRST FLOOR INCOME: 760 p/m (9,120 p/a)
SECOND FLOOR INCOME: 728 p/m (8,736 p/a)
TOTAL RENTAL INCOME: 52,856



JOINT AGENTS: de Courcy Estate Agents 087 2565 444 & Resource Property Management 086 3955597

SOLICITORS:



VIEWING BY APPOINTMENT ONLY:

These particulars are issued by de Courcy Estate Agents on the understanding that any negotiations relating to the property are conducted through them. While every care is taken in preparing them, de Courcy Estate Agents, for themselves and for the vendor/lessor whose agents they are, give notice that: (1) The particulars are set out as general outline for guiding potential but must satisfy themselves (at their own expense) as their correctness. (3) Neither de Courcy Estate Agents or any of its employees have any authority to make any or give any representation or warranty in relation to the property.