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  • For sale
SOLD - Unit 2-5, 60A Long Mile Road - #1

For Sale

€1,500,000 EUR

Three adjoining retail showroom units

Easily managed and highly reversionary investment property

Currently producing €101,000 pa with potential to increase to €147,000 pax

Tenants not affected

This well known parade of commercial shops and showrooms is located on the east side of the Long Mile c 200 m before its junction with Walkinstown Avenue and approx 6km from
Dublin city centre. With easy access to the M50 and city centre it makes this a very popular destination for those businesses involved in home improvements. Bespoke Kitchen
and wardrobe fabricators, Specialist Timber flooring, Bathroom and Tile showrooms make this a must go destination for both trade and retail customers.

The property comprises three adjoining retail / showroom units extending to a total floor area of 9,666 sq ft . The subject property forms part of a three storey commercial building which
houses a variety of businesses primarily in the homeware lifestyle and DIY supply sector.  There is ample car parking to the front of the units which is shared with other tenants in the
block. In addition, there are 5/ 6 designated car spaces located to the side of the building.

This sale represents an excellent opportunity to acquire an easily managed investment property in a popular location which has the capacity to generate an attractive return for any purchaser. The letting of the vacant unit combined with a modest increase in an outstanding rent review could generate an additional €50,000 per annum. This would result in a yield of just over 9.2%