The Leinster Property Auction in partnership with Team Lorraine Mulligan
Offered at bids over €250,000
We welcome to the market this superb investment opportunity for the discerning business person. This is a superb top floor commercial unit spanning to C. 2,000 sqft (C.185sqm) located in a thriving and booming location.
The unit is currently been run as a busy Chinese restaurant but this unit would be suitable for many uses subject of course to the relevant planning permission. This unit enjoys a prime location and it is in the heart of old Lucan and within minutes’ drive of the M50 and the N4 motorway.
This superb property is sure to create a lot of interest and offers excellent yield potential.
RECEPTION:
7.14M X 2.02M
DINING ROOM:
14.46M X 9.86M
KITCHEN AREA
LADIES AND GENTS TOILETS X 2
MANAGEMENT FEES:
€5,124.18
RENT PER MONTH:
€2,500
LEASE TERMS:
6 years lease. (Copy of lease available upon request)
LEASE COMMENCED:
14H of October commenced 2016
BER C2
No: 800597148
PARKING:
2 car parking spaces to the rear of the property
To view this property or to make a bid please contact Team Lorraine Mulligan of REMAX Results, Tel: (01) 6272770 / 6283660 or email us at office@teamlorraine.ie or visit the auction website at www.leinsterpropertyauction.ie
*Please note all properties are subject to a starting bids price and an undisclosed reserve. Both the starting bid and reserve price may be subject to change. Terms and conditions apply to the auction, which is powered by IAM Sold Property Auctions.
This property is offered for sale by unconditional auction. The successful bidder is required to pay a 10% deposit and contracts are signed immediately on acceptance of a bid. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale.
Building Energy Ratings (BERs) give information on how to make your property more energy efficient and reduce your energy costs. All properties bought, sold or rented require an BER. BERs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your property could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All properties are measured using the same calculations, so you can compare the energy efficiency of different properties.
Please contact us for more information about this property.
A non-refundable contract deposit of 10% (minimum deposit of €6,500.00) is required to be paid by the successful bidder for this property.
A Bidder Security Deposit of €4,500.00 is required to be pre-authorised from the bidders debit or credit card through the payment facilities on the auction website when registering to bid. A bidder has also the option of transferring the minimum deposit amount by bank transfer to iamsold's client account to authorise them to bid on the Online Auction (please note, this option may take several days).
The pre-authorisation amount will only be captured from the successful bidder on acceptance of their bid. This will form part of the non-refundable part payment contract deposit.
Any balance of the full contract deposit must be paid by the successful bidder to iamsold within 48 hours of acceptance of their bid. The deposit balance can be paid by debit/credit card, or same day bank transfer to iamsold's client account.
All unsuccessful bidders will have their pre-authorisations released OR their bank transfer refunded within 5 working days of conclusion of an auction or withdrawal of the Lot from the Online Auction.
Bidders are required to pay a non-refundable €50.00 (including 23% VAT) registration fee per property they register to bid on.
For further information or to speak to one of our team, please call 01 687 5040.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection, measurement or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. Properties may be sold via online auction or public auction and bids made prior to public auction may be accepted by the vendors. IAM Sold and our partner auctioneer will share relevant personal information and transactional updates with each other so that we can effectively market and sell properties including the arrangement of viewings and follow up.