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Sandyford Village, Leopardstown, Dublin 18


Type
Commercial

Status
Sale Agreed

Size
100 sq. m

BER

BER No: 800231805
Description

Description
An excellent opportunity to acquire an investment property in the heart of Sandyford Village. The property comprises a high-profile ground floor lock-up retail unit extending to approximately 100.6 sq.m., with a two-bedroom apartment overhead.

The retail unit was previously occupied by Paddy Power and is now vacant. It has a timber shopfront with electric roller shutter and a regular rectangular layout, averaging approx. 5m in width and extending over 21.6m in depth. Ancillary accommodation includes an accessible WC, staff WC and kitchenette to the rear, together with a fire escape door leading to a shared gated laneway. Most of the former fit-out has been stripped back to shell-and-core condition, with ceiling grid, lighting and air-conditioning cassettes remaining in place. The property may suit a wide range of retail or professional uses subject to planning permission.

There is separate street-level access to the first-floor two-bedroom apartment, which comprises an open-plan L-shaped living/dining area with kitchen, main bathroom, hot press and two bedrooms (one en-suite). There may be potential to extend the apartment over the retail flat roof subject to planning permission.

Investment Summary
Vacant ground floor retail unit
ERV: 40,000 p.a.
Retail Rent (potential): 45,465 p.a.
Apartment Rent: 20,000 p.a.
Total Potential Rent: 65,000 p.a.
Commercial Rates: 5,065 p.a.
Building Insurance: 400 p.a.
Ample customer parking available within Sandyford Village

Location
Sandyford Village is located just off the M50 in South County Dublin, approximately 9km south of Dublin City Centre. The property is positioned directly opposite St. Marys Church and The Sandyford House (public house). The village comprises a mix of residential and retail occupiers including PeaburyCaf, North Wood Fired Pizza, Nectar Wines, Keane Thompson Estate Agents, Mulveys Pharmacy, Hastings Surgery, The Sitting Room hairdressers and JP Ward Funeral Home. Sandyford Business Campus and Central Park are within a 5-minute drive and are home to multinational companies such as Vodafone, Google, Merrill Lynch and Microsoft.

Transport
The area is well served by public transport, with Dublin Bus routes 11, 44 and 144 nearby. Glencairn LUAS station is approximately a 15-minute walk, providing direct access to Dundrum Town Centre and St. Stephens Green. Sandyford Village is easily accessed via the M50 (Exits 13 or 15).