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Unit 5 & 6 Coolock Village Centre, Dublin 5


Price
€395,000

Type
Commercial

Status
For Sale

Size
115 sq.m.
Description

Presenting Unit 5/6, Coolock Village Centre, Kilmore, Dublin 5 " a fantastic investment opportunity offering a double retail unit spanning 115 sq. meters. Currently leased to St. Vincent de Paul, this property generates a strong passing rent of '28,000 per annum, with the tenant having traded successfully at this location for 14 years. The tenant covers rates, service charges, and reimburses the owner for building insurance, making this a hassle-free investment.
With the current lease expired and the rent below market rates, a new purchaser has the advantage of renegotiating a new lease with potential for rental uplift. The unit is in excellent condition, offering an open-plan shop floor, two storerooms, an office, a kitchen, and bathroom facilities.
Situated in the bustling Coolock Village Centre, the property benefits from ample visitor parking and proximity to thriving local businesses. With a gross yield of 7%, this is an excellent investment for hands-off investors looking to secure strong returns in a prime Dublin location.

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