Landen House, Upper Georges St, Dun Laoghaire, Dublin

Office Contract Deposit Applies
This auction has ended!
   
Final Bid:
€295,000.00
  • Overview
  • Particulars
  • Agent Details
  • Deposit & Charges Explained

Property Overview

The Leinster Property Auction in partnership with Team Lorraine Mulligan

Offered at bids over €255,000

This rare investment opportunity to acquire a very attractive C.1,600 sqft commercial building on the main street in the bustling town of Dun Laoghaire.

This property enjoys an attractive down stairs retail unit with access to a back lane. `59, Upper Georges Street` also enjoys a side front door entrance with access to upstairs extended offices which could be changed to residential apartment/living accommodation if the purchaser desires subject of course to the relevant planning permission.

`59, Upper Georges Street` enjoys a bustling main street presence with tremendous daily foot fall. This property is located in the heart of Dun Laoghaire, walking distance from `The Peoples Park`, bus routes and the `Dart Station`. There is enormous plans for Dun Laoghaire with the potential investment of over 10.5 million euro in the `Dun Laoghaire Shopping Centre` which will inevitably boost the over all attractiveness of the area in terms of employment, investment and improved facilities.

Don`t miss this excellent commercial investment opportunity. Call us today to arrange a viewing. Please note that this is truly a `turn key` unit and ready for business straight away. Leasehold Title with a term of 999 years.

SIZE: C. 1600sqft. (C. 148sqm) (This includes top
and bottom floors)


TENANT: Downstairs tenant not affected. Rent review
5/11/17.

RENTS PAYABLE: Downstairs €19,000 per year (could be €25,000) Upstairs €12,000 per year or potentially more

RATES PER YEAR: Downstairs €4,160, Upstairs €2,200 per year
Approx

CURRENT LEASE IN PLACE: 15 year lease 5/11/2009 - 2024
8 years left on lease

TITLE Leasehold Title with a term of 999 years.

SERVICES: Mains water and sewerage.

HEATING: Storage heaters.

VAT: Exempt

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

Starting Bid and Reserve Price

*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.

Auctioneer's Comments

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 Rating (BERs)

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.

Property Particulars

Please contact us for more information about this property.

Team Lorraine Mulligan of REMAX Results

Head Office: RE/MAX Results, Celbridge, Co. Kildare, W23V 8W5

Deposit & Charges Explained

Landen House, Upper Georges St, Dun Laoghaire

Online Auctions

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.

 

Need More Information?

For further information or to speak to one of our team, please call 01 687 5040.

Disclaimer

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.

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