Two office investments in the heart of Rathmines, Dublin 6, are quoting a combined €900,000 through Browne Corrigan Chartered Surveyors. The offices are located in a mews building and converted cut-stone warehouse at 9 Castlewood Place. These are producing a combined rent roll of €48,500 from two tenants.
Accessed via an attractive landscaped courtyard, the offices in the two-storey converted warehouse extend to 207sq m (2,228sq ft) and have four car-parking spaces.
This high-spec own-door office building is flooded with light from first-floor level and comes fully cabled and fitted out.
It is let to Vista Foods Ltd at €32,000 on a five-year lease which expires in February 2018. The agent is guiding €575,000 for this asset.
The Mews, at 9 Castlewood Place, which is valued at €325,000, is a modern own- door office building at first- and second- floor level. It is bright, spacious and fully cabled and fitted.
The Mews is currently let to Dental Flair Ltd on a one-year lease at €16,500 per annum. The lease expires on October 20th, 2016.
Peter Browne of the selling agents Browne Corrigan says that the lot sizes, together with their high-spec, should appeal to a broad range of investors seeking value and quality in a great location.
