Agreed Contact agent for details - commercial-sale, investment property
Bespoke Estate Agents are delighted to present this superb investment opportunity at 8-9 Marino Mart, overlooking Fairview Park in Dublin 3. The property is fully let and the tenants are unaffected.
A combined annual rent of 88,100 with 5 and 10 year terms having commenced between 2021 & 2022. (full details on request) in addition to service charges. Strong business covenants in Insurance, accounting and food export.
Initial yield of nearly 7.5% before costs in this well located and maintained commercial investment.
Located on one of the primary transit routes into the City Centre, the property is in an excellent commercial location with high footfall and busy residential and commercial activity in the vicinity. Just 3km from the City Centre, Marino Mart is a well-established commercial centre with many retail, food and professional services businessTMoperating locally. Notable neighbouring operators include Wrights of Marino, Spar, Bank of Ireland, Chopped and Westwood Gym.
Transport links on the doorstep of the property include Fairview DART station (1.5km) as well as a busy bus corridor with Dublin Bus/TFI routes linking the North side suburbs with the City Centre. Pay and Display parking to the front of the property as well as on surrounding streets gives access for private vehicles.
8-9 Marino Mart is a mid-terrace, red brick faade over three floors with modern windows and shop front fitting with a total area of 445sq m.
The ground floor accommodation is accessible through the main entrance fronting Marino Mart into an entrance waiting area. Access into the primary office space is coded and secure, with well lit, open planned shared offices as well as private shared meeting rooms. This space has been modernised with suspended ceilings, air conditioning system, LED light panels, commercial grade carpets, glass partition walls and a feature skylight. To the rear, a 1st floor extension contains a modern shared kitchen and bathrooms. Storage space has been conveniently fitted throughout.
A separate entrance fronting Marino Mart allows access to the 1st and 2nd floor self-contained offices. This space comprises of private individual offices, meeting room, bathrooms and a kitchenette.
To the rear of the building there is laneway access to a rear and side yard with car park shutter gates. Security lighting is fitted to the rear and the property is alarmed.
Get in touch for further details and to arrange viewing,