The Emerald, Donabate, Co. Dublin

Type: Commercial / Location: Dublin North / Area: Donabate
Sale Agreed
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2 Bathrooms
Price €525,000

Description

Flynn & Associates are delighted to present a superb investment opportunity in the unique opportunity that is `The Emerald` a mixed use residential / commercial building strategically located in the heart of Donabate Village.

Set over three floors, the ground floor is currently set out with a large two bedroom own door apartment (c.78 sq m) which is in need of refurbishment and modernisation. The remainder of the ground floor is internally linked via staircase to first floor with a ground floor store & office area, this space would be suited to a possible change of use (STPP) to residential. Onto the first floor level which benefits from on street access to the façade & is currently set out as a commercial retail unit (c.123 sq m) of usable space. This unit offers huge potential as a retail investment or a possible change of use (STPP) to residential. Further to this the second floor layout incorporates a high spec 3 bedroom own door apartment (c.85 sq m) with street level access from the facade of the property. This apartment offers deceptively spacious & light filled accommodation, finished to the highest of standards with panoramic views its available to occupy immediately with a potential ERV of €1800 per month.

The property also benefits from a rental income from mobile telecommunication masts with a combined rental income of €17,000.00 per annum. These masts are under contract and maintained by the tenant without any obstruction to the landlord.

The property has a superb street profile. From a residential viewpoint this is a highly accessible location with the beautiful Donabate beach within a few minutes` walk. Boasting its own car park & gardens to rear, this property offers a rare opportunity to acquire a large multi-functional building, positioned within this most enviable location in the heart of Donabate Village. The area is well serviced by bus and rail, being immediate to the train station & is a short distance to Dublin International Airport & the M1/M50 Motorways.

Accommodation

Lounge / Kitchen – Ground Floor Apartment – 4.35m (14’3″) x 3.06m (10’0″) : 13.31 sqm (143 sqft)
with open fire.

Bedroom 1 – Ground Floor Apartment

Bedroom 2 – Ground Floor Apartment

Bathroom – Ground Floor Apartment – 3.44m (11’3″) x 1.04m (3’5″) : 3.58 sqm (39 sqft)
with w.c. & w.h.b.

Shop – Street Level – First Floor – 7.95m (26’1″) x 9.89m (32’5″) : 78.63 sqm (846 sqft)
with tiled floor, suspended ceiling & store room with access to side entrance.

Staff Room – Street Level – First Floor – 7.45m (24’5″) x 4.83m (15’10”) : 35.98 sqm (387 sqft)
with rear access to car park. Plumbed for W.C.

Rear Hall – Street Level – First Floor – 9.01m (29’7″) x 1.36m (4’6″) : 12.25 sqm (132 sqft)

Entrance Hallway – Top Floor Apartment – 1.19m (3’11”) x 1.58m (5’2″) : 1.88 sqm (20 sqft)
with solid wood floor & intercom access phone.

Kitchen – Top Floor Apartment – 3.13m (10’3″) x 2.95m (9’8″) : 9.23 sqm (99 sqft)
with a range of floor and eye level fitted press units with tiled splashback. Integrated Dish Washer, Fridge Freezer, Oven, Hob and Extractor Fan. Tiled floor & recessed lighting.

Lounge – Top Floor Apartment – 3.27m (10’9″) x 5.64m (18’6″) : 18.44 sqm (199 sqft)
with solid wood floor and feature open fireplace with marble hearth and timber surround. TV point. Access to balcony.

Bedroom 1 – Top Floor Apartment – 4.04m (13’3″) x 4.74m (15’7″) : 19.15 sqm (206 sqft)
with wood floor & TV point.

Bedroom 2 – Top Floor Apartment – 3.18m (10’5″) x 3.37m (11’1″) : 10.72 sqm (115 sqft)
with wood floor, hotpress, TV point and pull down `Stira` ladder with access to attic.

Bedroom 3 – Top Floor Apartment – 2.31m (7’7″) x 2.92m (9’7″) : 6.75 sqm (73 sqft)
with wood floor.

Wetroom – Top Floor Apartment – 2.76m (9’1″) x 2.09m (6’10”) : 5.77 sqm (62 sqft)
with w.c., w.h.b. with Vanity Unit and walk in shower with pumped shower. Fully tiled. Heated towel rail.

Property Map