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Bank Of Ireland Skerries

in
93 Strand Street,
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1128

Description

The bank comprises of a modern two-storey semi-detached property with a pitched roof to the front and a flat roof to the rear. There is also a very small enclosed garden to the rear with street parking available on Strand Street. The property exterior is of concrete framed construction and modern concrete rendered finish.

Internally the banking hall is bright, modern and open plan with office and storage overhead, the property would suit numerous retail uses subject to planning.

Location

Skerries is a popular seaside commuter town, which has seen significant increase in residential development due to its proximity to the capital and the M1 motorway. Skerries is located on the east coast approximately 31 km north of Dublin City Centre and 23 km from Dublin Airport with

a population of 8,172 (Census 2006). The area is also well connected by mainline train and Dublin Bus routes.

The property occupies a prime location on the west side of Strand Street, the main retailing thoroughfare in Skerries. Adjacent occupiers include Apache Pizza, Boyle Sports, McMeel’s Pharmacy and National Irish Bank.

Accommodation*

Level Use NIA sq m

Ground Retail Banking 146.71

Ground Ancillary 6.16

First Offices/Storage 57.11

TOTAL 209.98

Zoning

Zoned as ‘Suburban Centre’ under the Fingal Development Plan 2005 – 2011.

Tenancy

The property is being let to the Governor & Company of the Bank of Ireland under a new 25 year FRI lease from completion. The lease allows a tenant option to break at the end of the fifteenth year by providing 6 months written notice. The initial rent of €73,714p.a. is subject to review every five years on an upward only basis. The successful purchaser will have the option of either a fixed 15% uplift at the first review, or a rent review based upon open market rental value. This option relates to the first rent review only and the buyers preference must be clearly stated in any proposed bid.

Address: 93 Strand Street
City:
State/County:
Country: Ireland
Property Id : 18764