For Sale
Argyle Square
1-7 Argyle Square
Dublin 4,
D04
Dublin 4,
D04
9,574 SQ.FT
Office Property
Property Overview
- Features
- Location
The property comprises seven self-contained office units extending to approximately 8,671 sq. ft of office accommodation and 819 sq. ft of stores and is being offered for sale with a guide price of €2.95 million. This represents a net initial yield of 5.93% with a reversionary yield (on letting of vacant space) of approximately 7%.
The property comprises seven self-contained office units extending to approximately 8,671 sq. ft of office accommodation and 819 sq. ft of stores and is being offered for sale with a guide price of €2.95 million. This represents a net initial yield of 5.93% with a reversionary yield (on letting of
- Net initial yield of 5.93%, with a reversionary yield of approx. 7%
- Multi-let property comprising seven self-contained office units extending to approximately 805 sq. m (8,671 sq. ft NIA), together with approximately 76.1 sqm (819 sq. ft) of lower-ground-floor stores
- Six office units are currently leased, with one vacant office unit and vacant stores offering immediate leasing and value-enhancement potential.
- 14 dedicated surface car parking spaces.
- Diversified tenant and income profile, with a weighted average unexpired lease term (WAULT) of approximately 3 years.
- Open-market rent review provisions across the occupational leases.
- All occupational leases are held on full repair and insuring (FRI) terms.
- Freehold title.
Accommodation
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