Restaurant / Bar / Hotel for Sale in Coolock, Dublin 5

McCormack Estates are delighted to present Unit 9 Coolock Village Centre to the market, an excellent investment opportunity. The property will be sold with tenant in situ (Jazz Chinese Restaurant). The Jazz is a household name in the area and has been an anchor Tenant in Coolock Village Centre for over 15 years and draws customers from all around the local and greater area. The unit consists of a ground floor entrance stairwell, waiting area and reception desk, large open plan seating area, bar area, customer toilets and fully fitted rear kitchen. Current Rent is €45,600 per annum with a new long term 15+ year lease to be signed shortly at a rent of c.€49,200 per annum. Rates are c.€6,000 per annum. Service charges are c.€2,000 per annum and are paid by the Tenant. With a current gross yield of 8% and 8.5% under new Lease terms, this presents an excellent investment opportunity in the heart of Coolock Village. Please contact sole agents McCormack Estates on 01 437 0920 to arrange a viewing.