55-56 Talbot St. Dublin 1
**Estimated Rental Value Circa €142k** Year 2021 Rent Review Outstanding**
***Low capital value €1.5m/6728 sq.ft=€223/sq.ft***
**A feasibility study was done by Douglas Wallace potential for 3 additional apartments (S.P.P.)**
///DATAROOM///
https://55-56talbotstdublin1.com/
///TENANCY///
Tenant 1: 4 Kings Amusements Limited
-Occupied areas:Ground Floor: 2691 sq.ft + Basement: 1787 sq.ft.
-Lease Term:25th Aug 2016 – 24th Aug 2036
-Current Annual Rent:€45,000
Tenant 2: Private Residential tenant
-Occupied areas:1st Floor: 1119 sq. ft;
-Description:-Apt No. 1 (2bed 2 baths)
-Current Annual Rent:€26,400
Tenant 3: Private Residential tenant
-Occupied areas: 2nd Floor: 1130 sq. ft;
-Description:-Apt No. 2 (2bed 2 baths)
-Current Annual Rent:€26,400
///PROPERTY///
– Complete renovation in 2020
– 24-hour CCTV security system
///LOCATION///
-Excellent public transport service at its doorstep, including Dublin Bus, Aircoach, LUAS Cross City line, Dublinbike, Connolly Train Station
///SURROUNDING DEVELOPMENT///
-Dublin Central, https://dublincentral.com/
-Clerys Quarter, https://clerysquarter.ie/
-Connolly Quarter, https://www.dublinlive.ie/news/dublin-news/700-new-homes-state-art-22542568
-Dublin city centre site with approval for 177-bedroom hotel that is located at Amiens Street site occupies prime location next to Connolly station and the IFSC https://www.irishtimes.com/business/commercial-property/dublin-city-centre-site-with-approval-for-177-bedroom-hotel-seeking-12m-1.4844204
**Email office@capelabbey.com for further information or viewing appointments**