Unit 6, Gateway Crescent, Ballymun, Dublin 11, D11EC80
Investment Opportunity |Ground Floor: 40 sq m | First Floor: 14 sq m | Total: Approx. 54 sq m | €23,400 p.a. Rental Income | 7.8% Gross Yield
An excellent opportunity to acquire a fully occupied commercial investment at Unit 6 Gateway Crescent, Ballymun, Dublin 11. The property comprises a ground floor retail unit extending to approximately 40 sq m, currently operating as a barber shop, with a further commercial space of approximately 14 sq m at first floor level, currently occupied by a tattoo studio. The ground floor unit also benefits from a toilet and storage area. The first floor unit is accessed via an internal staircase from the ground floor unit.
The property currently generates rental income of €1,950 per month, equivalent to €23,400 per annum, reflecting a gross yield of approximately 7.8%.
The property is offered for sale as an investment, with the existing businesses continuing to operate from the premises. The sale will not affect the existing tenants or their current occupation of the property.
The property may appeal to investors seeking an established commercial investment with existing occupiers and a strong rental return.
Gateway Crescent is located in Ballymun, Dublin 11, approximately 6 km north of Dublin city centre. The area is well served by public transport and benefits from convenient access to the M50 motorway, Dublin Airport and Dublin city centre. A range of local shops, services and amenities are located nearby, while the wider Ballymun area has benefited from significant regeneration and investment in recent years.
The property is well positioned within an established residential and commercial catchment, with convenient access to the wider Dublin area.