Creche – Granitefield Manor


SOLD
For Sale €330,000

Description
Posted at 10:36h in Commercial Investment by

Commercial Investment For Sale (Tenants Not Affected)

  • Self-contained ground floor own door crèche facility located in popular residential scheme.
  • Extensive secured outdoor play area.
  • 4 designated surface level car spaces included.
  • Property extends to approximately 243 sq. m. (2,616 sq. ft).
  • Let to Koala Childcare Limited.

Location

The property is located within the residential development of Granitefield Manor on the northern side of Rochestown Avenue opposite its junction with Rochestown Park in Dun Laoghaire, Co. Dublin.

Granitefield Manor is a modern development comprising of a mix of duplex houses and apartment blocks.

The general area is predominantly established low density residential housing developments. Killiney Shopping Centre is 750 metres north west of the subject property which is anchored by Super Valu.

The area is well connected by public transport with a number of local bus routes serving the area. Glenageary Train Station is less than 3 kilometres north of Granitefield Manor.

Description

The property comprises of a ground floor own door creche unit currently operating as Koala Childcare. Internally the property is fully fitted and provides for 4 separate playrooms, a sleeping room, kitchen area, staff area/canteen, and wc’s.

There is a large secure designated external play area accessible from the property included as part of the sale.

Specification includes plastered and painted walls, electric heating system, heavy duty linoleum floor coverings and secure glazed entrance/waiting area.

Externally the building is presented in a light brickwork finish incorporating double glazed windows in an engineered frame.

Tenancy

The property is let to Koala Childcare Limited for a term of 10 years lease from October 2018 at a rent of €31,500 per annum exclusive with a market rent review, upwards or downwards, on the anniversary of the 5th year. There is a tenant only break option in year 5.

Viewing

Strictly by appointment with the sole selling agents.

Details
  • For Sale €330,000

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Director PSP Licence No: 002885-003783

Garvan is a Director and founder member of Kelly Walsh Property Advisors and Agents which began trading in 2003. Garvan has over twenty years’ experience in the Commercial and Residential Property Market in Ireland, since graduating with a Bachelor of Science Honours Degree in Surveying from Bolton Street.

He joined DTZ Sherry Fitzgerald in 1994 where he worked in the Investment and then the Industrial Agency Divisions. Garvan then set up the Development Land Department in CBRE in 1997 and within 3 years was seen as a market leader.

In April 2003 Garvan set up Kelly Walsh Property Advisors & Agents with Jeremy Kelly. During its short history the company has enjoyed exceptional success across the Commercial, Development Land and Residential Homes sectors. They advise all the major lending institutions on commercial property and development land.

Garvan has extensive experience in valuing all asset classes, specialising in development land, and was heavily involved in the NAMA Valuation process.