4 Ongar Square, Ongar, Dublin 15

Wonderful Investment Opportunity

Beautifully fitted out, second floor, own-door office suite c. 200 sq.m/2153 sq.ft. for sale in Ongar Village, Dublin 15

Location:
Ideally located, this attractive office unit is situated in the heart of Ongar Village. This second floor unit is currently leased to a Professional Practice Company on a 10 year lease from 15th May 2017. The passing rent is 37,500 from 15/03/2023 until 14/05/2027.

Ongar Village is a growing commercial area and local occupiers include Dunnes Stores, Paddy Power and Hickeys Pharmacy and situated within walking distance of all the amenities Ongar has to offer including restaurants, bus links, Hansfield Rail Station and also offers easy access to the N3/M50 motorway and Blanchardstown Centre. Transport links include the M3, 39 and 39A Dublin Bus Services. Within Ongar there is a controlled access gated parking area available to the staff of any unit holder within the Ongar Management Company (Gortlam). There is no limit on employee parking per unit.

VAT is payable on the purchase:
For sale by Private Treaty for 425,000.
Service charge: (2,014 p.a. in 2022).
Investment Considerations: Based on our opinion of Market Rent (37,500), the property will generate a net investment yield of 8% after standard purchaserTM costs.

Accommodation
Reception

Meeting Room 1:

Meeting Room 2:

Open Plan Office:

Private Office:

Kitchen and Staff eating area:

Male WC/Female WC

Total Net Internal Area (NIA) 200 sq.m. / 2153 sq.ft.
(See Floor Plan attached)

Features
Beautifully fitted out, modern, own-door office c. 200 sq.m. / 2153 sq.ft. (Net Internal Area) currently occupied
Description: This exceptional, modern, own-door office has been fitted out to a very high standard and includes a useful mix of meeting rooms, open plan space and cellular offices. Extending to c. 200 sq.m. (NIA), the office has many appealing features including, air-conditioning, high-quality carpet tiles, glass partitions, CAT6 cabling and a self-contained kitchenette. It will appeal to astute investors looking for a low maintenance, investment opportunity in a very manageable lot size. This is an ideal pension investment.