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Room 215 Grand Canal Hotel

Price: € 99,000    Type: Property for Sale


Description

RAY COOKE ACUTIONEERS proudly present this magnificent investment opportunity to purchase a room in one for Dublin’s most popular hotels, The Grand Canal Hotel, Dublin 4 This ever popular location is ideally positioned in the leafy Ballsbridge with a vast array of amenities all within touching distance such as local shops, bars, restaurants, Aviva Stadium and IFSC name but a few. On a transport note; a host of bus routes, Dublin Bikes, the Dart and The Luas are all very easily accessible giving convenient access to all sides of the city. Tenure Long Leasehold. The property is held on a lease for a term of 900 years from 1st January 2002 subject to the yearly rent thereafter Tenant Information We are informed that the interest of South Bay Hotels Limited has been sub-let to McEniffs Grand Canal Hotel Limited whose interest is guaranteed by McEniffs Bundoran Limited and Brian McEniff. This sub-lease relates to the entire of the premises known as Grand Canal Hotel Additional Features; - One En-suite bedroom - Gross rent of €6800 p.a with an upward only rent review - No Annual management charge - Let to an established Hotelier on a 35 year lease from 2003