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Unit 76 The Maldron Hotel, Cardiff Lane , Dublin 2, Dub...Sold

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  • Investment Property

Description

The Maldron Hotel is regarded as one of the best located hotels in Dublin City Centre. The IFSC is within a short 10 minute walk via The Samuel Beckett Bridge and the Bord Gais Energy Theatre, 3 Arena, Convention Centre, Croke Park and Aviva Stadium are all within close proximity.

The hotel is within very easy access of the Dart at the Grand Canal Dock and Spencer Dock Luas stop. The property is also within easy access of Dublin Airport and the main Bus and Rail stations.

Investment Highlights

• Three individual En Suite Bedrooms
• Let to an Established hotel operator on a 34 year lease from 2006.
• 5 year upward only rent reviews
• Gross Rent €22,600 p.a. (in entirety for the three rooms)
• No annual management charges
• Good tenant covenant


Room Features

• Complimentary Wi-Fi
• Tea/Coffee making facilities
• 24 hour room service
• En-suite with bath & power shower
• Work Desk
• Direct Dial Phone
• In Room Safe
• Ironing Station
• Hair Dryer


Covenant

The tenant Hanford Commercial Ltd. Is a wholly owned subsidiary of Delata Ltd., Ireland’s largest hotel operator.

Tenure

Title to the property is long leasehold – 999 years from 2005.

BER Details

BER:
BER No. XXX
Energy Performance Indicator: XXX kWh/m²/yr

Viewing Details

By appointment only

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