Tuesday 22 August 2017

Finance Minister's constituency office for auction at €135k AMV

The sale of No 344 North Circular Road will not affect finance minister Paschal Donohoe's constituency operation
The sale of No 344 North Circular Road will not affect finance minister Paschal Donohoe's constituency operation
Ronald Quinlan

Ronald Quinlan

To say that the sale of a property presents potential buyers with a 'unique opportunity' may be a bit clichéd. In the case of No 344 North Circular Road, however, the description is arguably as close to appropriate as any estate agent could be in their use of sales speak.

This Edwardian mid-terrace two-storey building, which is being offered for sale by public auction by agents REA McGee at 3pm next Wednesday, July 12, at the Killashee House Hotel in Naas, Co Kildare, comes with the unique selling point: "Currently leased to the Minister of Finance as a constituency office."

With an AMV of €135,000, Paschal Donohoe's Phibsboro base comprises a reception/office at ground floor level along with a small kitchen area and WC. There is 17 sq m (183 sq ft) of open-plan office accommodation on the ground floor.

Upstairs, the property provides a total of 17.88 sq m (192 sq ft) of office space divided into two units. The larger of the two offices extends to 10.88 sq m (117 sq ft). Located at the front of the building, it has an original feature fireplace and picture rail. The second, smaller office to the rear of the building measures 7 sq m (75 sq ft).

No 344 North Circular Road benefits from what the agents describe as a "super location", and is just a 20-minute walk from Dublin city centre. Neighbouring businesses include An Post, Costcutter, Centz, a pharmacy, optician, and a dry cleaners. The property is located just a short walk from Phibsboro Shopping Centre, Dalymount Park, the Mater Hospital, Kings Inns and DIT Bolton Street. Situated within 10km of Dublin Airport, and just a short drive from both the N3 and the M50 motorway, the property enjoys the benefit of excellent transport links, including numerous Dublin Bus routes.

The property is being offered for sale by public auction and the tenant is not affected.

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