Categories: Investment.
Property status:
Sale Agreed
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  • Overview

    • Key Points

      • Mixed use, mid-terraced four storey over basement level Victorian building.
      • Ground Floor & Basement let to The Good Food Store on a 15 year lease from October 2014 at a rent of €50,000 p.a.
      • Upper floors comprise 3 x self-contained apartments (2×2 Bedroom & 1×1 Bedroom) producing a total rent of €59,904 p.a.
  • Details

    • Excellent city centre investment opportunity.

      The property enjoys an unrivalled location on the eastern side of South Great George’s Street in the heart of bustling Dublin 2. George’s Street is a busy thoroughfare linking Ranelagh / Rathmines to the southern city centre and is strategically located between Grafton Street and the vibrant Temple Bar area.

      The property comprises an attractive mixed use, mid-terraced four-storey over basement level Victorian building which extends to approx 325.91 sq m (3,508 sq ft).

      The ground floor & basement is let to The Good Food Store on a 15 year lease from October 2014 at a rent of €50,000 per annum.

      The upper floors comprise 3 x self-contained apartments (2 x 2 Bedroom & 1 x 1 Bedroom) producing a total rent of €59,904 per annum.

      We are seeking offers in excess of €1,800,000 which equates to a NIY of 5.63% after standard purchasers costs.

      Viewing strictly by appointment.

  • Financials

    • Passing rent

      €109,904 per annum.
  • Contact

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