Categories: Investment.
Property status:
For Sale
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  • Overview

    • Key Points

      • Attractive end of terrace property
      • Prominent location in the commercial heart of Dun Laoghaire
      • Fully let to EBS Building Society and Pierce of Ink.
  • Details

    • Location

      Well located retail property on Lower Georges Street in the heart of Dun Laoghaire. The property enjoys a prime pitch. The area has an extensive range of local services and amenities which include schools and shops including Dun Laoghaire Shopping Centre and the nearby Dun Laoghaire Marina.

      Dun Laoghaire is well serviced by public transport with a regular Dublin bus service to Dublin City Centre and environs and the DART station is within 10 minutes’ walk from the subject property.

    • Description

      The property comprises a two storey over basement end of terrace building. It has approximately 6 metres frontage onto the public plaza along its southern elevation.

      Accomodation provides ground floor retail with an ancillary basement (occupied by ESB). The first floor offices have their own door access at ground level and is occupied by Pierce of Ink, a tattoo studio. Total passing rent is €45,000 per annum.

    • Tenancies

      • Ground Floor & Basement let to EBS on a 25 year lease from 01/09/1996 at a passing rent of €65,000 per annum.
      • First Floor let to Pierce of Ink on a 5-year lease from 16/01/2019 at a passing rent of €10,000 per annum. (Deed of Renunciation in place).
    • BER

      Exempt

  • Financials

    • Price

      €675,000
    • Current Passing Rent

      €75,000 per annum
  • Contact

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