Description
BER Details
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Beds | |
Price | €1,050,000 |
Property Type | Investment Property |
Size | meters2 |
Energy Rating | BER-D1 |
Refreshed on | |
Eircode | D02 TW89 |
Description
PRIME INVESTMENT OPPORTUNITY (TENANTS NOT AFFECTED) SUMMARY DNG Commercial are delighted to bring to market this rare opportunity to acquire a prime mixed use investment opportunity on Camden Street. The ground floor is home to Franks Wine Bar and the upper floors comprises two apartments. The property arrives in excellent condition and is fully occupied producing an annual rent of €71,000. HIGHLIGHTS • 6.76% GIY • Annual income of €71,000 • Mixed Use Investment • Personal guarantee (Franks) • Unrivalled location • Unexpired lease term of 4.8 years • 2 apartments DESCRIPTION 22 Camden Street comprises a four-storey mid terrace mixed-use property with a wine bar on the ground floor and a 1 no. bedroom apartment on the 1st floor and a 2 no. bedroom across the 2nd and 3rd floor. The wine bar trades as Franks and is laid out to provide indoor and outdoor dining. The wine bar benefits from strong footfall and has an unexpired lease term of 4.8 years. Both apartments arrive in excellent condition and benefit from high ceilings and great natural light. LOCATION 22 Camden Street holds a prominent position in one of Dublin’s most vibrant and lively destinations. Camden Street links Rathmines with the southern city centre and is located approximately 6 minutes’ walk from St Stephen’s Green and 11 minutes’ walk from Grafton Street. The property is surrounded by all the city’s amenities including a choice of bars, cafés, and restaurants. Neighbouring businesses include the Port House, Hang Dai and Barbiere. The property is highly accessible with the Harcourt LUAS Green Line (6 minute), Grantham Street Dublin Bikes (2 minute) and numerous Dublin Bus routes, all within walking distance. BER: D1/E2/F Viewing: Strictly by appointment with sole selling agent DNG
BER Details
BER: D1/E2/F
Date created: Sep 4, 2023