14 Meath Street, South City Centre, Dublin 8

Sale Agreed Energy Rating D08YW8W 99 m2
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Description

******Vacant Possession****** DNG Commercial are delighted to bring to market the opportunity acquire a retail unit on the historical Meath Street, a bustling trade street which continues today in the heart of Dublin city. Situated in the Liberties Meath Street is poised to benefit from technology office clusters such as the Digital Hub and commercial property developments in the vicinity capitalising on the growing popularity of the area. Dublin City Council has proposed improvements such as the widening of footpaths and improved street design similar to the works completed on Francis Street (Parrellel to Meath Street). Works like these can boost trade and gives scope for a variety of potential uses (Subject to planning permission) Location: The property is surrounded by all the city's amenities including a choice of bars, cafés, restaurants, shopping and parking facilities. The property is highly accessible with the St. Stephen's Green LUAS Green Line (12 minute), Fatima LUAS Red Line (18min), Francis Street Dublin Bikes (5 minute) and numerous Dublin Bus routes, all in walking distance. Dublin 8 is Dublin's most up and coming business address with neighbouring national and international occupiers including Teeling's Whiskey, Stay City and Etsy to name a few. Description: 14 Meath Street is arranged rectangular in shape and is comprised of 3 sections. The front is currently laid out as generous retail space, the mid-section contains a space for storage with the rear of the property housing office space and a kitchen with the courtyard access. There is potential to increase the retail space as the sections are separated by stud partitions. Opportunity: This is an excellent opportunity for the astute investor to acquire a property in this popular city centre location where future capital appreciation is very likely. Demand and limited availability of rental accommodation in the area are contributing to strong capital and rental growth. Current Tenancy The current tenant trading as Share Mobile operates a phone & phone repair shop. Currently paying '¬16,000 per annum and is on a rolling month-to-month basis. The original lease has expired, and the tenant signed deeds of renunciation on inception of the lease.

Features

Highlights: - Superb central location - Full Vacant Possession - Significant opportunity for long term capital growth. - Excellent transport links, on the doorstep - Freehold Title - Excellent high demand rental location

BER Details

BER: D1

Viewing Details

Viewing by appointment with sole agent DNG only.
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Price Changes in South City Centre
-€70,000 (-14.14%)
€495,000 €425,000
24th Apr 24
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-€350,000 (-17.95%)
€1,950,000 €1,600,000
17th Oct 23
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DNG Commercial
DNG Commercial
Tel: 01 49...
PSRA Licence No. 004017

Date created: May 24, 2024

DNG Commercial
DNG Commercial
PSRA Licence No. 004017
Sam Staunton
Call Agent: 01 49...