This is a rare opportunity to purchase a mixed use building just 2 minutes walk from O’Connell Street, fully let out on flexible leases (Total income currently €74,800 per annum), with the added bonus of substantial development potential.
To the rear of the building (accessed off North Great Georges Street) there is a warehouse along with three parking spaces (potential additional income).
A feasibility study by Brennan Furlong Architects have indicated that (STPP) there was the potential to develop 800 sq.m. on the site.
GF - Rented under a 4 year 9 month lease from April 2015 at an annual rent of €40,000.
FF - Apartment rented under a 12 month lease from January 2018.
Z4 & Z8 under the Dublin City Council Development Plan
‘Hostel, Hotel & Residential’ – Permissible Uses under both zonings
QUOTING SALE PRICE