Description
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Beds | |
Price | €1,850,000 |
Property Type | |
Size | meters2 |
Energy Rating | BER- |
Refreshed on | Oct 1, 2025 |
Eircode | D08F2RN |
Group Name | Lisney Commercial Dublin |
Sales License Number | 001848 |
Description
Excellent high profile mixed use investment situated at the heart of Dublin 8, one of Dublin’s most historic and rapidly evolving districts, the property benefits from exceptional visibility and connectivity. • Less than 1km from Dublin City Centre and within 100m of Vicar Street music venue • Surrounded by art galleries, antique shops, and major cultural landmarks including St Patrick’s Cathedral and the Irish Museum of Modern Art • Within 500m of the National College of Art and Design (NCAD) • 100m from the historic Iveagh Markets, due to undergo major refurbishment A major catalyst for further value growth is the Guinness Quarter Regeneration Project at St James’s Gate: a 12-acre transformation introducing residential, hospitality, cultural, and commercial uses. 149 Francis Street benefits from excellent public transport connectivity, with multiple Dublin Bus routes servicing stops within a minute’s walk. Investment Summary: • Excellent high profile mixed use investment in the heart of the Dublin 8, prominently sited at the corner of Thomas Street and Francis Street • The ground floor is leased to Michelin-starred restaurant ‘Variety Jones’ on a 20-year lease from June 2022, at a passing rent of €50,000 per annum • Tenants not affected • The property is generating a total rental income of €130,869 per annum • WAULT of 8.7 years • Guide price of €1,850,000 which equates to a NIY of 6.43%
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Date created: Oct 1, 2025