3 Church Place, Sallynoggin, Dublin

POA

Beds
Price	POA
Property Type	Investment Property
Size	212 meters²
Energy Rating	BER-E1
Refreshed on	Aug 15, 2025
Eircode	A96X9T2
Group Name	Keane Thompson Property Consultants
Sales License Number	003687

Description

Keane Thompson is delighted to present a unique and exciting mixed-use Residential and Retail Investment unit, offering excellent potential for further uplift to a yield of c. 8% plus. This attractive property, built in the early 1950s, comprises a well-maintained two-bedroom residence on the top floor alongside an established Pizza Hut outlet. A new 10-year IRI lease is currently being finalised at €29,000 per annum. The residential unit is offered with vacant possession, presenting strong rental potential and future development opportunities (subject to planning permission) with the potential for a further €4,800 per annum for the ground floor side storage unit, current rent roll is €22,200 per annum. Retail: The existing retail unit is currently let to Pizza Hut and benefits from a strong tenant covenant. The unit features commercial-grade non-slip rubber flooring throughout and is separated into a welcoming reception area with customer seating, a large kitchen, and ancillary areas. The kitchen includes two freezer cold storage units, stainless steel sinks, a WC, and a wash hand basin. The current rent roll is €29,000 per annum, with a new 10-year IRI lease currently being finalised, ensuring stable and secure income for the future investor. Residential: This two-bedroom terraced property is well maintained and offers an abundance of natural light and a practical internal layout. The entrance hallway leads through to a separate spacious ground-floor storage area with concrete flooring and a separate under-stairs storage space, all accessed via a private entrance. On the upper floor, there are two rear-facing double bedrooms, a fitted kitchen with both eye and base-level Kitchen units, a spacious front-facing sitting room, and a family bathroom that completes the accommodation. The property is offered with vacant possession. The RPZ rent was last set at €1,800 per month (€21,600 per annum), which could be further increased through the conversion of the attic and development of the ground floor large storage area, subject to planning permission. Location Church Place in Sallynoggin is home to a variety of local businesses that serve the community's daily needs. From cosy cafés and takeaways to convenience stores and service providers, the area offers a blend of family-run establishments and small enterprises that contribute to its vibrant, local atmosphere. A well-known feature is the presence of specialist services such as hair salons and garages, making Church Place a convenient hub for both residents and visitors. With its close proximity to larger shopping areas in Dun Laoghaire and surrounding suburbs, Church Place complements Sallynoggin's friendly, community-focused business scene. Accommodation c. 147 sq.m ground floor retail with a further c. 65 sq.m first floor residential. Please refer to floorplans for room measurements Retail c. 147 sq.m Retail unit separated into two areas front and rear, currently in use as Pizza Hut, with separate self-contained side storage room suitable for commercial or residential. Residential Terraced House c. 65 sq.m Ground Floor: Hallway Carpet flooring throughout, with stairs leading up and under-stairs storage. Living Room Bright and spacious, with laminate flooring, and front-facing window. Kitchen A range of base and eye-level kitchen units, plumbed for a washing machine and dishwasher, providing a functional space for family living with laminate flooring. Bathroom Features partially tiled walls, a wash hand basin, a toilet, and an electric shower. Bedroom 1 Rear-facing double room with carpet flooring. Bedroom 2 Rear-facing double room with carpet flooring. Hot press and very large attic space - potential to convert into two further rooms subject to planning permission. Features Current rent roll on retail unit in progress at €29,000 per annum, 10-year IRI lease. Massive potential for uplift due to vacant 2-bed residential apartment. Previous rent on residential unit €22,200 per annum, due for increase subject to RPZ, with potential for substantial rent increase subject to planning for attic and downstairs storage conversion. Potential gross yield at c. 8% and above. Vacant possession offered on residential premises and separate ground floor storage premises. Excellent location, close to shops, schools and public transport. Near to Dun Laoghaire, Glasthule & Sandycove village. Dart, Aircoach, N11, M50, Bus routes 7, 7n, 46a, 63 &75. Electric heating. Asking Price: €695,000

BER Details

BER: E1 BER No.104301486

Description

BER Details

BER: E1 BER No.104301486