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IrelandDublinDublin 6Rathmines312 Rathmines road lower , Rathmines, Dublin 6

€50,000 / year

312 Rathmines road lower , Rathmines, Dublin 6

240.7m 2Energy RatingBusinesses Refreshed on Oct 20, 2020
#2 of 3 Properties Viewed in Rathmines
Young's Estate Agents
Young's Estate Agents
Tel: 01 497 5581
PSRA Licence No. 002277
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Description

This is an excellent opportunity to acquire an established café/ bakery premises that is located in the heart of Rathmines at the junction of Rathgar Road Location 312 Rathmines Road Upper is conveniently located in the heart of Rathmines village close to the junctions of Castlewood Avenue and Rathgar Road. The property is located adjacent to Rathmines post office and is diagonally opposite Tesco and only a short walking distance of less than 150 metres from the Swan Shopping Centre and Omniplex Cinema. Some of the adjoining occupiers include An Post, Boots pharmacy, Copan Bar, Centra, the Stella cinema, Tesco, Eddie Rocket’s, Elephant and Castle and a host of food and convenience store shops. Rathmines is a prime south Dublin residential location given it’s high end houses, excellent local amenities, very strong residential rental market and close proximity to Dublin city centre. There is a strong B1 demographic within a short walking distance of the former Insomnia premises from Rathmines, Rathgar and Ranelagh and customers also travel to Rathmines by car, bus and nearby LUAS. Rathmines has always been very popular with residential purchasers and tenants and there is strong demand from café, restaurant and pub operators that are waiting for units to come up or change hands given the local catchment of potential customers Apart from Rathmines College there are several schools in the immediate area including St. Mary’s College, St. Louis Senior Primary school, Stratford National School and St. Michael’s House Special School. The subject property is located to the south east of Upper Rathmines Road, opposite Rathgar Road and only 100 metres from the unction of Castlewood Avenue. 312 Rathmines Road Upper is approximately 2 kilometres walking distance from St. Stephen’s Green. Description 312 Rathmines Road Upper was trading as an Insomnia Café up until recently and the rear of the premises was used for Barista training and food preparation and distribution for the supply of sandwiches, wraps etc. to other Insomnia stores throughout Dublin. The subject property is a self-contained ground floor café/ bakery premises with a second entrance that is located to the rear of the property on Church Gardens. The property has a good profile on Rathmines Road with a large timber frame shop front and side entrance. We have been informed that the ground floor is approximately 240.7 sq.m. (2,590.8 sq.ft.) and has been fitted out to accommodate a large café with a fitted service counter and a large seating area for up to 60 customers. The property was formally a bakery and stretches back approx. 70 metres from Rathmines Road to Church Gardens. The back of house provides a large kitchen and food preparation area as well as toilets, wash room, store rooms, cold rooms and storage space. This property may be able to accommodate a medium to large scale food distribution outlet given it’s previous use and close proximity to the city centre. The property has been fitted out to a very high standard by Insomnia to include tiled flooring, timber shop front with side entrance, a large service counter, customer toilets, kitchen and food preparation area, wash room, cold room, store rooms, fitted kitchen with kitchen extract, recessed lighting and industrial down lights. The café/bakery layout has been designed to cater for the café and take away coffee shop business as well as sit down brunch/ lunch customers and food preparation and distribution premises. This is an excellent opportunity for an operator to rent a ready to go café/bakery offering in the premises. There may also be potential to apply for planning permission for restaurant use in order to serve ‘hot food’ from the premises. In particular the back of house area may accommodate a ‘dark kitchen’ for restaurant take away/ delivery use.

Features

Lease The property is available for a period of 5 years Please note that the landlord may request a Deed Of Renunciation after 5 years Description The property is approximately 240.7 sq.m. (2,590.8 sq.ft.) Planning permission was granted in 1990 for change of use of the ground floor from bakery to bakery coffee shop Ref: 0584/90 Rent We are quoting a rent of €50,000 p.a. Commercial Rates The commercial rates for 2019 were €7,906 Services We understand that all mains services are available to the property. However, interested parties are required to satisfy themselves as to the adequacy of all services. VAT We understand that VAT may be charged on the sale of the Leasehold interest

BER Details

Building Energy Rating (BER) E2 BER Number: 8008760423 1526.34 kWh/m2/yr