Home Ireland Dublin Dublin County Dun Laoghaire 54 George's Street, Upper, Dun Laoghaire, Dublin

54 George's Street, Upper, Dun Laoghaire, Dublin

Let Agreed Energy Rating A96X832 1998 Sq.ft
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Description

DNG Commercial are delighted to offer an exciting restaurant opportunity by way of assignment/ sub-lease of 54 George’s Street Upper in the heart of Dún Laoghaire. Location 54 George’s Street Upper, Dun Laoghaire is a prime location is ideal for a food and beverage venture, with high footfall, excellent visibility, and a vibrant mix of retail, office, and residential surroundings. George’s Street Lower is one of Dún Laoghaire’s busiest commercial streets, benefitting from a diverse customer base that includes local residents, office workers, and tourists to the area. The street is well-connected by public transport, with DART and bus services nearby, and ample nearby on-street parking options to cater to dine-in and takeaway customers. Description The property offers a well-appointed restaurant space, well equipped and ready for immediate operation. The layout is designed for efficiency and customer comfort, featuring on the ground floor, a spacious dining area accommodating 25+ guests and fully equipped kitchen area, ideal for a variety of food concepts. The first floor can cater additional dining space, providing flexibility for private events or overflow seating and a storage area, perfect for inventory management and staff use. The property internally measures approximately 1,998 sq. ft. Tenancy Information The property currently holds planning permission for a café/ restaurant and is made available by way of assignment/ sub lease. The property is held a 35-year lease from the 15th of December 1997 (7 years unexpired remaining). The current passing rent is €30,000 per annum and is on a stepped rent structure with the next increase from 01/03/2026 to €33,000 per annum and the final increase from 01/03/2029 to €36,000. We are currently seeking €40,000 in Key money. The full lease details will be available on application. Viewing is by appointment only with the sole agent DNG Commercial. Guide Rent: €30,000 per annum BER:D1

BER Details

BER: D1
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Price Changes in Dun Laoghaire
-€1,250,000 (-19.23%)
€6,500,000 €5,250,000
30th Apr 25
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DNG Commercial
Tel: 01 49...
PSRA No. 004017
Negotiator: David Munro

Date created: Jan 27, 2025

DNG Commercial
DNG Commercial
PSRA Licence No. 004017
David Munro
Call Agent: 01 49...