Turley Property Advisors are delighted to bring No. 57 Marlborough Street, Dublin 1 to the market for sale. The subject property comprises a two storey over basement mixed use investment. The retail unit has a traditional wooden shop front with a large tenant signage zone and a roller shutter. The retail unit is let to Holiday Asia Massage Limited at €14,400 per annum. The first floor was previously in commercial use but has since been converted to a 3-bed residential apartment and is let at €9,600 per annum This brings the Total Rental Income to €24,000 per annum.
No. 57 Marlborough Street is located on the north end of Marlborough St, at the junction with Parnell St. It is within walking distance of Henry Street, one of Ireland's premier shopping streets, O'Connell Street, The Ilac Centre and Jervis Shopping Centre. The property has good profile onto both Marlborough Street and Parnell Street which would be regarded as a mixed retail/office and residential location with various licensed premises and hotels in the immediate vicinity. The area is well serviced by public transport with various Dublin Bus routes serving O'Connell Street, the DART at Connolly Station, Busaras on Store Street and the Red Line Luas stop on Abbey Street. There are also a number of multi-storey car parks located in the immediate area including Arnotts car park, Jervis Street car park , Cleary€TM car park, Ilac Centre car park and Parnell car park.
The accommodation briefly comprises the below floor areas:
Basement 35 sq. m.
Ground Floor Retail/Ancillary 35 sq. m.
First Floor Residential 50 sq. m.
Total 120 sq. m.