|Property Type||Investment Property|
|Refreshed on||Sep 8, 2023|
69 Grafton Street is a four storey over basement retail unit which extends to 4,853 sq ft (451 sq m). It is situated on the prime stretch of Grafton Street between South Anne Street and Chatham Street. The property offers a sizable retail trading area of 3,670 sq ft (340.95 sq m) over four floors (ground, first, second and third). It is currently let to two tenants with Dune Shoes occupying the ground floor and basement and Chambers Salon occupying first, second and third floors.
Strong tenant covenants with established trading reputation Total area of approx. 4,853 sq ft (NIA) of prime high street floor space Includes approx. 1,086 sq ft (NIA) ground floor retail space Fully utilised upper floors with independent access from Grafton Street Reversionary passing rent of approx. €324,000 per annum Blended lease term of approx. 8.1 years remaining to expiry Blended lease term of approx. 6.4 years remaining to the nearest break Tenants not affected
BER Rating E1
Grafton Street is Dublin’s premier shopping destination located in the heart of the city centre. It reported footfall of approx. 22 million visitors over the 12 months to end-Q1 2023. The wider surrounding area is an eclectic mixed-use centre comprising high-end restaurants, pubs, hotels, retail outlets and office space. Grafton Street is readily accessible by private and public modes of transport. The LUAS Green line provides access to the south suburbs while the LUAS Cross City provides access to the north. The LUAS line carries over 34 million passengers per annum to / from the city centre. The Grafton Street area is well served by carparks with nine public carparks providing approximately 3,222 car spaces.
Date created: Sep 8, 2023