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Little Britain St , Smithfield, Dublin 7

223.28m 2Energy RatingInvestment Property
#2 of 2 Properties Viewed in Smithfield
RE/MAX Properties – Team Citywide
RE/MAX Properties – Team Citywide
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PSRA Licence No. 001485
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Description

9 LITTLE BRITAIN ST POTENTIAL TO EXTEND WITH ADDITIONAL FLOOR PLANNING FOR RETAIL & 2x APT PREVIOUSLY ACHIEVED, WITH SOME WORKS ALREADY COMPLETED (PLANNING NOW LAPSED) WIDE SCALE REGENERATION UNDERWAY IN THE SURROUNDING AREA SIGNIFICANT HISTORICAL, CULTURAL & LITERARY IMPORTANCE: ORIGINALLY BARNEY KIERNAN'S PUB, THE SETTING OF 'CYCLOPS' CHAPTER OF JAMES JOYCE'S ULYSSES A mid-terraced three storey over basement mixed use property, with enclosed rear yard. The property consists of a retail space at ground floor level with w/c to the rear, both first and second floors are laid out with large rooms to the front and smaller rooms to the rear, w/c at mezzanine level between first and second floors. The basement consists of two storage room, corridor and extends under the pavement to the front. FLOOR AREAS Ground Floor Front Retail Space: (5.80m x 4.48m) Rear Retail Space: (3.83m x 4.87m) W/C: (3.12m x 1.29m) First Floor Front Room: (5.87m x 4.50m) Rear Room: (3.90m x 4.87m) Mezzanine W/C: (1.45m x 0.88m) Second Floor Front Room: (5.73m x 4.50m) Rear Room: (3.90m x 4.87m) Basement Front Basement: (3.81m x 4.41m) Back Basement: (3.78m x 4.68m) GIA: 223.28m2 ( 2,403 sq ft) LOCATION This property occupies a mid-terrace position on Little Britain St, approx. 50m from Capel St. The surrounding area in currently in the process of wide scale regeneration and redevelopment. The Victorian Fruit Market has been vacated with DCC currently at the tendering process for an operator to design/build/operate the space. The expected completion is 2021. Within 120m of the property three different hotels (+600 Beds) are currently under development. In addition, TUI (DIT) Bolton St Campus is approx.. 200m from the property, and the Grangegorman Campus is approx.. 500m away. In September 2020, programmes currently operating in the Cathal Brugha Street Campus, the Kevin Street Campus will be moving to the Grangegorman Campus, bringing total number of students to 10,000. The development of a Cultural Quarter in Parnell St, with an impressive new Dublin City Library, will greatly benefit the wider surrounding area too. REDEVELOPMENT / REFURBISHMENT POTENTIAL (SUBJECT TO PLANNING PERMISSION) The property is in a prime location for a range of potential uses, either in its current mix of commercial and residential use with refurbishment or with the conversion of the current residential into multiple residential units. The property was previously granted Planning Permission (3212/06) for the modification of the retail unit, a one bedroom apartment at first floor level and the construction of an additional floor, with a 2 bedroom duplex apartment across second and third floor. Some repair and re-instatement works: Reinstatement of timber shop front Reinstatement of sliding sash windows to front and rear Repointing of external front brickwork Strengthening of floors THE LIVING CITY INITIATIVE The location of the property falls within the area applicable for the 'Living City Initiative', the scheme allows owners and investors to claim tax relief for money spent on refurbishment and/or conversion of residential property either as income tax relief (for owner-occupied residential) or capital allowance (for rented residential). It also focuses on the regeneration of retail and commercial districts by allowing owners to claim an accelerated capital allowance on money spent on refurbishment and/or conversion of commercial property. More info is available at: http://www.dublincity.ie/livingcity CULTURAL / HISTORICAL / LITERARY IMPORTANCE While not only being a fine example of 18th Century Georgian Architecture, this property is seeped in Dublin Culture. The building was the setting for a full and important chapter in James Joyce's Ulysses. Chapter 12: The Cyclops, in which Leopold Bloom meets with The Citizen in Barney Kiernans Public House. Barney Kiernan's Pub was also commonly known as 'The Court of Appeal' due to the close proximity to Green Street Courthouse and the Newgate Gaol, and was the setting for the play staged in the Abbey in 1941, entitled 'Trial at Green Street Courthouse' by Roger McHugh. The pub was also associated with the 1798 Rebellion and the hangmen of the nearby Newgate Prison. The building retains some of the original elements of the shopfront of the famous pub Barney Kiernans, and with the potential for increased tourism activity in the area with the renovation of the Victorian Fruit Market and numerous hotels under development, these cultural connections could greatly benefit a future commercial use at the premises. TENANCY This property is being sold with vacant possession. TITLE Freehold VIEWING BY APPOINTMENT ONLY VIA CITYWIDE AUCTIONEERS (These particulars do not constitute an offer or contract, and whilst every effort has been made in preparing all descriptions, dimensions, maps, and plans, these details should not be relied upon as fact. Dimensions / Illustrations are for guideline purposes only and not to scale. Citywide Auctioneers Ltd will not hold itself responsible for any inaccuracies contained therein.)

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