DescriptionTurley Property Advisors are delighted to market the leasehold interest of Unit 2 and 3 Gallery Quay, Grand Canal Dock, Dublin 2 by way of lease assignment.
Rare opportunity to acquire a fully fitted restaurant premises in one of Dublin€TM most highly sought after commercial destinations facing the Grand Canal. The property extends to approximately 257 sq. m. (2,772 sq. ft.) split over ground and first floor and has the benefit of a fully fitted commercial kitchen, extraction system and cold storage rooms. The unit also provides for fully fitted customer toilets on the ground and basement level.
Gallery Quay and Grand Canal is one of Dublin€TM most high profile commercial locations that benefits from strong footfall of residents, local workforce and tourists. The location is underpinned by strong list of global commercial occupiers in the immediate area including, Accenture, Airbnb, Trip Advisor, Facebook and HSBC. The location is further enhanced by the Bord Gais Theatre which attracts over half a million of visitors annually and will be further enhanced by the U2 Museum which expected to draw an additional 360,000 visitors to the area annually. Property The ground floor comprises main customer seating area facing a glazed curtain wall with views of Grand Canal. The basement is accessed by stair leading to a large kitchen area, cold storage rooms. Further storage rooms, a private dining area and customer toilets are located to the rear. The purchaser has potential to extend the basement dining area subject to planning and landlord consent.
Ground Floor (Customer seating, costumer toilets and bar area) 1,152 sq. ft.
Basement level (kitchen, storage, private dining area, toilets) 1,620 sq. ft.
Total 2,772 sq. ft.
25 year FRI lease from 21st December 2007 incorporating a 5 year rent review pattern. Passing rent is €95,000 per annum exclusive of Rates, Service Charge from 1st January 2020 until next review (20th December 2022).
Copy of Lease details and BER Rating available upon request. Guide Price of €250,000 For further details or to arrange an inspection please contact Kevin Daly on 01 479 1500