RS-WS2
For Sale

27-29 Liffey Street Lower,

North City Centre, Dublin 1, D01FK58
128 SQ.M
Offers in excess of
€1,400,000
Investment Property

Property Overview

No’s 27-29 Liffey Street Lower (inc No. 39 Strand Street Great) comprise two ground floor restaurant units that form part of a larger two storey development encompassing No’s 26-29 Liffey Street Lower and 39 Strand Street Great. No. 27 Liffey Street Lower extends to approximately 68.86 sq.m (687 sq. ft) net internal area in its current configuration, excluding the rear yard area. Internally, the unit benefits from a modern tenant fit out with high quality finishes throughout. The front seating area provides seating for approx. 24 persons, whilst the kitchen and preparation areas is situated to the rear.

No’s 28-29 Liffey Street Lower (inc No. 39 Strand Street Great) comprises a double fronted ground floor restaurant unit situated on the corner of Liffey Street Lower and Strand Street Great. The unit extends to approximately 63.7sq.m (686 sq. ft) net internal area in its current configuration, excluding the rear yard area.

Planning for the current restaurant use was granted in October 2017 and January 2017 respectively.

No’s 27-29 Liffey Street Lower (inc No. 39 Strand Street Great) comprise two ground floor restaurant units that form part of a larger two storey development encompassing No’s 26-29 Liffey Street Lower and 39 Strand Street Great. No. 27 Liffey Street Lower extends to approximately 68.86 sq.m (687

  • Two high profile ground floor retail units on one of Dublin’s main pedestrian thoroughfares
  • Both units are leased to two long standing restaurants with a combined rent of €108,000 per annum
  • Weighted average unexpired lease term (WAULT) of 4.22 years
  • Total net internal area of approx. 128 sq.m (1,375 sq.ft) excluding rear yard areas
  • Freehold title (first floors were previously sold off via long leasehold interests)
  • Tenants not affected

Accommodation

Unit noTenantTerms (yrs)Lease startLease ExpiryContracted rentComment
27Private individual x 21001/07/201730/06/2027€54,000Open market rent reviews. Security deposit of €4,000
28-29Istanbul Restaurants Limited 531/10/202131/10/2026€54,000Security deposit of €4,500 Dead of Renunciation signed
Total €108,000

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RS-WS2