27-29 Liffey Street Lower,
Property Overview
- Features
- Location
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
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.
- 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
The two properties are situated on the west side of Liffey Street Lower, at the junction with Strand Street Great. Liffey Street Lower is a long-established retailing street and is one of the main pedestrian throughfares between the north and south city centre districts – connecting Dublin’s two main shopping precincts of Henry Street and Grafton Street.
Some of the occupiers in the immediate area include Cassidy Travel, Classic Resorts, Starbucks, Spar, and The Lotts Bar. In 2019, Dublin City Council announced that it intends to create a pedestrian plaza on the portion of Liffey
Street Lower stretching from the quays (opposite the Ha’penny Bridge) to Strand Street Great.
The two properties are situated on the west side of Liffey Street Lower, at the junction with Strand Street Great. Liffey Street Lower is a long-established retailing street and is one of the main pedestrian throughfares between the north and south city centre districts – connecting Dublin’s two
The two properties are situated on the west side of Liffey Street Lower, at the junction with Strand Street Great. Liffey Street Lower is a long-established retailing street and is one of the main pedestrian throughfares between the north and south city centre districts – connecting Dublin’s two main shopping precincts of Henry Street and Grafton Street.
Some of the occupiers in the immediate area include Cassidy Travel, Classic Resorts, Starbucks, Spar, and The Lotts Bar. In 2019, Dublin City Council announced that it intends to create a pedestrian plaza on the portion of Liffey
Street Lower stretching from the quays (opposite the Ha’penny Bridge) to Strand Street Great.
Accommodation
| Unit no | Tenant | Terms (yrs) | Lease start | Lease Expiry | Contracted rent | Comment |
|---|---|---|---|---|---|---|
| 27 | Private individual x 2 | 10 | 01/07/2017 | 30/06/2027 | €54,000 | Open market rent reviews. Security deposit of €4,000 |
| 28-29 | Istanbul Restaurants Limited | 5 | 31/10/2021 | 31/10/2026 | €54,000 | Security deposit of €4,500 Dead of Renunciation signed |
| Total | €108,000 |
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