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For Sale

The KCR House 324/326 Kimmage Road Lower, Terenure, Dublin 6W,

Terenure, Dublin 6W, D6W CF38
Offers in excess of
€1,750,000
Licensed & Leisure Property

Property Overview

The KCR House Licensed Premises comprise a two storey end of terrace commercial building with part single storey extension to the rear, currently laid out with a traditional licensed premises on the ground floor augmented by the requisite storage and service accommodation together with a smoking area to the rear.

The above accommodation is bolstered by first floor former lounge bar with ladies and gents toilets currently unused. The first floor has full planning permission for a spacious approx. 97m2 two bedroomed apartment.

The KCR House Licensed Premises has been leased out for 4 years 9 months from May 2017 at a passing rent of €117,000 per annum. The lease has just expired in March 2022.

There is a unique opportunity for either an owner operator to acquire and continue and indeed drive the existing business with the introduction of a food offering (kitchen on the premises but not used) or alternatively for an investor to acquire the property and re-lease the licensed premises.

There is also a further opportunity to reopen the unused first floor to drive the business further or indeed to fit it out as two one bedroom apartments instead of a spacious two bedroom apartment.

The adjoining residential property at 324 Kimmage Road Lower enhances the overall offering which enjoys excellent annual income of €35,400 per annum.

The KCR House Licensed Premises comprise a two storey end of terrace commercial building with part single storey extension to the rear, currently laid out with a traditional licensed premises on the ground floor augmented by the requisite storage and service accommodation together with a smoking area

Accommodation

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