5
116 Grafton Street, Dublin 2
€2,900,000
136 m²
Investment Property
Property Overview
- Available From: Immediately
Description
- Sale Type: For Sale by Private Treaty
- Overall Floor Area: 136 m²
Prime retail investment situated on Ireland's premier shopping street.
INVESTMENT HIGHLIGHTS
- Ground floor and basement unit extending to approximately 136.1 sq. m. (1,465 sq. ft.) NIA.
- Fully let to global cosmetics retailer Lush on effective FRI lease terms.
- Passing rent of €285,000 pa.
- Offers Asset Management / Re-gear potential.
- BER Exempt.
- Guide price: Excess €2,900,000 (subject to contract and exclusive of VAT) reflecting a net initial yield of 8.94%, assuming standard purchaser costs of 9.96%.
THE PROPERTY
116 Grafton Street comprises the freehold interest in the ground and basement of a five story over basement mixed use property.
The ground and basement floors extend to 136.1 sq m (1,465 sq ft) and are arranged to provide ground floor retail and basement storage. The upper floors provide four self-contained apartments which have been sold off on a long leasehold basis.
The ground floor comprises a traditional shop front with glazed façade providing approximately 6.6m of frontage on to Grafton Street. Extending to 80.1 sq m (862 sq ft) NIA, the ground floor is fitted out to provide an open plan retail unit and comprises tiled flooring, plastered and painted walls and ceilings, incorporating both pendant and spot lighting. The unit benefits from a recent tenant refit. The basement extends to 56 sq m (603 sq ft) NIA and is arranged to provide an office, kitchenette staff area, storage and two W.C.'s.
THE LOCATION
116 Grafton Street commands a prominent position on Grafton Street, Dublin's premier shopping street. The property is situated on the western side of Grafton Street between the Suffolk Street/Nassau Street junction and the main entrance to Trinity College.
Boasting annual footfall of approximately 25 millionpeople, Grafton Street is home to a host of high
street and luxury retailers including Brown Thomas Hugo Boss, Russell & Bromley, Lululemon, Massimo Dutti, Victoria's Secret, Marks & Spencer, Boots, Lego, Boodles, Dune, Pandora, Skechers and Canada Goose. Trinity College, one of Ireland's top tourist attractions, is situated directly opposite the property.
The area is well served by an array of transport modes including Dublin Bus, DART and Luas (Green Line).
THE DATA ROOM
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Local AreaNEW
Learn more about what this area has to offer.
School Name | Distance | Pupils | |||
---|---|---|---|---|---|
School Name | City Quay National School | Distance | 610m | Pupils | 176 |
School Name | South City Cns | Distance | 650m | Pupils | 137 |
School Name | Scoil Chaoimhín | Distance | 820m | Pupils | 62 |
School Name | Distance | Pupils | |||
---|---|---|---|---|---|
School Name | Central Model Infants' School | Distance | 840m | Pupils | 162 |
School Name | Central Model Senior School | Distance | 860m | Pupils | 259 |
School Name | Georges Hill School | Distance | 950m | Pupils | 131 |
School Name | Francis St Cbs | Distance | 980m | Pupils | 170 |
School Name | St Patrick's Cathedral Choir School | Distance | 980m | Pupils | 31 |
School Name | St Audoen's National School | Distance | 990m | Pupils | 190 |
School Name | Gaelscoil Cholásite Mhuire | Distance | 1.1km | Pupils | 170 |
School Name | Distance | Pupils | |||
---|---|---|---|---|---|
School Name | C.b.s. Westland Row | Distance | 700m | Pupils | 186 |
School Name | Loreto College | Distance | 820m | Pupils | 570 |
School Name | Larkin Community College | Distance | 930m | Pupils | 407 |
School Name | Distance | Pupils | |||
---|---|---|---|---|---|
School Name | St Patricks Cathedral Grammar School | Distance | 970m | Pupils | 277 |
School Name | Catholic University School | Distance | 990m | Pupils | 561 |
School Name | Mount Carmel Secondary School | Distance | 1.1km | Pupils | 399 |
School Name | Belvedere College S.j | Distance | 1.3km | Pupils | 1003 |
School Name | Synge Street Cbs Secondary School | Distance | 1.3km | Pupils | 311 |
School Name | The Brunner | Distance | 1.3km | Pupils | 219 |
School Name | Presentation College | Distance | 1.5km | Pupils | 152 |
Type | Distance | Stop | Route | Destination | Provider | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Type | Bus | Distance | 40m | Stop | Trinity College | Route | 984n | Destination | Monteith Park, Stop 4266 | Provider | Finnegan-bray Ltd |
Type | Bus | Distance | 40m | Stop | Trinity College | Route | 984n | Destination | Riddlesford, Stop 7365 | Provider | Finnegan-bray Ltd |
Type | Bus | Distance | 60m | Stop | College Green | Route | 65 | Destination | Ballyknockan | Provider | Dublin Bus |
Type | Distance | Stop | Route | Destination | Provider | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Type | Bus | Distance | 60m | Stop | College Green | Route | 13 | Destination | Grange Castle | Provider | Dublin Bus |
Type | Bus | Distance | 60m | Stop | College Green | Route | 49 | Destination | The Square | Provider | Dublin Bus |
Type | Bus | Distance | 60m | Stop | College Green | Route | 65 | Destination | Blessington | Provider | Dublin Bus |
Type | Bus | Distance | 60m | Stop | College Green | Route | 65 | Destination | Ballymore | Provider | Dublin Bus |
Type | Bus | Distance | 60m | Stop | College Green | Route | 65b | Destination | Citywest | Provider | Dublin Bus |
Type | Bus | Distance | 80m | Stop | College Green | Route | 27 | Destination | Jobstown | Provider | Dublin Bus |
Type | Bus | Distance | 80m | Stop | College Green | Route | 56a | Destination | The Square | Provider | Dublin Bus |
BER Details
Statistics
15/05/2024
Entered/Renewed
1,803
Property Views
Daft ID: 519343736
Adam Ghee
0877877185