1/2, O'Connell Street, Dublin 1

POA

Beds
Price	POA
Property Type	Investment Property
Size	meters²
Energy Rating	BER-Exempt
Refreshed on	May 13, 2024
Eircode	D01 HR04

Description

JLL are delighted to present the sale of 1-2 Upper O’Connell Street, 29 North Earl Street, and 10 Cathedral Street, Dublin 1 to the market, a superb opportunity to acquire a six storey over basement building in a prime city centre location with full planning permission for a 38-bedroom hotel along with a prime retail unit at ground floor and basement and investment currently let to Dunnes Stores. This presents an exceptional chance to acquire a prominent building on one of Dublin’s most significant retail streets. Development Opportunity • Planning permission for conversion to 38-bedroom hotel • Highly visible location in front of the GPO / Spire • Spans over 900 sq.m • Ground floor entrances at O'Connell & North Earl Street • Dining/reception area at first floor level • 38 ensuite bedrooms from first to fifth floors Restaurant/Café Opportunity • Extensive ground floor and basement retail unit • Rent of €300,000 per annum exclusive • Prime location with dual frontage • Ideally suited for café or restaurant use Retail Opportunity • Ground floor retail unit extending 235 sq.ft. • Rent of €30,000 per annum exclusive • Suits variety of uses Investment Opportunity • 10 Cathedral St (excl. vacant unit) leased to Dunnes Stores • In use as storage and extends 10,011 sq.ft. • Overholding with rights at €80,000 pax

BER Details

BER: Exempt

Viewing Details

By appointment only.

1/2 O'Connell Street Upper & 29 North Earl Street

Built in 1917 and designated as a protected structure, this prominently sited commercial building was part of the reconstruction of O’Connell Street after the 1916 Rising. Designed by O’Callaghan & Webb, the property showcases an elaborate Edwardian Baroque style, typical of the early twentieth century. The elaborate roof and façade treatment represent a conservative style, popular during the early twentieth century. The building extends to a total of 13,130 sq.ft. with 1,025 sq. ft. at basement level, 3,229 sq. ft. at ground floor level along with approx. 1,800 sq.ft. at each of the upper levels. The building benefits from a stunning façade and distinctive roofline with lucarnes, decorative cast iron trim, and complemented by iron brattishing make it a notable landmark. The exterior of the building showcases a stunning combination of red brick walls laid in Flemish bond and framed by Portland stone elements. The pie ended mansard roof, adorned with natural slate and lucarnes, adds a distinctive touch to the architecture. The canted section of the building boasts an eye-catching cast-iron finial and a decorative oval lucarne on scrolled brackets.

10 Cathedral Street

The Cathedral Street portion of the property comprises a terraced five-bay three story building constructed c.1820. The building includes a vacant retail unit at ground floor level (235 sq.ft.) with the remainder (10,11 sq.ft.) currently occupied by Dunnes Stores and in use as storage. The building has red brick parapet wall façade laid with Flemish bond, moulded granite cornice to eaves, masonry coping, a granite shopfront and cast-iron rainwater goods.

Location

Occupying a prominent corner position, 1-2 O’Connell Street Upper & 29 North Earl Street is situated in the heart of Dublin 1, overlooking the iconic Spire. This prime location offers excellent visibility and is surrounded by a bustling urban atmosphere. The property is at the forefront of the historic O’Connell Street area, near the renowned GPO, and is part of the architectural fabric that defines the character of the area. Boasting the title of widest street in Europe and one of two main thoroughfares in Dublin. The property is conveniently located within a short walk of both north and south bound LUAS services along with a range of both local and national bus services. With its prime location in the heart of Dublin 1, this property offers excellent visibility and proximity to various amenities and attractions. It has a variety of retail, café restaurant and cultural offerings. The combination of historical significance, unique architecture, and the potential for a hotel conversion make this a compelling investment opportunity. The central location of the property allows for both the easy exploring of Dublin prime attractions but also provides connections to other national cities and towns. O’Connell Street is well served by public transport links including numerous Dublin bus stops serving a host of different routes as well as an Aircoach stop providing a link to Dublin Airport. The property is located near to the O’Connell, Marlborough and Abbey Street Luas Stops allowing for convenient travel on all Luas routes. Both Connolly Station and Busaras are conveniently located approximatively a 10-minute walk away.

1/2, O'Connell Street, Dublin 1

POA

Description

BER Details

Viewing Details

1/2 O'Connell Street Upper & 29 North Earl Street

10 Cathedral Street

Location

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