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17/19 Wexford Street, Wexford Street, Dublin 2

€5,500,000 Energy Rating D02 W921 1126 m2
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17/19 Wexford Street, Wexford Street, Dublin 2

€5,500,000

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Beds
Price €5,500,000
Property Type Investment Property
Size 1126 meters2
Energy Rating BER-D1
Refreshed on Apr 26, 2024
Eircode D02 W921

Description

INVESTMENT HIGHLIGHTS 100% occupancy Eddie Rockets Wow Burger 10 Apartments WAULT – 7.37 To Break – 13.87 To Expiry Total Passing Rent of €402,544 per annum DESCRIPTION 17-19 Wexford comprises a four storey established mixed use investment opportunity. The ground floor is occupied by two of Ireland’s leading fast food restaurant chains Eddie Rockets and Wow Burger. Both units are fully self-contained and are occupied on long term FRI leases. The first, second and third floor comprise ten fully let apartments all presenting in very good condition. LOCATION 17-19 Wexford Street is prominently located in one of Dublin’s most vibrant and lively destinations. Wexford Street located north of Camden Street links Rathmines with the southern city centre and is located approximately 5 minutes’ walk from St Stephen’s Green and 9 minutes’ walk from Grafton Street. The property is surrounded by all the city’s amenities including a choice of bars, cafés, and restaurants. Neighbouring businesses include the Whelan’s, BoBos Burgers, Opium, Zakura and The Jar to name but a few. SIGNAGE OPPORTUNITY Historically there was signage on the gable wall above Eddie Rockets facing up Camden Street. The vendor has been approached by a number of companies to instal a digital signboard. This could result in additional income for interested parties subject to Planning Permission. Eddie Rockets Eddie Rockets (Ireland) Limited occupies 19/19A Wexford Street on a 35 year lease from the 1st of March 1998. Eddie Rockets is a 1950s American style diner with 24 locations in Dublin and a further 17 locations throughout Ireland. Wow Burger Svetac Limited t/a Wowburger occupies 17/18 Wexford Street on a 20 year lease from the October 2022. There is a tenant only break option on the expiry of year 7, subject to 6 months written notice. Wow Burger opened their first location in 2017 and have expanded to 12 locations in Ireland and one location in England. 10 Apartments The ten apartments are all fully let on annual rolling lease agreements. BER D1-G

BER Details

BER: D1

Description

INVESTMENT HIGHLIGHTS 100% occupancy Eddie Rockets Wow Burger 10 Apartments WAULT – 7.37 To Break – 13.87 To Expiry Total Passing Rent of €402,544 per annum DESCRIPTION 17-19 Wexford comprises a four storey established mixed use investment opportunity. The ground floor is occupied by two of Ireland’s leading fast food restaurant chains Eddie Rockets and Wow Burger. Both units are fully self-contained and are occupied on long term FRI leases. The first, second and third floor comprise ten fully let apartments all presenting in very good condition. LOCATION 17-19 Wexford Street is prominently located in one of Dublin’s most vibrant and lively destinations. Wexford Street located north of Camden Street links Rathmines with the southern city centre and is located approximately 5 minutes’ walk from St Stephen’s Green and 9 minutes’ walk from Grafton Street. The property is surrounded by all the city’s amenities including a choice of bars, cafés, and restaurants. Neighbouring businesses include the Whelan’s, BoBos Burgers, Opium, Zakura and The Jar to name but a few. SIGNAGE OPPORTUNITY Historically there was signage on the gable wall above Eddie Rockets facing up Camden Street. The vendor has been approached by a number of companies to instal a digital signboard. This could result in additional income for interested parties subject to Planning Permission. Eddie Rockets Eddie Rockets (Ireland) Limited occupies 19/19A Wexford Street on a 35 year lease from the 1st of March 1998. Eddie Rockets is a 1950s American style diner with 24 locations in Dublin and a further 17 locations throughout Ireland. Wow Burger Svetac Limited t/a Wowburger occupies 17/18 Wexford Street on a 20 year lease from the October 2022. There is a tenant only break option on the expiry of year 7, subject to 6 months written notice. Wow Burger opened their first location in 2017 and have expanded to 12 locations in Ireland and one location in England. 10 Apartments The ten apartments are all fully let on annual rolling lease agreements. BER D1-G

BER Details

BER: D1
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DNG Commercial
DNG Commercial
Tel: 01 49...
PSRA Licence No. 004017

Date created: Mar 6, 2024

DNG Commercial
DNG Commercial
PSRA Licence No. 004017
Ros Tierney
Call Agent: 01 49...