Description
BER Details
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Beds | |
Price | €595,000 |
Property Type | Pubs & Restaurants |
Size | 173.8 meters2 |
Energy Rating | BER-D2 |
Refreshed on | |
Eircode | D6WPY26 |
Group Name | DNG Commercial |
Sales License Number | 004017 |
Description
DNG Commercial are delighted to bring to market the opportunity acquire a mixed-investment property in the heart of one of Dublin most affluent suburbs. This property comes to market with a tenanted ground floor restaurant with the benefit of vacant office space above that could be converted to residential (subject to planning permission). Highlights • Superb location. • Significant opportunity for long term capital growth. • Excellent transport links, on the doorstep (including Quality Bus Corridor ) • Freehold Title • Excellent high demand rental location Location: 93 Terenure Road North is prominently positioned on the cusp of the junction located in the heart of Terenure village. Terenure is a well-located south Dublin suburb. The surrounding area is a mix of affluent residential neighbourhoods and ample selection of amenities in the Village Centre. The catchment includes the suburbs of Rathgar, Rathmines, Ranelagh and Rathfarnham. Description: The subject property comprises a two-storey mid-terraced building with a converted attic. Tani Japanese Restaurant is trading on the ground floor level currently paying €26,400 per annum with rental uplift potential and their current lease expiring is in January 2026. The first-floor office space has been vacant since December 2022 and has been stripped back to its original flooring. The upper floor would make a large 2-bedroom apartment S.P.P. Opportunity: This is an excellent opportunity for the astute investor to acquire a property in this popular city centre location where future capital appreciation is very likely. Demand and limited availability of rental accommodation in the area contribute to strong capital and rental growth. Guide Price: €595,000 BER: D2 Viewing by appointment with DNG Commercial only.
BER Details
BER: D2
Date created: Jun 6, 2024