Cinnamon Restaurant, Leasehold, For Sale, Monkstown, County Dublin

€600,000

Beds
Price	€600,000
Property Type	Pubs & Restaurants
Size	232 meters²
Energy Rating	BER-C1
Refreshed on	Jan 9, 2025
Eircode	A94X960
Group Name	Dooley Auctioneers
Sales License Number	004459

Description

***LEASEHOLD FOR SALE*** Dooley Auctioneers are pleased to offer an exciting business opportunity at Cinnamon, 23 Monkstown Crescent, Monkstown. Located in the heart of Monkstown Village, this premises occupies a prominent position within one of the area's most desirable commercial and retail hubs. The Leasehold Interest is available for sale, with the current tenant seeking key money to facilitate the transfer of the fully equipped business to a new leaseholder. Thanks to its prime location, the property enjoys excellent foot traffic and high visibility from passing vehicles, ensuring immediate exposure and long-term potential for any new owner. The surrounding area is home to a vibrant mix of shops, popular restaurants, cafes, and other thriving businesses, adding to the dynamic and appealing atmosphere of Monkstown Village. Exciting opportunity to acquire an existing, profitable business. Cinnamon has been operating out of this premises for the last 10 years. The business is profitable and a staple restaurant in the area for a decade. This opportunity will allow the new lease owner to acquire a fully functional business ready to go with all the stock and goodwill of the existing business. Thanks to its size, flexibility and central location, this property is suitable for a wide variety of commercial purposes. As such, it will appeal both to established local businesses seeking to expand existing operations, or new national or local businesses looking for a high profile trading opportunity. The retail unit is part of a busy commercial and retail community that includes many well-established local, national and international brands. Cinnamon, 23 Monkstown Crescent is situated on the south side of the Crescent, a thriving area that has grown in popularity over time. This vibrant part of Monkstown is home to a variety of restaurants, cafes, lifestyle retailers, and boutiques. Key local businesses include Avoca Handweavers, Seapoint, Seagreen, Searsons Wines, and Howbert & Mays. The area's diverse food scene, featuring establishments like Bresson, Fxbs, and 8awhich, enhances the unique character and appeal of Monkstown Village. With a population of approximately 6,000 people, Monkstown Village offers a welcoming and close-knit community. Located in the heart of the village, the property is surrounded by a wide range of eateries, cafes, and greengrocers. The area also boasts excellent residential amenities, including Seapoint Beach, the Irish National Sailing and Powerboat School, local rugby and GAA clubs, and a selection of primary and secondary schools, all within easy reach. Public transport is well-connected, with Salthill and Monkstown train stations just 120 metres away. Multiple Dublin Bus stops are also conveniently located nearby, providing frequent services to Dublin City Centre. ********************************************************************************************* Due to confidentiality, full details can only be given to named parties. The lease is a 20 year lease commencing from 01/11/2014 with right to renewal existing based on business equity with no renunciation. The current rent is available upon request from the Agent. The rates are available upon request. Insurance is available upon request. Any further details are available upon request from the Selling Agent.

Features

FEATURES Guide Key Money for assignment with Fixtures and Fittings available on request Prime retail location High footfall Excellent visibility Leasehold property Situated in a well sought after location Versatile property with seating capacity up to 100 Well served by public transport Well established & profitable business

BER Details

BER: C1

Description

Features

BER Details

BER: C1