£200,000 expected for Ranelagh lockup shop

Two retail investments and an industrial property to be auctioned by Young's Auctioneers on October 7th are likely to be of interest to private investors. A lockup shop at 98 Ranelagh Road, Dublin 6, rented by Boyle's Bookmakers at £16,500 per annum, is expected to make around £200,000.

The same guide price is being quoted for a restaurant trading as the Empire Chinese Takeaway at 72 Lower Rathmines Road, Rathmines, Dublin 6, which is producing £16,640. Young's expect to secure around £500,000 for a 10,240 sq ft industrial premises at 270 Western Industrial Estate, off the Naas Road, which is rented by Poundsworth at £38,500.