Commercial premises in Dundrum at a guide price of €395,000

Vendor is also to consider leasing the building at a rent of around €38,000 per annum

An end-of-terrace retail and office building opposite the entrance to the car park at Dundrum Shopping Centre is south Dublin is expected to attract considerable interest when it goes on the market through agents Savills at a guide price of €395,000.

The two-storey building is adjacent to the Peter Mark hairdressing salon and is in particularly good condition. The ground floor retail area extends to 74 sq m (796 sq ft) while the first floor has a further 50 sq m (538 sq ft). An off-street car park to the rear can accommodate six cars.

The vendor is also to consider leasing the building at a rent of around €38,000 per annum.

Stephen McCarthy of Savills says the building would appeal to private investors seeking an easily managed commercial premises in a top class location. A new owner might well decide to seek planning approval to use the upper floor as an apartment.

Jack Fagan

Jack Fagan

Jack Fagan is the former commercial-property editor of The Irish Times