Dublin city centre mixed-use investment guiding at €950,000

80 Dame Street comprises fully-let ground floor retail unit and four floors of offices

Agent Cushman & Wakefield is seeking offers in excess of €950,000 for a high-profile mixed use investment on Dame Street in Dublin city centre.

80 Dame Street comprises a five-storey over-basement Georgian property extending to 150sq m (1,616sq ft). The building is laid out as an independent ground-floor retail unit with basement store and four floors of offices overhead.

The ground floor and basement store are let to Fogarty Lock & Safe Company Ltd until August 2023, at a passing rent of €31,000 per annum.

The office accommodation, which is ready for immediate occupation, extends to 98.12sq m (1,055sq ft). It is in excellent condition having been extensively refurbished in 2015 and features exposed hand-cut brick arches of the original fireplaces, bonding timbers and rafters, tall double-hung sash windows and timber flooring.

Peter Love and James Loughnane of Cushman & Wakefield who are handling the sale, say the property offers investors the opportunity to acquire an investment property in a prime Dublin city centre location that offers an immediate opportunity to increase returns through the letting of the vacant office accommodation.

Ronald Quinlan

Ronald Quinlan

Ronald Quinlan is Acting Property Editor of The Irish Times