Restored bank building on Abbey Street for €1.2m

A city-centre period building hits the market this week at €1.2 million.

CBRE is handling the sale of 12A Lower Abbey Street, Dublin 1, which is adjacent to the National Lottery offices, Irish Life and VHI headquarters.

The property, purpose-built in 1839 for the Trustee Savings Bank, is an impressive detached two-storey over-basement building extending to 584sq m (6,286sq ft).

It has been restored and refurbished to a high standard while retaining many of its original features throughout.

Within walking distance of the IFSC and Upper O' Connell Street, the property benefits from excellent public transport links, including the Luas, Dart and a Dublin Bus stop to the front.

Paul McCoy of CBRE said the building could be adapted to suit a variety of retail/restaurant and office uses, subject to the necessary planning permission.

“This is an excellent opportunity to acquire a prominent freehold building in a high-profile and accessible city location,” he said. “We would envisage interest from both investors seeking freehold opportunities as well as those occupiers active in the market looking for a prime city-centre building which could accommodate a variety of uses.”