Retail and office building in Blackrock for €600,000

A mixed-use investment at 5-7 Main Street in Blackrock is fresh to the market this week with CBRE quoting €600,000 which would provide a net initial yield of 6.57 per cent.

The mid-terrace three-storey building, which extends to 260sq m (2,800sq ft), has retail on the ground floor with offices overhead.

Diep, the Thai food delivery specialist, occupies the ground floor on a new letting from September 2015 at a rent of €41,196 per annum.

The first- and second- floor offices are vacant offering new owners the chance to substantially increase the rent roll.