£200,000 premium sought for Henry Street store

DOUGLAS Newman Good is seeking a premium of £200,000 for a shop close to the GPO Arcade at 29 Henry Street, Dublin 1

DOUGLAS Newman Good is seeking a premium of £200,000 for a shop close to the GPO Arcade at 29 Henry Street, Dublin 1. It has a ground floor of 874 square feet and a marginally smaller basement, which could also be put to retail use provided planning permission is obtained. The premises is held on a 35-year lease from 1977 with seven yearly rent reviews at a current rent of £95,000.

The same agents are quoting a rent of £100,000 for Tommy's Wonderland store at the Nutgrove Shopping Centre, Rathfarnham, Dublin 16. The unit has 2,897 square feet at the entrance to the East Mall of the shopping centre. It has frontage on to both the mall and the shopping centre.