Description
INVESTMENT OPPORTUNITY IN THE HEART OF DUBLIN CITY CENTRE, PRODUCING €35,750 P.A
BY PRIVATE TREATY
(TENANT’S NOT AFFECTED)
LOCATION
Highly accessible commercial property situated on the very busy thoroughfare of Mary Street close to the street’s intersection with prime shopping street, Henry Street and other shopping locations to include Jervis Shopping Centre and ILAC Shopping Centre. The central location of the property provides easy access to all amenities offered in the city centre, such as all Dublin Bus Routes, and both the Luas Green and Red Lines which provide access to main line train services at Connolly and Heuston Station.
DESCRIPTION
The second floor of 57 Mary Street provides a well refurbished massage & therapy spa with a reception and office area at front, 5 no. private massage therapy rooms, kitchen area, W.C, and a shower room. The entire property is currently let to It’s Always Sunny Spa on a 4-year 9-month lease from 1st July 2022 due to expire in April 2027, with a rent payable of €27,000 p.a.
The third floor of 57 Mary Street is currently let to Ramblers Way and is in use as additional storage space to their ground floor premises. We understand that their lease is due to expire in May 2043, with a rent payable of €8,750 p.a, and the next rent review due in May 2028.
ACCOMMODATION
Second Floor 142.5 sqm / 1,533 sqft
Third Floor 55.75 sqm / 600 sqft
Total 198.25 sqm / 2,133.95 sqft
TITLE
We understand the subject premises are held under freehold / long leasehold title.
VIEWING AND FURTHER INFORMATION
Viewing strictly by prior arranged confirmed appointment with the sole selling agents. For further information contact James Stephenson or Eimantas Petrus.