Commercial Properties

39 Stephen Street Lower, Dublin 2

For Sale

39 Stephen Street Lower,
Dublin 2

Price

€1,600,000

Size

2,325 sq.ft.

Agent

John McNally
Phone: 01 6612003

Description

Mixed Use Investment Opportunity Tenants Not Affected

Description:
Number 39 comprises a mixed use four storey over basement converted period style building incorporating a basement store area with a ground floor retail unit extending to an area of 216sq.m (2,325.03sq.ft). The is independent access to the upper floors which comprise of a first floor 1 bed apartment and a duplex 2 bedroom apartment over the second and third floors. Each apartment has the benefit of its own private terrace.

Location:
Number 39 is located on the northern side of Stephen Street Lower, between its intersections with Drury Street and William Street South. Stephen Street is a continuation of King Street South and is located to the north western end of St Stephen’s Green Shopping Centre. The surrounding area is a busy retail thoroughfare with a mixture of convenience retailers, restaurants and public houses including The Hairy Lemon, Peter’s Pub and P Mac’s.

Tenant Lease Details

UKI Retail Limited 30 year lease from 1st May 2016, five-year reviews 32,500

Private Residential Tenancy 17/07/2017 Annual Rent 19,800

Private Residential Tenancy 04/10/2017 Annual Rent 24,000
Been in occupation since approx. 2013

Total Gross Annual income 76,300

Floor Area Sq.m Area Sq.ft
Ground Floor 50 538.20
Basement 27 290.63
First Floor 45* 484.38*
Second & Third Floor 94* 1,011.82*
Total 216 2,325.03
*GIA measurement

BER: B3, C2, D1, D2
BER Number: Available upon request

01 6612003