Investment opportunity in Dominick Street

Lambert Smith Hampton brings this excellent ground floor retail investment opportunity to the market. Located at No 62 Lower Dominick Street in the busy West End, and only 200sq m from Mainguard Street and Quay Street, the unit extends to 1,200sq m.

Dominick Street is fast becoming a destination for restaurants and coffee shops — it is home to Aniar, Rouge, Dela, Kai restaurant, Il Viccolo, and Tartare. Other neighbouring businesses include DeBrun, Monroe's Tavern, and Corless Menswear.

The tenant (unaffected ) is trading as an XL convenience store on a 15 year lease term.

LSH is asking for €175,000 for this investment property, which is producing a rent of €12,000 per annum for the first five years of the term. It represents an excellent opportunity for small to medium sized investors to establish a foothold in the commercial property market through their pension or otherwise and benefit from a generous return.

Contact Cormac McGuckian at 091 865 333 for further details.

 

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