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.