Drumcondra Road Upper, Dublin 9, Drumcondra, Dublin 9

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€3,300,000

Restaurant / Bar / Hotel For Sale
6,706 sq. feet (623 sq. metres)

Rating:

Contact Name: Robert Colleran

Selling Agent: Robert Colleran Property Consultants Ltd

PSR Licence Number: 004367-008743

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Property Description

Features
Retained Planning Permission for Bed and Breakfast use

Being sold with full vacant possession

Excellent hospitality investment and development opportunity.

Located on busy suburban thoroughfare.

Overall floor area 623 sq.m. 6,716 sq.ft. with potential for split sale

May suit for a variety of uses SPP. Guest House, Hostel, Student and Emergency accommodation.

Prime high profile location – exceptionally well located.

High volumes of passing pedestrian and vehicular traffic.

Unique chance to acquire a valuable refurbished property in the heart of Upper Drumcondra.

Excellent transport connectivity

Number 53 190.85 sq.m. 2,054 sq.ft.
Number 55 216.55 sq.m. 2,331 sq.ft.
Number 57 216.55 sq.m. 2,331 sq.ft.

This is an excellent opportunity to acquire a terrace of 3 very high profile red brick Bed and Breakfast properties in the heart of Drumcondra with laneway access from Home Farm Road to a large secure yard and car park at the rear of the 3 interconnected properties.

There is also potential for these properties to be sold in 1 or 2 Lots, subject on price and Title.

This substantial Bed and Breakfast property comprises 3 three storey interconnected period properties with a mix of 26 different sized en-suite bedrooms, 2 kitchens, a large dining room, full length reception room and ancillary store rooms and a facilities building at the rear of the property for laundry, storage and maintenance use.

The subject property has traded successfully as a guest house for several years and has established Bed and Breakfast use. The property has been refurbished and extended over the years to provide a mix of different modern bedroom types, from single bedrooms, twin bedrooms, double bedrooms to spacious family rooms, bright and spacious dormer bedrooms with roof lights … all of which are ensuite.

These 3 period red brick properties have feature bay windows over 2 floors overlooking enclosed landscaped gardens facing onto the Drumcondra Road with a pedestrian walkway, cycleway and quality bus corridor, bus shelter and aircoach route to Dublin airport located directly outside the property.

All three properties are interconnected providing excellent access to the 2 kitchens, shared dining room facilities and 2 reception rooms on the ground floor as well as providing additional stairway access and fire escape routes to the 3 front entrances and rear car park.

Location
The properties occupy a very prominent location on the west side of Upper Drumcondra Road close to the junction of Home Farm Road and less than 200 meters from the Dublin Skylon Hotel.

This busy thoroughfare is surrounded by a terrace of thriving shops, a Tesco and Lidl supermarket, a host of cafes, bars, restaurants, offices and the popular Skylon Hotel.

Several of Ireland’s most prestigious educational institutions are within walking distance. The Mater Dei Centre, All Hallows Campus, St Patrick’s College of Education, all three associated with the nearby Dublin City University. This sought after location enjoys a very busy footfall and is at the heart of a large well established, densely populated, residential neighbourhood.

In addition to local medical staff we understand that DCU has grown in size since 1980 to just under 17,000 students and approx. 1,800 staff in their Drumcondra and Collins Avenue Campus. These growing numbers have created strong demand for rental accommodation in the area with increased footfall and steady spin off business for the adjoining cafes, shops, bars and residential rental properties in Drumcondra
Some of the other adjoining occupiers include FLYEfit gym, Mace, Corrigans butchers, The Ivy House, Corvo Italian restaurant, Base pizza, Grafton Barbe, Ultimate Coffee and Lloyds Pharmacy.

The subject property is conveniently located less than 2.5 kilometers from Dublin City Centre and O’Connell Street Upper with an excellent public transport network on the doorstep.

Drumcondra Road is one of the busiest routes into Dublin city. The Quality Bus Corridor (QBC) provides more than 10 bus routes at the bus stop only meters from the property with very regular aircoach service to Dublin airport.

There is a bicycle lane located directly outside the property providing safe access to the city centre for cyclists as well as a Quality Bus Route corridor with several bus routes that link Drumcondra with the city centre, north suburbs and Dublin airport.

The property is also a short walking distance of 1 kilometer from the Drumcondra Train Station, which serves the Maynooth Train line and west Dublin suburbs to Spencer Dock in the IFSC.

The location is close to Tolka Park, Croke Park, Public parks and the National Botanic Gardens. The Irish Financial Services Centre, East Point Business Park, Temple Street Children's Hospital, Beaumont and The Mater Hospitals, DCU and Trinity Universities, the M1 and M50 motorways. Drumcondra Rail Station, Dublin Sea Port and the Airport are also within a short driving distance from the property..

Commercial Rates
The commercial rates for 2025 were €15,000 p.a.

Building Insurance
The building insurance for 2025 was €6,000 p.a.
However, we expect this to be reduced when the property is fully occupied.

Services
We understand that all mains services are available to the property. However, interested parties are required to satisfy themselves as to the adequacy of all services.

BER Details

Energy Performance Indicator: 0.00 kWh/m2/yr

This property was last updated: 3 days ago


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To: Robert Colleran in Robert Colleran Property Consultants Ltd
Subject: Restaurant / Bar / Hotel For Sale in Drumcondra Road Upper, Dublin 9, D...
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Selling Agent

Robert Colleran Property Consultants Ltd
Prosperity Chambers 19 - 22 Baggot Street Lower Dublin 2

Contact Name: Robert Colleran

PSR Licence Number: 004367-008743

Show Number
This Restaurant / Bar / Hotel For Sale located at Drumcondra Road Upper, Dublin 9, Drumcondra, Dublin 9 is currently for sale. This property was last updated by Robert Colleran Property Consultants Ltd 3 days ago. Drumcondra Road Upper, Dublin 9, Drumcondra, Dublin 9 is priced as: €3,300,000 and has 6,706 sq. feet (623 sq. metres). View all properties for sale in Drumcondra, Dublin 9. View restaurant / bar / hotel for sale in Drumcondra, Dublin 9.
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Drumcondra Road Upper, Dublin 9, Drumcondra, Co. Dublin